Dossier
Consumer finance
Coverage of Consumer finance in the Nexus archive.
- Max Levchin on why Affirm wants to be your smarter older sister
Max Levchin, founder and CEO of Affirm, built the company to act as a 'smarter older sister' by helping customers make better financial decisions rather than profiting from their mistakes. He discusses how this philosophy influences Affirm's products and culture, as well as his immigrant engineer background and study of dystopian science fiction to prevent an undesirable AI future in consumer finance.
- India’s HDFC Bank Beats Estimates as Loan Growth Stays Strong
India’s HDFC Bank reported stronger-than-expected loan growth, driven by sustained demand for home loans. The bank aims to leverage home lending to expand into consumer finance, offering loans for products like air conditioners, cars, and TVs.