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Affirm CEO: BNPL Empowers Consumers and Faces Challenges
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Overview
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Affirm CEO Max Levchin highlights the benefits of buy now, pay later (BNPL) and emphasizes its transparency and control for consumers. The company faces challenges due to rising interest rates and has announced staff cuts and a decline in stock price. Levchin welcomes regulatory scrutiny to ensure fair competition and consumer protection.
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How does BNPL benefit consumers?
What are the challenges faced by Affirm due to rising interest rates?
Why does Levchin support regulatory scrutiny?
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