Mercuryo, the cryptocurrency payments firm, has revealed that it has hit 3 million users globally.
The key milestone represents an acceleration in growth for the London-based business, having reached 2 million clients only four months back (in January of this year).
Mercuryo is an international payments platform, offering businesses from fiat and crypto ecosystems with an extensive range of financial services, accessible via single API integration.
Since its launch back in 2018, Mercuryo has reportedly secured more than 200 partners, working with various industry players like Binance, Trust Wallet and 1inch, in order to support business growth and increase revenues for enterprises across the globe.
As noted in the update, 2021 was a pivotal year for Mercuryo as it expanded operations into Asian and US markets.
The firm also added Apple and Google Pay support to its offer, and introduced IBANs in order to assist firms and individuals with opening full-fledged banking accounts – combining fiat and crypto services via a single app. In June of last year, the firm acquired €12.5 million in capital via its Series A round, which was led by Target Global.
So far this year, the firm has experienced steady growth, with a 39% surge in revenue in the first four months of the year compared to the same financial period last year. The firm is scaling quite fast and intends to expand their product offering in the next few months.
Petr Kozyakov, CEO of Mercuryo, stated:
“Reaching 3 million users worldwide is a major milestone for us. Reaching it so quickly is welcome proof that our mission, to reinvent the payments landscape and bridge the gap between traditional fiat and cryptocurrency assets, is gaining even more momentum. The opportunities for linking crypto and fiat currencies are abundant. From crypto projects that require fiat solutions (like fiat on and off ramps and IBANs), through to crypto for traditional fiat systems, and solutions for fintech companies that enable clients to buy or sell crypto within their own infrastructure.”
Kozyakov added:
“Our belief is that crypto is a game-changer for cross-border payments and settlements between parties. ‘Business payments made easy’ is the future we are working towards. Our mission is to give every business the chance to become global. We are delighted to have reached this significant moment in that journey.”