Affirm CEO Says Consumer ‘Really Healthy’

Consumer Behavior & Market Trends - Affirm's consumer base remains healthy, actively shopping, paying bills, and energized by upcoming holidays [2] - The perception of the American consumer's demise is exaggerated, with different technology sectors presenting varying narratives [3] - Consumers are increasingly turning to Affirm, evidenced by strong demand for zero-day promotions [5] - It's inaccurate to generalize about the Affirm consumer due to diverse segments with varying financial priorities [6] - Consumers using 0% promotions prioritize saving money, while those favoring longer repayment terms prioritize cash flow [7] Business Strategy & Partnerships - Affirm's brand promise of transparency and control resonates with users, especially amidst external pressures [4] - Affirm's partnership model with companies like Amazon, Shopify, Apple, and Costco is effective [8] - Affirm is expanding into services, recognizing that consumers spend on services beyond just physical goods [9][10] - The company is focused on executing its current strategy and achieving growth, with a 42% growth rate [15] - While not actively pursuing M&A, the possibility is not ruled out, as the company is performing well [11] Product & Payment Strategy - Affirm aims to be available across various payment channels, both digital and physical [14] - The company is focused on executing its current strategy and achieving growth, with a 42% growth rate [15]