Affirm Firing on All Pistons: Levchin’s Update

Okay, here’s a ⁤self-check summarizing the key facts from the ⁤provided text about Affirm’s June quarter performance. This is a “hard stop” – I will only present facts directly stated in the text, without inference or outside knowledge.

Affirm – June Quarter Key Facts:

Gross Merchandise Volume ⁣(GMV): $10.4 billion (a 34% increase).
Revenue: $876 million (a 33% increase).
Affirm Card GMV: $1.2 billion (a 132% increase).
Affirm Card Active ⁤Cardholders: 2.3 million (a 97% increase).
In-Store spending (Affirm Card): increased 187% year-over-year.
Card 0% APR GMV: More than tripled,⁢ representing 14% of total Card GMV.
Active Consumers (excluding Returnly): 23 million⁤ (a 24% increase).
Active⁤ Merchant⁣ Count: 377,000 (a 24% increase).
Stock Performance: Shares increased 14% in after-hours⁤ trading.
Growth is ⁣accelerating: According to CEO Max Levchin, the company‍ set new records across most metrics.
Key Growth Sectors: General merchandise (45% volume growth), electronics, travel/ticketing,⁣ fashion/beauty, and services (39% growth, representing 3% of GMV).
Geographic Momentum: Strong momentum in both the⁤ U.S. and Canadian consumer markets.