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PayPal Co-Founder Raises $275 Million to Reinvent Credit

(Fortune) – Banks and financial institutions have not created products that serve younger generations in the most efficient way, according to Max Levchin, the co-founder of eBay-owned payments giant PayPal. It’s a major opportunity for startups that seek to rethink financial technology—one Levchin hopes to leverage with his own, Affirm. The young company has tasked itself with rethinking […]