Affirm CEO Sees Little Appetite in the US for Elon Musk’s Everything App
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Elon Musk’s vision of an everything app that includes banking capabilities may not be what Americans are looking for, said Max Levchin, who co-founded PayPal Holdings Inc. with the world’s richest man.
“I do think that the everything app worked really well in a place, in a time, in a different country,” Levchin, now chief executive officer of financial-technology firm Affirm Holdings Inc., said Friday on Bloomberg Television. “I don’t think the US consumer is looking for a version of a Tencent product.”