Client AdoptionOver 50% of U.S. clients now use engagement-based pricing, and engagement-based billings expanded sequentially to 38% of the total in Q3.
Financial Performance3Q Revenue and Adjusted Contribution both exceeded the high end of guidance, with EBITDA also above.
Strategic PartnershipsCDLX has built a strong moat around its core business by securing partnerships with 4 of the 5 largest U.S. card issuers, which represent over ~60% of U.S. card transaction volumes.