Tagged: milestone

LendingClub Reports Surpassing $3 Billion in Loans Sold via Structured Certificates Program

LendingClub (NYSE: LC) has reportedly surpassed $3 billion in loans sold via its structured certificates program. LendingClub Corporation, the parent company of LendingClub Bank, which claims to be one of America’s leading digital marketplace banks, recently announced that it has surpassed $3 billion in loans… Read More

UK Reaches 150 Million Contactless Cards Issued – Research Report

The UK has reportedly reached 150 million contactless cards issued, according to an update from UK Finance. UK Finance’s Card Spending Update for March 2024 shows “that contactless cards now account for 93 percent of those in issue.” UK Finance recently released its card spending… Read More

UK’s PensionBee Group Reports Over £5 Billion in Assets Under Administration, Reaches 250,000 Invested Clients

PensionBee Group plc is pleased to announce that it has achieved Assets under Administration of over £5 billion, reaching 250,000 Invested Customers in June 2024. According to PensionBee, these important milestones have been “achieved through the continued delivery of the company’s strategy, driven by a… Read More

Visa Issues 10 Billionth Token, Generating $40B in Incremental Digital Commerce

Visa (NYSE: V) announced a significant milestone achieved by its tokenization technology, revealing that Visa tokens have generated more than $40 billion in incremental ecommerce revenue for businesses globally and saved $650 million2 in fraud in the last year. Visa also announced it has issued… Read More

CME Group Reports Record ADV of 26 Million Contracts in Past Month

CME Group, the derivatives marketplace, reported its May 2024 market statistics set a new average daily volume (ADV) record of 26 million contracts for the month, “up 4% from May 2023.” The company’s interest rate and metals products also “reached May ADV records, as its… Read More

Payments Fintech Zilch Reports Over 4 Million Customers

Zilch, the ad-subsidized payments network (ASPN), announced its latest milestone: surpassing 4 million registered customers within 44 months of launch. Philip Belamant, CEO and co-founder of Zilch said: “In less than four years, we’ve transformed how millions experience, engage and – most importantly – are… Read More

SIX Digital Exchange Reaches Key Milestone with 1 Billion Swiss Francs in Digital Assets on Platform

SIX Digital Exchange (SDX) announces that digital asset issuances facilitated on its platform will surpass 1 billion Swiss Francs (CHF) with the settlement of the CHF 200mn bond by the World Bank priced on 15 May. This achievement marks a key advancement in “the realm… Read More

Crypto.com Reportedly Surpasses 100 Million Global Users

Crypto.com announced it has surpassed the 100 million global user mark – the latest significant milestone for the company founded in 2016 and the industry leader in regulatory compliance, security and privacy. This milestone was reached in the immediate wake of Crypto.com’s latest Fortune Favors… Read More

CME Group Reports Double-Digit Trading Volume Growth Across All Asset Classes

CME Group, the derivatives marketplace, reported its April 2024 market statistics set a new average daily volume (ADV) record of 26.5 million contracts for the month, up 33% from April 2023, with double-digit growth across all asset classes. Additionally, interest rate, equity index, foreign exchange… Read More

Estateguru Has Reportedly Provided €800M in Funding via their Platform

Estateguru is pleased to announce that their investors have now provided €800,000,000 in funding through their platform. The projects they have funded are now said to be “a feature of the modern European landscape, and a testament to the constructive power of informed investment.” The… Read More

DeFi Adoption: Over 3M Crypto Addresses have Reportedly Swapped on Multiple Chains with Uniswap

The future is multichain, according to an update from Uniswap Labs. Over 3M addresses have swapped on multiple chains with Uniswap, the team at Uniswap Labs reveals. As covered, the Uniswap Protocol claims to be the largest decentralized trading and automated market-making protocol on Ethereum… Read More

Blockchain Data and Compliance Firm Chainalysis Marks 10 Years of Operations

Chainalysis is marking its 10th year of operations this spring, and they’re reflecting on how far they’ve come with their clients and how the’re continuing to evolve with the rapidly changing ecosystem. Chainalysis notes in a blog post that the market revival we are experiencing… Read More

Nubank Reportedly Reaches 4M Customers Milestone for Nubank PJ, a Solution for Entrepreneurs

Nubank (NYSE: NU), which claims to be one of the world’s largest digital financial services platforms, has just reached the milestone of four million customers in Nubank PJ, which offers solutions for entrepreneurs. This number represents an increase of “around 50% compared to the previous year,… Read More

Stripe Reports Over $1 Trillion in Payments Volume

Stripe’s mission is to grow the GDP of the internet. The core idea behind the company—one they endeavor to take very seriously—is that we’re still early in the journey of software-driven innovation, and Stripe is “an applied exercise in thinking through some of the corollaries… Read More

Balance, Canada’s Digital Asset Custodian, Reportedly Surpasses $2B of Assets Under Custody

Balance, Canada’s digital asset custodian, is pleased to announce that it has once again surpassed $2B worth of assets under custody (AUC). Balance’s CEO, George Bordianu said: “Our focus since day one has been to build a world-class custodian for companies working with digital assets…. Read More

UK’s Allica Bank Reports Completing £2B of Business Lending

Allica Bank – the fintech challenger bank specifically focused on established businesses with over ten employees – has revealed it has completed more than £2 billion in lending to UK businesses, with 80% of that being to businesses outside of London. Allica bank, which made… Read More

XTransfer, the Cross-Border Trade Payment Platform, Announces Key Milestone in Partnership with Deutsche Bank

XTransfer, the B2B cross-border trade payment platform, announces a key milestone in its partnership with Deutsche Bank. Deutsche Bank has executed XTransfer’s first onshore Thai Baht (THB) trade in Thailand, “leveraging the latest version of the Bank of Thailand‘s Non-Resident Qualified Company (NRQC) rules.” Under… Read More

Wealthtech Firm Farther Reportedly Exceeds $2B in AUM

Farther, which claims to be among the nation’s leading technology-centric wealth management firms, announced recently its latest assets under management (AUM) of $2.2 billion, demonstrating a 4x year-over-year increase. Since its founding in 2019, Farther claims that it has “experienced record-breaking growth, fortifying its position… Read More

Pacaso, the Real Estate Marketplace, Reports $1 Billion+ in Cumulative Revenue for 2023

Pacaso, the technology-enabled real estate marketplace that helps people buy, co-own, and sell a luxury second home, announced significant milestones for the year 2023 with cumulative revenue in the Pacaso real estate portfolio surpassing $1 billion. In 2023, Pacaso claims that it has “grown its… Read More

Wealth Management Milestone: AuM Powered by BridgeFT WealthTech API Across Client Network Grew by Over 100% in 2023

BridgeFT, an API-first, cloud-native wealth infrastructure software company that enables financial institutions, Fintech innovators, and registered investment advisors to deliver better, data-driven outcomes for their clients, announced that the total assets under management powered by BridgeFT’s WealthTech API across its client network grew by “more… Read More

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