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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Operating activities          
Net income $ 156,592 $ 97,263 $ 323,323 $ 168,379  
Adjustments to reconcile net income to net cash used in operating activities:          
Share-based compensation expense     148,877 127,012  
Depreciation and amortization     140,684 112,026  
Deferred debt issuance and discount expense     5,645 5,367  
Provision for credit losses 13,755 10,035 22,650 15,713  
Deferred income taxes     62,625 19,169  
Fair value changes in loans held for investment     (222) (218,830)  
Fair value changes in securitization investments     (692) (1,137)  
Other     4,342 1,775  
Changes in loans held for sale, net     (7,000,456) (2,443,713)  
Changes in accrued interest on loans     (59,847) (17,377)  
Changes in loans previously classified as held for sale, net     437,397 514,427  
Changes in servicing assets     13,860 (32,878)  
Changes in other assets     (376,000) 206,085  
Changes in other liabilities     72,376 98,576  
Net cash used in operating activities     (6,205,438) (1,445,406)  
Investing activities          
Purchases of property, equipment and software     (164,124) (116,069)  
Capitalized software development costs     (2,293) (4,171)  
Purchases of available-for-sale investments     (2,513,332) (853,559)  
Proceeds from sales of available-for-sale investments     605,815 204,777  
Proceeds from maturities and paydowns of available-for-sale investments     345,864 237,720  
Purchases of loans held for investment     (86,908) (896,774)  
Other changes in loans held for investment, net     (3,383,319) (1,721,175)  
Proceeds from securitization investments     56,450 28,817  
Proceeds from non-securitization investments     1,708 9,585  
Purchases of non-securitization investments     (20,159) (51,842)  
Acquisition of businesses, net of cash acquired     (64,898) 0  
Net cash used in investing activities     (5,225,196) (3,162,691)  
Financing activities          
Net change in deposits     8,002,948 3,766,414  
Net change in stablecoin liability outstanding     52,484 0  
Proceeds from issuance of common stock     87,387 0  
Payment of common stock issuance costs     (115) 0  
Net change in debt facilities     1,488,307 868,016  
Repayment of other debt     (6,257) (22,162)  
Payment of debt issuance costs     (1,175) (394)  
Taxes paid related to net share settlement of share-based awards     (9,976) (9,891)  
Proceeds from stock option exercises     2,597 795  
Proceeds from issuance of common stock under the ESPP     24,332 11,764  
Finance lease principal payments     (406) (370)  
Net cash provided by financing activities     9,640,126 4,614,172  
Effect of exchange rates on cash and cash equivalents     (706) (832)  
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents     (1,791,214) 5,243  
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period     5,356,773 2,709,360 $ 2,709,360
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 3,565,559 2,714,603 3,565,559 2,714,603 5,356,773
Reconciliation to amounts on condensed consolidated balance sheets (as of period end)          
Cash and cash equivalents 3,126,237 2,122,502 3,126,237 2,122,502 4,929,452
Restricted cash and restricted cash equivalents 439,322 592,101 439,322 592,101 427,321
Total cash, cash equivalents, restricted cash and restricted cash equivalents $ 3,565,559 $ 2,714,603 3,565,559 2,714,603 $ 5,356,773
Supplemental non-cash investing and financing activities          
Deposits credited but not yet received in cash     783,817 266,370  
Share-based compensation capitalized related to internally-developed software     $ 33,268 $ 25,429