Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2023

Revenue Recognition [Abstract]

Summary of Revenue Disaggregated by Geographical Area

The following table presents revenue disaggregated by geographical area and major solutions. The categorization of revenue by geographical location is determined based on location of where the client resides.


		Year Ended December 31,
		2023				2022				2021
(in thousands)
Primary geographical markets
Americas		$	222,580			$	194,429			$	159,621
EMEA			120,840				69,185				34,072
APAC			59,674				25,761				7,456
Total revenue		$	403,094			$	289,375			$	201,149
Major solutions
Transactions		$	329,721			$	224,149			$	147,994
Platform and usage-based fees			73,373				65,226				53,155
Total revenue		$	403,094			$	289,375			$	201,149

Summary of Contract with Customer, Contract Asset, Contract Liability, and Receivable

The following table provides information about accounts receivable, unbilled receivables and deferred revenue from contracts with clients (in thousands):


		Year Ended December 31,
		2023				2022
Accounts receivable, net		$	18,215			$	13,697
Unbilled receivables			10,689				5,268
Deferred revenue – current			6,968				5,223
Deferred revenue – non-current			169				131

For the year ended December 31, 2023, the Company recognized $4.8 million in revenue from amounts that were included in deferred revenue as of December 31, 2022.