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Segment and Geographical Information
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segment and Geographical Information Segment and Geographical Information
The Company's chief operating decision maker ("CODM") is its Chief Executive Officer. The CODM has determined that the Company operates in one single operating and reportable segment and manages segment performance and resource allocation based upon consolidated net income (loss). The CODM uses consolidated net income (loss) in deciding whether to reinvest profits into opportunities for the business, invest in business combinations or equity investments or return a portion of such profits to shareholders. The measure of segment assets is reported on the condensed consolidated balance sheets as total consolidated assets. Significant expenses reviewed by the CODM include those that are presented in the Condensed Consolidated Statements of Operations and Comprehensive Income.
The following table presents total external revenues by geographic location, based on the location of the Company’s merchants:
Three months ended September 30,Nine months ended September 30,
 2025202420252024
(in US $ millions, except percentages)
North America
United States1,783 63 %1,377 64 %4,986 63 %3,897 64 %
Canada138 5 %119 6 %390 5 %333 6 %
EMEA615 21 %418 19 %1,648 21 %1,153 19 %
APAC282 10 %223 10 %787 10 %615 10 %
Latin America26 1 %25 1 %73 1 %70 1 %
Total Revenue2,844 100 %2,162 100 %7,884 100 %6,068 100 %