Fintech Stacks

Nubank passed 142 million customers, Figure posted a 58% EBITDA margin, and Paysafe cut its full-year revenue guide. We break down what each company is paying for its growth, from Nu’s rising NPLs to Figure’s shrinking take rate and Paysafe’s 11% drop in revenue per user. If you want the numbers behind Thursday’s earnings without the fluff, this one’s for you.

Wise just started paying US customers to park their dollars, Western Union tried to walk away from a $500 million deal on the contract’s last day, and 21 institutions are building a stablecoin the banks own. We break down who actually wins from each move and how the stablecoin story ties it all together.

eToro’s profit fell 74% while its accounts grew 18%, Coinbase finally got its federal trust charter, and Morgan Stanley is buying the pipes behind IPO share transfers. We break down what each move means for crypto cycles, bank regulation and Wall Street’s appetite for owning the infrastructure. Quick, numbers-first, and no fluff.

Schwab just put Solana, Avalanche and Chainlink on its crypto menu, Zeta grew revenue 46% while the AI trade wobbled, and H&R Block posted an off-season loss while quietly retiring 2.2 million shares. We break down the numbers behind each one and why they matter for fintech watchers. Quick, funny, and no hand-holding.

Affirm grew volume 34% and the market still flinched, BILL’s revenue looked like a miss until you read the accounting change, and Shift4 cut guidance again while announcing a new acquisition. We break down what’s actually in the footnotes of all three, from Affirm’s 2.9% delinquency line to BILL’s falling customer count to Shift4’s travel and restaurant drag. If you only read the headlines on earnings night, this one’s for you.

Three earnings reports landed after the close Monday and they all rhyme. Ibotta is growing by living inside Uber Eats and Instacart, Grab’s lending arm just posted its first profit, and Palantir’s U.S. commercial business passed its government business for the first time. We break down the numbers, the bank and fintech angles, and what Amex’s cash-back-into-savings move says about the fight over your deposits.

Binance just lost $6.36 billion in about 20 minutes, and the FBI says North Korea is behind it. We break down how a $1 billion safety fund absorbed a record heist, why Kalshi raised $1B at a $40B valuation days after Utah filed 14 criminal counts, and how Coinbase posted a profit while its operating income fell about 87%. Press play for the numbers behind the noise.

The Fed hit pause Wednesday, but Happen is already planning for a December hike inside its guidance. We break down its record quarter, why Gen Digital keeps raising the bar, and how Q2 Holdings stacked up seven big banking contracts. Plenty of numbers, a few jokes, and a clear read on what it means for fintech.

SoFi just handed investors a 2027 forecast, Robinhood posted record revenue and still missed on EPS, and PayPal raised guidance with only 2% revenue growth. We break down what’s real, what’s accounting, and why prediction markets now out-earn crypto at Robinhood. Quick, funny, and full of numbers.

Brazil voted, Nubank’s stock got overturned on review, and Anthropic dropped the S-1 that puts real numbers on a possible mega-IPO. We also dig into Revolut’s plan to sell private-company stakes inside its app and ask who actually gets through the velvet rope. Quick, data-heavy, and no hand-holding.