Tagged: milestone

March 17, 2023 @ 4:52 pm By Omar Faridi  |  

Digital asset firm Copper is pleased to announce the successful completion and certification of their SOC2 Type 2 assessment. Tim Neill, Chief Risk Officer at Copper, said: “I am delighted to share with you that Copper has been awarded a significant certification: SOC 2. The… Read More

March 14, 2023 @ 10:49 pm By Omar Faridi  |  

Astra Tech’s PayBy, a Central Bank-UAE licensed Fintech offering a variety of financial technology services, has achieved a significant milestone in the MENA region fintech space by becoming one of the first fintech player “to obtain a Mastercard (NYSE: MA) principal membership license.” This achievement… Read More

March 13, 2023 @ 3:05 pm By Omar Faridi  |  

Fintech lender Sonovate has surpassed £3.5bn in total funding and £1 billion in annual funding for the first time “as rising costs force businesses to seek finance to manage cashflow and drive growth.” During 2022, Sonovate reportedly “provided businesses with £1.1 billion in finance, a… Read More

March 7, 2023 @ 5:00 pm By Omar Faridi  |  

Kueski, the online financial ecosystem for consumers in Mexico, announced that it has disbursed a record 10 million loans. With more than 1.8 million unique customers and more than $1.6 billion in loan transactions, this marks an important milestone for the company on its mission… Read More

March 7, 2023 @ 8:42 am By Omar Faridi  |  

SmartSave Bank, a disruptive savings platform created by UK bank Chetwood Financial, has now received more than £1 billion in deposits. SmartSave reportedly “offers fixed-term, fixed-rate savings accounts, all of which are FSCS protected. Customers can deposit between £10,000 and £85,000, and they start earning… Read More

March 2, 2023 @ 7:59 am By Omar Faridi  |  

Wise (LSE:WISE), the global technology company building the best way to move and manage money is rolling out a new look and feel. This comes as the company announced that it has “reached 16 million customers served worldwide, and revealed plans for further global expansion.”… Read More

February 27, 2023 @ 11:14 am By Omar Faridi  |  

The team at Bitpanda is pleased to announce the launch of the Pantos public beta. This is a major milestone for “developing technology-agnostic digital assets, and they’re proud to be part of it.” Pantos, the “first” Multichain Token System, has been designed “to make digital… Read More

February 27, 2023 @ 8:44 am By Omar Faridi  |  

Around six years ago, the first loan on Robo.cash was purchased. Robo.cash says it is pleased to celebrate this event and thank their investors for being with them. As noted in a blog post by Robocash, here’s what have they’ve achieved over the years” 30,000+… Read More

February 23, 2023 @ 12:29 pm By Omar Faridi  |  

FinanZero, the online credit marketplace in Brazil, announces that it has reached 40 million loan applications made through its platform to date. FinanZero was “founded in São Paulo in 2016 by Swedish entrepreneurs Olle Widén and Kristian Jacobsson together with Swedish-Brazilian investment firm Webrock Ventures.”… Read More

February 17, 2023 @ 8:34 am By Omar Faridi  |  

DBS reported an 80% year-on-year growth in the number of Bitcoin (BTC) traded on the DBS Digital Exchange (DDEx) in 2022, and “a doubling in the number of BTC custodised with the bank’s digital asset custody solution.” The firm claims these business metrics “underscore the… Read More

February 6, 2023 @ 9:40 pm By Omar Faridi  |  

Decentralized cryptocurrency exchange Dexalot has launched on an Avalanche Subnet, marking a new milestone in “the evolution of decentralized trading protocols.” The Dexalot Subnet aims “to replicate the user experience of a CEX without compromising on decentralization and transparency.” Its team has “spent months building… Read More

February 3, 2023 @ 8:26 am By Omar Faridi  |  

iwoca reaches net profitability in Q4 2022 and experiences over 50% increase in the number of small and medium-sized businesses funded across the UK and Germany This comes as iwoca “increases its funding line with Pollen Street Capital from £125m to £170m.” The total number… Read More

February 2, 2023 @ 8:40 pm By Omar Faridi  |  

Blockchain Intelligence Group, a key player focused on blockchain investigations and training, owned by BIGG Digital Assets, Inc. (CSE: BIGG), announces that it has achieved significant company and industry milestones “in global crypto investigations.” It added new customers, “including enabler of real-time clearing and Embedded… Read More

January 29, 2023 @ 6:07 pm By Omar Faridi  |  

Jumio, the provider of automated, end-to-end identity proofing, risk assessment and eKYC solutions, announced the close to a successful 2022 in which Jumio reportedly became the first identity company “to clear well over $200 million in bookings.” Q4 also saw Jumio close “both the largest… Read More

January 24, 2023 @ 8:03 am By Omar Faridi  |  

The team at ThinCats are pleased to announce that they provided £302 million of funding to businesses in 2022. In total, ThinCats has “lent more than £1.3bn to businesses across the UK while assets under management stand at a record £675m.” Despite a challenging economic… Read More

January 22, 2023 @ 3:35 pm By Omar Faridi  |  

Qolo recently revealed that it processed more than $1 billion in total payouts in Q4 of 2022. As the world’s “first” and “only” fully cloud-based payments and card issuing processor, Qolo powers various Fintechs and banks “with flexible, scalable payout solutions.” Qolo delivers direct access… Read More

January 16, 2023 @ 9:25 am By Omar Faridi  |  

  2022 was a year of challenges, but also “huge wins” for Mintos and their investors, the company claims. During 2022, Mintos launched a new financial instrument, Notes, “benefiting our investors with investor protection mechanisms.” They also celebrated “reaching a milestone of 500 000 registered… Read More

January 6, 2023 @ 1:16 pm By Omar Faridi  |  

To say that 2022 was a “monumental” year for Injective is an “understatement,” the developers claim. This past year, Injective not only “focused on continuing to expand its ecosystem while strengthening the layer one chain, but it also accelerated its reach within the broader Web3… Read More

January 6, 2023 @ 8:48 am By Omar Faridi  |  

This week Zopa Bank has crossed the £3 billion deposits milestone, while their customers have collectively “opened 150,000 accounts to grow their savings faster in today’s challenging environment.” Zopa’s ambition is “to make the hundreds of billions in “zombie money” sitting idle in UK current… Read More

December 29, 2022 @ 8:45 pm By Omar Faridi  |  

Puneet Maheshwari, Director at Upstox, which supports powerful investing and trading made simple, and claims to be trusted by Indian consumers, reveals that Upstox is “an online trading app for Demat Account, Share Market, MF, IPO with 10 million+ customers.” Backed by Ratan Tata and… Read More