Affirm Holdings Inc Q1 2022 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Andrew Thomas Bauch - SMBC Nikko Securities America, Inc., Research Division - Analyst : Active customer growth continues to trend pretty strongly quarter-over-quarter. So maybe I was just wondering has anything evolved in your strategy? Is still kind of word of mouth? Or are you guys being a little bit more aggressive on the customer acquisition front?

Question: Andrew Thomas Bauch - SMBC Nikko Securities America, Inc., Research Division - Analyst : And then I just want to touch upon Debit+. I was one of the lucky ones to be like part of the beta program. And I noticed that, that program is upwards of 0.5 million people now. So I thought that number was ultimately going to be a little bit less before the end of the year. So should we take that as an indication of stronger demand for Debit+ than what you had originally anticipated? Or is there some other variable that we should be considering?

Question: Andrew Thomas Bauch - SMBC Nikko Securities America, Inc., Research Division - Analyst : Yes. Absolutely.

Question: Andrew Thomas Bauch - SMBC Nikko Securities America, Inc., Research Division - Analyst : Yes. The experience is pretty seamless. The feature to Pay Back in 4 is pretty intuitive. And I feel like the overall smoothness of the app and moving from page to page is pretty easy.