Levchin: Modern fintechs will replace traditional banks for direct deposits
Max Levchin · a16z Podcast | Building Affirm, and Why Max Levchin Has Watched Seven Samurai 100-Plus Times · Jan 2, 2019 · at 12:16
Max Levchin, founder and CEO of Affirm, shares his vision for the re-aggregation of consumer banking around new fintech brands.
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“There's definitely going to be several probably winners that take the spot in your brain that belongs to Wells Fargo for your parents, the sort of a place where your money goes into a direct deposit account of some sort that takes care of your billing mostly automatically”
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