Revenue Guidance Exceeded
The company beat its previously issued revenue guidance by 10% for Q3 2025 and reaffirmed guidance for Q4 2025 and full-year 2026.
Strong Fintech Growth
Fintech revenue increased 28% quarter-over-quarter, with payments revenue increasing 50% and credit revenue increasing 22% quarter-over-quarter.
Reduction in Net Loss and Operating Expenses
Net loss decreased by 33%, and operating expenses decreased by 13% compared to the prior year period.
New Product Launches and Future Plans
Plans to expand fintech platform with new services such as private label credit cards, crypto payment capabilities, and digital asset treasury management solutions.
Positive Cash Flow Management
Net cash used for operating activities decreased by $9.7 million during the first 3 quarters of 2025 as compared to the same period of the prior year.