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- Block’s Third Quarter Puts Spotlight on FinTech Realities, Not Crypto DreamsAs the lines between financial services, consumer banking and commerce blur, sitting at the intersection of technology and money movement starts to look attractive. At the enterprise level, at least. For Block, owner of Square and Cash App, the platform’s third quarter 2025 earnings highlighted some of the speed bumps being faced by Main Street businesses […] […]
- Levchin Touts ‘Network Effects’ as Affirm Card Volumes Surge 135%Affirm opened fiscal 2026 with a first quarter marked by record volumes, profitable growth and an extended partnership with Amazon, which has now been given an additional five years (to January 2031). Gross merchandise volume rose 42% to $10.8 billion, revenue increased 34% to $933 million, per company materials released after the bell on […] […]
- Expedia Posts Record Quarter Fueled by AI and B2B GrowthExpedia Group said its third-quarter results topped expectations as artificial intelligence (AI), automation, and partner connectivity helped the company capture growing global demand for travel. The results marked the strongest momentum in more than three years and prompted management to raise full-year guidance. CEO Ariane Gorin told analysts the company’s technology systems now operate as a “connected […]
- Bilt and Rakuten Integrate Rewards ProgramsBilt, a loyalty program for renters, and Rakuten, a shopping platform, have integrated their rewards programs. This collaboration allows Bilt members to redeem Rakuten Cash Back for Bilt Points, the companies said in a Thursday (Nov. 6) press release. Bilt members can earn Rakuten Cash Back while shopping Rakuten offers within the Bilt app […] […]
- Priority Sees Pullback in Consumer Spending for Restaurants and ConstructionPriority Technology Holdings saw slower growth in its Merchant Solutions segment in the third quarter as macroeconomic factors impacted restaurants, construction and wholesale trade, executives said Thursday (Nov. 6) during an earnings call. The company saw the revenue growth in its Merchant Solutions segment slow to 2% year over year during the quarter, according […] […]
- Shopify Capital: Repeat Originations Performance Quarter over QuarterShopify Capital originated ~$1B in business loans and merchant cash advances in Q3, the same as the previous quarter. The total for the first nine months of 2025 now sits at ~$2.8B, which means they will surpass 2024’s total of $3B. deBanked has been tracking originations of more than a dozen of the largest online […]
- PayPal: Business Loan and Working Capital Originations of $600M in Q3PayPal originated approximately $600M in business loans and working capital loans in the third quarter. A financial institution makes the loans to their clients and PayPal purchases the receivables and services the portfolio. Under this basis the company has purchased $1.6B worth of receivables for the first nine months of 2025. “The allowance for credit […]
- deBanked CONNECT MIAMI – Feb 12, 2026deBanked CONNECT MIAMI returns to the Fontainebleau on February 12, 2026. After last year’s massive turnout, it is anticipated to be deBanked’s largest event of 2026. To sponsor, contact: [email protected] For early bird tickets with a huge discount, register now at: https://www.debankedmiami.com
- Enova: $1.4B in Small Business Loans in Q3 2025Enova continued to set a new internal quarterly record for small business loan originations with $1.4 billion in Q3. “Since our acquisition of OnDeck five years ago, we’ve not only maintained our strong profit margins, we’ve done so while cutting our consolidated net charge-off rate in half,” said Enova CFO Steven Cunningham during the recent […]
- OppFi: ‘Bitty is a Great Partner’Bitty generated $1.4 million in equity income for OppFi in Q3. OppFi, publicly traded, owns a 35% stake in Bitty. “Bitty is a great partner that we have enjoyed working with and learning from in the SMB space,” said OppFi CEO Todd Schwartz during the company’s Q3 earnings call. “The company shares OppFi’s business principles […]