Tagged: milestone

Paytrail, Mastercard Reach Monthly Open Banking Milestone

Paytrail and Mastercard’s (NYSE: MA) partnership via Aiia, an Open Banking platform, is now supporting over 1 million open banking payments every month. Paytrail and Aiia have reportedly been working together since 2019, as they focus on supporting Open Banking enabled payments via digital commerce… Read More

UK Fintech Transact365 Reports 300% YoY Growth

Transact365, a UK-headquartered payments platform supporting merchants across the world, has recorded 300% YoY growth during its third year of European business operations. Established in 2017, Transact365 provides an international payments solution platform for merchants in major industries. With head offices in London, Transact365 currently… Read More

Digital Asset Wallet Provider Liminal Crosses $3B Transaction Threshold

Liminal, a wallet operations infrastructure that secures digital assets, has reportedly surpassed $3 billion in transactions via its platform. Established in 2021, this milestone comes “as a reflection of the company’s capacity to scale in a relatively short amount of time,” according to an update… Read More

Digital Banking: UK’s Starling Bank Passes 3 Million Account Milestone

Starling Bank has passed the three million current account milestone, which “includes more than 460,000 small business accounts,” according to an update shared with CI. This key milestone comes five years after the digital bank launched its Personal Current Accounts in May 2017, while its… Read More

Digital Banking: Minna Bank’s Service Attracts Over 400,000 Accts in First Year of Operation

Minna Bank, Ltd., Japan’s “first” digital bank, has recorded more than 1 million downloads of its mobile banking app and over 400,000 accounts have been “opened in its first year of commercial operations since May 28, 2021.” With the first “full” Cloud core banking system,… Read More

Open Finance: MX Partner Network Doubles Number of Fintech Partners in Past Year

MX, which claims to be a leader in Open Finance, recently announced the MX Partner Network has “doubled the number of its fintech partners in the past year alone.” MX partners with the “best” organizations across the financial services ecosystem “to bring industry-leading solutions and… Read More

Digital Lending Software Firm Blend Continues to Help Clients Deploy Digital Innovations, Celebrates 10 Years Since Launch

It’s been over ten years now since digital lending software provider Blend (NYSE:BLND) launched its business. Blend noted that it is almost hard to believe that “at that time the mortgage process was largely manual, time-consuming, and paper-based.” Blend also mentioned that they believed that… Read More

SocietyOne Introduces Transaction, Savings Accts Powered by Westpac

In its “first” major corporate milestone following its acquisition by MONEYME Ltd (ASX:MME), digital finance platform SocietyOne has launched transaction and savings accounts “powered by Westpac’s Banking-as-a-Service (BaaS).” SocietyOne is Westpac’s second partner “to launch products through its BaaS platform with two new additions to… Read More

GCash, a Philippines based Mobile Wallet from Fintech Mynt, Now Claims 60 Million+ Registered Users

GCash, a Philippines based mobile wallet that’s operated by Mynt under Globe’s corporate venture builder 917Ventures, recently revealed that it now has more than 60 million registered users and over 5 million merchants across the country. As noted in the update, GCash stated that that… Read More

Sygnum Bank Celebrates Anniversary, Reflects on Journey to Become First Digital Asset Bank

On Friday (August 27, 2021), the team at Sygnum banking platform celebrated their anniversary as a “regulated Swiss bank.” As mentioned in an update from Sygnum Bank: “Two years since we received our banking and securities dealer license, we now have significantly more than CHF… Read More

Milestone: Cryptocurrency Mining Company Argo Blockchain Exceeds 1,000 Bitcoin Holding

    Argo Blockchain, a UK-based cryptocurrency miner, announced on Thursday it has exceed 1,000 Bitcoin holdings since its launch. The company also revealed that during May 2021, It mined 166 Bitcoin or Bitcoin Equivalent (together, BTC) compared to 163 BTC in April 2021. This… Read More

Milestone: Fireblocks Surpasses $600 Billion in Digital Assets Transferred

Fireblocks, an enterprise-grade platform providing the infrastructure for moving, storing, and issuing digital assets, recently announced it has secured the storage and transfer of $637 billion in digital assets since launching in 2019. As previously reported, Fireblocks claims it streamlines operations by bringing all your… Read More

Milestone: PayBito Surpasses $2 Billion in Daily Trading Volume; Seeks $5 Billion By the End of 2021

      U.S.-based cryptocurrency exchange PayBito announced on Thursday it has crossed $2 billion in its daily trading volume and is seeking to achieve $5 billion by the end of 2021. The latest milestone comes just a few months after PayBito announced it was experiencing record… Read More

Milestone: Addepar Exceeds $2.5 Trillion in Assets Through Wealth Management Platform

    Addepar, a U.S.-based wealth management platform, announced on Thursday the assets on its platform have increased to more than $2.5 trillion, adding more than $15 billion in assets a week on average since mid-last year. The company further revealed that it had its strongest… Read More

Milestone: Digital Payments Platform Wirex Now Has 3.5 Million Customers; Celebrates By Offering Double Cryptoback Rewards for April

Digital payments platform Wirex announced on Tuesday it now has 3.5 million customers.  To celebrate this new milestone, the platform is now offering double Cryptoback Rewards for the month of April.  As previously reported, Wirex is a UK FCA-licenced global digital payment platform that has… Read More

Milestone: U.S. Insurtech LeaseLock Announces $1 Billion in Leases Insured

LeaseLock, a U.S.-based insurtech that provides totally eliminates security deposits, surety bonds, and guarantors in rental housing, announced on Tuesday it has surpassed $1 billion in insured lease value for residential apartment homes. The latest milestone comes shortly after LeaseLock announced its $52 million through… Read More

Bitwise Milestone: Tops $1 Billion In Assets Under Management

Bitwise Asset Management, a provider of crypto-asset index and beta funds, announced on Tuesday it recently surpassed $1 billion in assets under management (AUM) across its fund family. As previously reported, Bitwise Asset Management claims it pioneered the first cryptocurrency index fund and is the leading provider… Read More

Milestone: Banking Software Company Temenos Now Supports 60 Challenger Bank Clients

  Temenos (SIX: TEMN), a banking software company, announced on Thursday it has hit a new milestone by supporting a total of  60 challenger bank clients. Temenos reported that digital banks, such as Alba, Alpian, Banco del Sol, Flowe, FlowBank, Lunar, Next Commercial Bank, Pepper, Varo Bank, and WeLab Bank, have selected the company’s… Read More

Global Fintech Drip Capital Surpasses $1 Billion in Cross-Border Trade Receivable Financing Transactions

Drip Capital, a global fintech, announced on Friday it has financed more than US$1 billion of cross-border trade through its online platform.  Founded in 2015, Drip Capital is on a mission to solve the “work capital problem” for SME exporter using technology. “Trade finance is… Read More

Canadian Fintech Mogo Milestone: Helps More Than 1.1 Million Canadians Improve Their Financial Health

  Canadian fintech Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) announced on Thursday ended 2020 with more than 1.1 million members, placing it among the largest fintech companies in Canada by total members. Founded in 2003, Mogo describes itself as a digital challenger to the banks in Canada,… Read More

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