v3.26.1
ACCOUNTS RECEIVABLE, NET (Tables)
6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Schedule of Accounts Receivable, Net
Accounts receivable, net consisted of the following:
June 30, 2026December 31, 2025
Receivables due from bank partners(1)
$132,558 $116,217 
Network incentive receivable143,927 130,962 
Other receivables11,288 10,705 
Accounts receivable, net
$287,773 $257,884 
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(1)Receivables due from bank partners are net of bank partner and network costs. As of June 30, 2026 and December 31, 2025, $95.6 million and $23.3 million of gross receivables due from bank partners were pledged as collateral.
Loans held for investment, net consisted of the following:
June 30, 2026December 31, 2025
Loans held for investment
$167,590 $148,221 
Less: allowance for expected credit losses
(70,192)(76,640)
Total loans held for investment, net
$97,398 $71,581