Affirm is More Buyer or Partner Than Seller, Levchin Says

Affirm, a leading player in the fast-growing “buy now, pay later” online lending market, sees itself more as a buyer than a seller, according to CEO Max Levchin. But despite a gold-rush mentality over the past few weeks, as PayPal and Square both struck big acquisitions, Levchin told The Information in an interview he’s not rushing into deals. “We’re going to be judicious” about acquisitions and may “partner more than we’ll ever acquire.”

And Levchin didn’t definitively rule out selling. “I'm not convinced that we want to be acquired as a company,” he said, although he added “we’ve got a long road map” to build the company.