v3.26.1
CUSTOMER FUNDS (Tables)
6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Assets Underlying Customer Funds
The following table presents the assets underlying customer funds (in thousands):
  June 30, 2026December 31, 2025
Cash$4,343,210 $3,663,727 
Cash equivalents:
Reverse repurchase agreement (i)
1,187,068 1,108,097 
Total customer funds$5,530,278 $4,771,824 

(i) The Company has accounted for the reverse repurchase agreement with a third party as an overnight lending arrangement, collateralized by the securities subject to the repurchase agreement. The Company classifies the amounts due from the counterparty as cash equivalents due to their short term nature.