Affirm Holdings Inc (NAS:AFRM)
$ 32.3902 -1.0498 (-3.14%) Market Cap: 10.01 Bil Enterprise Value: 14.70 Bil PE Ratio: 0 PB Ratio: 3.81 GF Score: 56/100

Affirm Holdings Inc at Citi FinTech Conference (Virtual) Transcript

Nov 17, 2021 / 06:30PM GMT
Release Date Price: $151.72 (+0.28%)
Peter Corwin Christiansen
Citigroup Inc., Research Division - VP and Analyst

Hello. This is Pete Christiansen from Citi's U.S. payments, processors and IT services team based out of New York.

Today, we're glad to be welcoming Michael Linford, CFO of Affirm. Michael, welcome to Citi FinTech 11. Great to have you here.

Michael A. Linford
Affirm Holdings, Inc. - CFO

Thank you for having me.

Questions & Answers

Peter Corwin Christiansen
Citigroup Inc., Research Division - VP and Analyst

Well, why don't we start off with a big-picture kind of question? The rise of buy now, pay later has clearly demonstrated that there's a segment of the consumer population that's been underserved, and the category is clearly going mainstream. At the same time, buy now, pay later competitors in the U.S. have continued to expand rapidly. How do you think about Affirm differentiating at both the consumer and merchant level? And why do you think it's, per se, not easy to copy Affirm's approach? Is it simply a case of a

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