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PayPal Co-Founder's Holiday Gift for Millennials: Loans

Levchin's latest venture, Affirm, is an online lender that's offering a new way for consumers to buy goods.

PayPal co-founder Max Levchin is gearing up for a busy holiday season, especially from millennials.

Levchin’s latest venture, Affirm, is an online lender that’s offering a new way for consumers to buy gifts for friends, loved ones and themselves. Jewelry from Chloe + Isabel, guitars from Dean Zelinsky and wireless speakers from Sol Republic are among the latest items that can be bought with a loan from the start-up.

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This article originally appeared on Recode.net.