Affirm Holdings, Inc. announced that Katherine Adkins will be assuming the role of Chief Legal Officer, effective June 30, 2021. The appointment follows the decision by Sharda Caro del Castillo, Affirm’s Chief Legal Officer, to step down from her role at Affirm. Ms. Adkins most recently served as a senior member of Affirm’s legal team. As CLO of Affirm, she will be responsible for the oversight of all legal matters and will assist the Board and management as company continue to grow Affirm for the long term. Additionally, Affirm announced that Libor Michalek, Affirm’s President, Technology, has been appointed to the Company's Board of Directors effective immediately. Mr. Michalek brings deep software, systems, security, machine learning, and engineering experience to the Board. He is one of the most highly regarded technologists in the fintech industry and has played a critical role in the development of the proprietary technology platform that is core to Affirm’s business model. His appointment reflects Affirm’s commitment to ongoing innovation and to building best-in-class technology that delivers honest financial products to consumers and merchants at scale.
Affirm Holdings, Inc. provides a platform for digital and mobile-first commerce. The Company's platform comprises three core elements: point-of-sale payment solutions for consumers, merchant commerce solutions, and a consumer-focused app. Its point-of-sale solutions allow consumers to pay for purchases in fixed amounts without deferred interest, late fees, or penalties. It offers commerce enablement, demand generation, and customer acquisition tools. Consumers can use the app to apply for installment loans, and upon approval, they can use the Affirm Card digitally online or in-stores to complete a purchase. The Companyâs platform provides consumer and merchant features. Its consumer features include checkout, consumer borrowing, virtual card, affirm app and marketplace and Affirm debit+ card. Its merchant features include affirm at Checkout, merchant dashboard, analytics, client success support, affirm app, and returns management, among others.