Creditas aims to reach breakeven in 2023. It has reduced losses for five straight quarters and is repricing the portfolio with higher rates.
Nubank's shares ticked 4% higher on market opening following a surge in profits during the fourth quarter of 2022.
Along with the challenging economic climate, Robinhood had issues of its own that affected their 2022 earnings.
Affirm's earnings call came with an announcement of layoffs, in an effort to streamline in accordance with low revenue growth.
As may have been expected, Coinbase's earnings report was a shadow of 2021's but the company's Q1 focus is now on "things they can control".
Upstart's Q4 earnings showed a downward trend of losses, CEO, Girouard, remains positive despite cost cutting measures.
PayPal's upbeat earnings call came with the announcement of Schulman's departure and prudent guidance for 2023.
LendingClub saw revenue and earnings at the high end of their guidance range but, due to ongoing uncertainty remain reserved with next steps.