A couple of publicly traded fintechs posted strong results last week. Robinhood beat its second-quarter earnings expectations, posting 40% higher revenue of $682 million. Citizens JMP director of financial technology research Devin Ryan told Yahoo Finance that Robinhood had an "outstanding quarter" that also saw "great profitability" and new net deposits surge by 40%. Meanwhile, neobank Dave CEO Jason Wilk told TechCrunch that his company has 2.3 million paying members, 31% higher revenue of $80.1 million with $15.2 million of EBITDA. He also shared that CAC (customer acquisition cost) is down 26% year-over-year to $15. When public fintechs are notching such strong numbers, that can bode well for their private counterparts.