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Weekly Wrap: Affirm’s loan strategy, and new tech to reach the underbanked

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Affirm is pushing further into new loans after an initial pullback during the early days of the COVID-19 pandemic. “We feel there is in fact a broader product fit for e-commerce-based, point-of-sale lending across the entire consumer segment than what we used to see pre-COVID,” said Sandeep Bhandari, chief strategy and risk officer at Affirm. […]

Source: https://bankinnovation.net/allposts/products/lending/weekly-wrap-affirms-loan-strategy-and-new-tech-to-reach-the-underbanked/

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