RT Flutterwave (@theflutterwave)2 weeks ago, we announced our partnership with @0xPolygon, marking an exciting step toward strengthening Africa’s digital payment infrastructure.Tomorrow at 5PM (WAT), our Founder and CEO will be in conversation with @sandeepnailwal, Founder Polygon & CEO Polygon Foundation, hosted by @fatuogwuche of @bigtechthisweek to discuss “Powering Africa’s Next Payment Frontier.”They will explore how technology and collaboration are shaping the next phase of Africa’s payment evolution ...

Core Insights - Green Dot has lifted its full-year profit guidance and is positioned for sustainable growth into 2026, driven by strong performance in its B2B and embedded finance operations [1][2][4] Financial Performance - The company reported a 21% year-over-year revenue growth in the third quarter, reaching $492 million, primarily driven by the B2B segment, which saw revenue increase by over 30% [7][9] - Adjusted EBITDA fell by 17%, but the decline was less than anticipated due to high-margin revenue and disciplined expense management [8] - Full-year revenue guidance is maintained at $2 billion to $2.1 billion, with adjusted EBITDA guidance raised to $165 million to $175 million [9] Business Segments - The B2B and embedded finance business is a key growth driver, with active accounts and purchase volume on the ARC embedded finance platform continuing to rise [7][11] - The money movement segment experienced a decline in revenue due to softened transaction volume, although average revenue per transaction increased [10] Partnerships and Initiatives - Partnerships with Stripe, Workday, and Crypto.com have strengthened Green Dot's embedded finance and money-movement capabilities [1][5] - The integration with Stripe allows small business customers to make cash deposits at over 50,000 locations, opening up new revenue streams [6] - The company's Project 30 initiative aims to cut partner implementation time to 30 days, showcasing operational discipline [4]

Core Insights - Pagaya Technologies Ltd. (NASDAQ: PGY) is recognized for its AI infrastructure in the financial sector, with a focus on prudent underwriting and consistent execution [1] Financial Performance - On November 10, 2025, PGY reported an earnings per share (EPS) of $0.23, which fell short of the expected $0.65 [2][4] - The company's revenue for the quarter was $350.16 million, surpassing the forecast of $338.86 million and closely matching the previous quarter's revenue of $350.17 million [2][4] - PGY has consistently exceeded revenue estimates in the last four quarters and outperformed consensus EPS estimates in two of the past four quarters [4] Financial Ratios - The price-to-sales ratio is approximately 1.92, indicating that investors are paying $1.92 for every dollar of sales [3] - The debt-to-equity ratio stands at 2.08, suggesting that the company has more than twice as much debt as equity [3] - PGY maintains a current ratio of about 1.42, reflecting a reasonable level of liquidity to cover short-term liabilities [3][4]

Partnership & Integration - Flutterwave partners with Polygon to enhance payment solutions in Africa [1] - The integration aims to make payments faster, cheaper, and borderless [1] Key Benefits - Stablecoins on Flutterwave enable real-time settlement for enterprises [1] - Stablecoins on Flutterwave facilitate instant global payments [1] Vision - Flutterwave's vision is to connect Africa to the world and vice versa [1]

Core Insights - Luminar Media Group reported record financial results for the first nine months of 2025, driven by growth in its revenue-based financing platform and disciplined expense management [1][6]. Financial Performance - Revenue increased from $3,556,693 in the first half of 2025 to $5,732,154 for the first nine months, representing a growth of 61.2% [3]. - Operating income grew from $1,763,697 to $2,942,413, marking a 66.8% increase [4]. - Net income before taxes rose from $1,702,041 to $2,824,286, an increase of 65.9% [4]. - Basic EPS increased from $0.0166 to $0.0336, reflecting a 102.4% increase [5]. Growth Projections - Management anticipates exceeding $7.5-$8.0 million in total revenue and $3.8-$4.0 million in pre-tax income for full-year 2025, indicating record annual profitability [6]. - An annualized gross revenue run rate of approximately $12 million is estimated based on recent performance [7]. Operational Efficiency - The third quarter contributed approximately $2.18 million in additional revenue and $1.12 million in additional pre-tax net income [8]. - Net income before taxes represented nearly 49% of total revenue, highlighting strong portfolio performance [8]. - Operating margin improved from approximately 49.6% to 51.3% for the first nine months, reflecting tighter cost control [10]. - Operating expenses rose only approximately 55.6% while revenue grew by 61.2%, showcasing strong cost discipline [11]. Management Commentary - Management emphasized the disciplined scaling of Fortun's revenue-based financing platform, highlighting rapid revenue growth and margin expansion without a corresponding surge in expenses [12].

Core Insights - LendingTree hosted its annual Lender Summit to evaluate the market and regulatory outlook for 2026, focusing on how to assist consumers in achieving their financial goals [1] - The 2025 LendingTree Innovation Challenge showcased nine fintech companies, with Newzip winning for the second consecutive year, highlighting advancements in technology for the lending and homebuying experience [2][4] Company Developments - Newzip's platform aims to enhance the conversion of pre-approved borrowers into homebuyers by integrating real estate agents and borrower engagement tools, introducing Newzip Direct to facilitate communication between lenders and agents [3] - The Innovation Challenge serves as a platform for fintech startups to receive direct feedback from top lenders, which is crucial for product development and alignment with market needs [4][5] Industry Trends - The pace of fintech innovation is accelerating, particularly in the AI era, with lenders increasingly seeking services that streamline the homebuying process for consumers [5] - LendingTree is committed to fostering innovation that improves transparency and efficiency in the mortgage ecosystem, emphasizing the importance of emerging technologies in reshaping the lending experience [5]

Financial Performance - Network Volume reached $2.802 billion in 3Q'25, a 19% increase compared to $2.351 billion in 3Q'24[12] - Total revenue & other income increased by 36% from $257 million in 3Q'24 to $350 million in 3Q'25[12] - Fee revenue less production costs (FRLPC) grew by 39% from $100 million in 3Q'24 to $139 million in 3Q'25[12] - Adjusted EBITDA increased by 91% from $56 million in 3Q'24 to $107 million in 3Q'25[12] - The company achieved a Net Income of $23 million in 3Q'25, a significant improvement of $90 million compared to a loss of $67 million in 3Q'24[12, 14] Operating Metrics - The company's ABS issuance reached $7.4 billion TTM (Trailing Twelve Months) in 3Q'25[34] - Applications evaluated in 3Q'25 totaled $266 billion, representing a 12% quarter-over-quarter increase[35] - The conversion rate of applications to issued loans was approximately 1% in 3Q'25[35] FRLPC Evolution - FRLPC % (Fee revenue less production costs as a % of network volume) reached 5% in 3Q'25[56], with a target of 4%-5% for 2025[17] - AI integration contributed $309 million to fee revenue in 3Q'25[22]

Core Insights - Atlanticus Holdings Corporation reported significant growth in managed receivables and consumer accounts, serving over 5.7 million consumers and managing $6.6 billion in receivables following a transformational acquisition of Mercury Financial [1][3][7]. Financial and Operating Highlights - Managed receivables increased by 148.7% to $6.6 billion, including $3.2 billion from the Mercury acquisition [7][9]. - Total operating revenue rose by 41.1% to $495.3 million compared to the same quarter in 2024 [7][13]. - Net income attributable to common shareholders decreased by 2.4% to $22.7 million, or $1.21 per diluted share [7][23]. Acquisition Impact - The acquisition of Mercury Financial for approximately $166.5 million added 1.3 million new accounts and significantly enhanced the company's scale and technology [3][7]. - The integration of Mercury is progressing ahead of schedule, focusing on expense reduction and efficiency maximization [4][6]. Growth Metrics - The company achieved record account origination volumes, adding over 730,000 new accounts during the quarter, excluding those from the Mercury acquisition [5][7]. - Adjusted return on average equity reached 19.5%, reflecting strong profitability targets [5][23]. Revenue Breakdown - Total operating revenue and other income consists of interest income, finance charges, late fees, and other fees related to credit products [11][13]. - The increase in revenue was driven by growth in new credit card and private label customers, with over 400,000 new accounts added in the quarter [13][12]. Expense Analysis - Total operating expenses increased by 71.8% due to higher marketing costs, variable servicing costs, and costs associated with the Mercury acquisition [19][21]. - Interest expense rose to $75.5 million, primarily due to increased outstanding debt and borrowing costs [14][15]. Future Outlook - The company anticipates continued growth in managed receivables and expects to see improvements in the fair value of acquired receivables as product and policy changes are implemented [17][18]. - Marketing costs are expected to increase in 2025 and 2026, reflecting the company's strategy to enhance customer acquisition efforts [22][21].

Core Points - A securities fraud class action lawsuit has been filed against Fiserv, Inc. for alleged violations of the Securities Exchange Act of 1934 [2] - The lawsuit claims that Fiserv and certain senior officers made misrepresentations regarding the Company's initiatives and projects [2] - Investors who purchased Fiserv securities between July 23, 2025, and October 29, 2025, are eligible to participate in the class action [2] Legal Proceedings - The deadline to file as a lead plaintiff in the class action is January 5, 2026 [3] - A lead plaintiff acts on behalf of other class members in directing the litigation, but participation in any recovery does not require serving as lead plaintiff [3] - All legal representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [3] Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented large public and private pension funds [4] - The firm has been recognized multiple times in The National Law Journal's "Plaintiffs' Hot List" and has been listed in The Legal 500 for sixteen consecutive years [4]

Core Insights - Pelican Bay Capital Management (PBCM) reported a 7.8% return for its Concentrated Value Strategy in Q3 2025, outperforming the Russell 1000 Value Index which returned 5.3% during the same period [1] - Year-to-date, PBCM's fund returned 11.2%, slightly below the index's 11.6% return [1] Company Overview - Fidelity National Information Services Inc. (NYSE:FIS) is highlighted as a key stock in PBCM's portfolio, recognized for its role as a leading provider of financial technology solutions [2] - As of November 7, 2025, FIS shares closed at $64.78, with a market capitalization of $33.55 billion [2] Performance Analysis - FIS was identified as the largest detractor in PBCM's performance for the quarter, with shares declining due to a poorly received earnings report and a conservative outlook [3] - Despite the decline, PBCM believes FIS is significantly undervalued and has increased its position following the drop in share price [3] Hedge Fund Interest - FIS was held by 49 hedge fund portfolios at the end of Q2 2025, a decrease from 56 in the previous quarter, indicating a decline in popularity among hedge funds [4] - While FIS shows potential as an investment, the analysis suggests that certain AI stocks may offer greater upside potential with less downside risk [4]