Revenue (Tables)

9 Months Ended

Sep. 30, 2023

Revenue from Contract with Customer [Abstract]

The table below presents revenue from contracts with customers disaggregated by type of service, which best depicts how the revenue and cash flows are affected by economic factors, and by the reportable segment to which each revenue stream relates, as well as a reconciliation of total revenue from contracts with customers to total noninterest income. Revenue from contracts with customers is presented within noninterest income—technology products and solutions and noninterest income—other in the condensed consolidated statements of operations and comprehensive loss. There were no revenues from contracts with customers attributable to our Lending segment for the periods presented.


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Financial Services
Referrals	$	9,983	$	10,210	$	27,832	$	26,783
Interchange	6,029		4,225		21,961		11,518
Brokerage	6,084		3,854		16,187		12,740
Other(1)	1,395		1,562		2,230		1,990
Total financial services	23,491		19,851		68,210		53,031
Technology Platform(2)
Technology services	81,419		81,474		233,876		221,742
Other(1)	34		679		3,033		2,674
Total technology platform	81,453		82,153		236,909		224,416
Total revenue from contracts with customers	104,944		102,004		305,119		277,447
Other Sources of Revenue
Loan origination and sales	81,683		163,697		311,258		465,815
Securitizations	(6,298)		(8,772)		(22,375)		(31,790)
Servicing	8,009		7,296		29,803		30,003
Other	3,908		1,910		11,481		(131)
Total other sources of revenue	87,302		164,131		330,167		463,897
Total noninterest income	$	192,246	$	266,135	$	635,286	$	741,344

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(1) Financial Services includes revenues from enterprise services and equity capital markets services. Technology Platform includes revenues from software licenses and associated services, and payment network fees for serving as a transaction card program manager for enterprise customers that are the program marketers for separate card programs.

(2) Related to these technology products and solutions arrangements, we had deferred revenues of $5,418 and $10,028 as of September 30, 2023 and December 31, 2022, respectively, which are presented within accounts payable, accruals and other liabilities in the condensed consolidated balance sheets. We recognized revenue of $1,778 and $3,925 during the three months ended September 30, 2023 and 2022, respectively, and $6,562 and $6,699 during the nine months ended September 30, 2023 and 2022, respectively, associated with deferred revenues within noninterest income—technology products and solutions in the condensed consolidated statements of operations and comprehensive loss.