Footer settings are located in Appearance → Customize → Footer Settings.
Footer Text
You may customize the Footer Text by inputting your text in the corresponding field. The fields accepts basic HTML tags. In order to insert a link inside the footer text, use this code:
<a href="https://example.com/">Example</a>
Social Links
Make sure you have installed and activated Powerkit. Otherwise, this option will not appear.
You may enable social links in the footer by activating the Display social links checkbox.