Business 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.
Financial PerformanceCDLX reported 3Q results that came in above expectations across the board as several large upsell deals came through in the quarter and helped numbers beat Street forecasts.
Pricing Model TransitionThe transition to engagement-based pricing is well underway, with 51% adoption among all US logos, expected to improve delivery.