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home / news releases / affirm holdings inc afrm cfo fireside chat transcrip


AFRM - Affirm Holdings Inc. (AFRM) CFO Fireside Chat (Transcript)

2024-06-14 15:09:10 ET

Affirm Holdings, Inc. (AFRM)

CFO Fireside Chat

June 14, 2024 12:00 PM ET

Company Participants

Zane Keller - Director of Investor Relations

Michael Linford - Chief Financial Officer

Conference Call Participants

Ramsey El-Assal - Barclays

Presentation

Zane Keller

Okay, it looks like we've got most of the people that registered for the event. So I think we'll go ahead and get started. So good day, everyone. Thank you again for dialing into our quarterly fireside chat with our Chief Financial Officer Michael Linford. We would like to thank Ramsey El-Assal from Barclays for hosting the call with us today. For those of us -- for those of you, excuse me, that have not used the Say Technologies platform, we encourage you to submit questions ahead of the calls, and we will do our best to address them here. We appreciate the participation and engagement from all of our investors, especially those who submitted questions in advance.

Before we begin, I would like to remind everyone listening that this discussion may contain forward-looking statements. These forward-looking statements are subject to numerous risks and uncertainties, including those set forth in our filings with the SEC, which are available on our investor relations website. Actual results may differ materially from any forward-looking statements that we make today. These forward-looking statements speak only as of today, and the company does not assume any obligation or intent to update them, except as required by law. And with that, we'll hand it over to Ramsey who will begin the Fireside Chat today. Ramsey?

Question-and-Answer Session

Q - Ramsey El-Assal

Thanks, Zane. And Michael, thank you so much for the opportunity to host the Fireside Chat. Looking forward to our conversation today. There's always a lot to talk about with the firm, which is a good thing. And maybe we can dive right in with your recent announcement about the partnership with Apple Pay, we've definitely been getting a lot of unbound questions on the topic. So maybe we can start there but first just thanks again for the opportunity.

Michael Linford

No thank you for working with us here and thanks everybody for dialing-in. There is a lot to talk about and that's a really good thing. And that's the one thing that's pretty constant here at Affirm is how much we have going on. So the partnership with Apple Pay that was announced is really exciting for us. It is a furtherance of a lot of things that we've been talking about, really going back a year-and-a-half now, about ways in which we're finding other ways to distribute our product.

We talked in November about what we called winning at checkout, that we talked about both the direct merchant integrations and all the other ways the product would be distributed. And we highlighted some of our other wallet partnerships then, and today we're excited to add another wallet to that list. And it's not just another wallet. It's a pretty massive and important wallet in Apple. I think it's best here to think about three benefits here for Affirm. And I know you have a lot of questions in specific, some of which we can get to, some of which, you know, honestly it's too early to talk about. But the first benefit is it really will be a seamless merchant integration....

For further details see:

Affirm Holdings, Inc. (AFRM) CFO Fireside Chat (Transcript)
Stock Information

Company Name: Affirm Holdings Inc.
Stock Symbol: AFRM
Market: NASDAQ
Website: affirm.com

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