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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities    
Net income $ 4,750 $ 36,012
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property, equipment and internal-use software 16,432 13,701
Amortization of intangible assets 5,664 5,664
Provision for uncollectible overdrawn accounts from purchase transactions 7,623 1,188
Provision for loan losses 4,788 10,252
Stock-based compensation 8,625 9,182
Losses in equity method investments 2,656 4,068
Amortization of discount on available-for-sale investment securities (563) (556)
Impairment of long-lived assets 2,821 0
Other (808) (1,008)
Changes in operating assets and liabilities:    
Accounts receivable, net 13,193 16,015
Prepaid expenses and other assets 17,033 9,392
Deferred expenses 142 7,208
Accounts payable and other accrued liabilities 5,786 (10,415)
Deferred revenue (928) (9,945)
Income tax receivable/payable 2,198 9,880
Other, net (235) (106)
Net cash provided by operating activities 89,177 100,532
Investing activities    
Proceeds from maturities of available-for-sale securities 45,776 37,070
Proceeds from sales and calls of available-for-sale securities 95 55
Payments for property, equipment and internal-use software (14,495) (19,533)
Net changes in loans and advances (39,939) (15,069)
Investment in TailFin Labs, LLC (35,000) (35,000)
Proceeds from other investments 39,118 0
Other investing activities (81) (243)
Net cash used in investing activities (4,526) (32,720)
Financing activities    
Borrowings on revolving line of credit 64,000 83,000
Repayments on revolving line of credit (80,000) (118,000)
Proceeds from exercise of options and ESPP purchases 0 144
Taxes paid related to net share settlement of equity awards (1,400) (2,516)
Net changes in deposits 451,961 (104,412)
Net changes in settlement assets and obligations to customers (86,684) (19,864)
Net cash provided by (used in) financing activities 347,877 (161,648)
Net increase (decrease) in unrestricted cash, cash equivalents and restricted cash 432,528 (93,836)
Unrestricted cash, cash equivalents and restricted cash, beginning of period 686,502 819,845
Unrestricted cash, cash equivalents and restricted cash, end of period 1,119,030 726,009
Cash paid for interest 3,320 2,016
Cash paid for income taxes 202 509
Unrestricted cash and cash equivalents 1,118,804 722,003
Restricted cash 226 4,006
Total unrestricted cash, cash equivalents and restricted cash, end of period $ 1,119,030 $ 726,009