The men who want to get rid of banks

PayPal's co-founder expects his new start-up to write $US100m of personal loans in 12 months. He's one in an army of entrepreneurs with established bank margins in their sights.

PayPal co-founder Max Levchin was 16 when he saw his family’s life savings of $US7,000 almost disappear just as they were due to flee the rising anti-Semitism of the Soviet Union to the safety of America.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles