Tagged: milestone

Robinhood Milestone: More Than 10 Million Users Have Signed Up For Accounts

U.S. fintech Robinhood announced on Wednesday more than 10 million people have signed up for accounts on its platform. Publicly launched in 2015, Robinhood is notably on a mission to democratize our financial system. The company offers commission-free trading through on e platform. “Trading in… Read More

PeerStreet’s New Milestone: Achieves $3 Billion In Loan Transactions

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PeerStreet, a leading platform for investing in real estate backed loans, announced last week that more than $3 billion in loans have been transacted through its marketplace portal since its launch. The latest milestone comes just one month after PeerStreet secured $60 million through its… Read More

San Francisco-based Crypto Exchange Coinbase Has Generated Nearly $2 Billion in Transaction Fees Since its Launch in 2012

Brian Armstrong, CEO of San Francisco-based crypto exchange Coinbase, revealed recently that the leading digital currency trading platform has generated almost $2 billion in transaction fees since it launched in 2012. Armstrong, whose comments came during Vanity Fair’s New Establishment Summit on October 23, sad… Read More

Finmason Announces 10 Million Portfolios Analyzed Milestone

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U.S.-based fintech FinMason announced earlier this week it has analyzed over 10 million portfolios for clients since launching its analytics API service in 2017. As previously reported, FinMason claims to be the world’s largest independent investment analytics engine for financial services platforms. The fintech firm… Read More

Crypto.com Milestone: Cryptocurrency Platform Hits 1 Million Mobile Wallet App Downloads

Hong Kong-based cryptocurrency platform Crypto.com announced on Thursday its mobile wallet app has surpassed one million downloads since its worldwide launch in May 2018. According to Crypto.com, the mobile wallet app allows users to do the following: Buy crypto at true cost and store it securely… Read More

Monzo Milestone: More Than Three Million People Are Now Using the Challenger Bank’s Services

UK challenger bank Monzo announced on Monday that more than three million people are now using its banking services. The digital bank reported that the amount of people equals 1 in every 20 adults in the UK. Founded in 2015, Monzo claims it is building… Read More

LendKey Milestone: Hits $3 Billion in Loan Origination

LendKey, a lending-as-a-service solution for banks and credit unions, announced on Thursday it surpassed $3 billion in loan originations for its lending partners. The lender reported that nearly 300 lenders have utilized the company’s turnkey digital lending solution to expand product offerings across multiple asset classes… Read More

Digital Asset Custodian Cooper Hits $500 Million in Transactions Just Three Months After Launching

Cooper, a UK-based custodian for digital assets, announced on Wednesday it has hit $500 million in transactions since its launch three months ago. Founded in 2018, Copper has developed a secure platform to facilitate investors who require dedicated account management and professional custody and execution services…. Read More

Milestone: Canadian Fintech iCASH Surpasses $100 Million in Consumer Loans Funded

iCASH, a Canada-based fintech platform, announced on Thursday after three years of lending operations, it has surpassed $100 million in consumer loans. Launched in 2016, iCASH stated it is focused on helping Canadian consumers “address their cash flow needs” by paying more attention to their… Read More

Austria Fintech Bitpanda Hits New Milestone By Surpassing 1 Million Users

Austria-based fintech Bitpanda announced last week it reached its latest milestone by surpasses one million users. As previously reported, Bitpanda claims to be Europe’s leading retail broker for buying and selling Bitcoin, Ethereum, IOTA and other cryptocurrencies. The platform has more than one million users…. Read More

PayPal Provides Over $10 Billion in Funding to 650,000 Loans of More than 225,000 Small Businesses Around the World

PayPal (NASDAQ: PYPL) announced on Thursday it has provided more than $10 billion in funding through more than 650,000 loans to more than 225,000 small businesses around the world since providing access to its first loan more than five years ago. PayPal reported that its… Read More

New Milestone: Australian Online Purchase Platform Afterpay Hits One Millionth Customer in the U.S.

Afterpay, an Australia-based digital platform that offers interest-free installment plans for online purchases, announced on Monday it has hit one million customers in the U.S. As previously reported, Afterpay was founded in 2015 and reported its platform has grown to include more than 14,000 Australian… Read More

Tipalti Surpasses $6.5 Billion in Annual Transactions on Global Payables Automation Platform

Global Payables Platform Tipalti announced on Tuesday it surpassed $6.5 billion in annual transactions. The company reported that this milestone was reached as it has more than doubled new customer and business bookings in the second half of 2018 compared to the second half of 2017… Read More

PayPal Milestone: Credit Transaction Volume Reaches $50 Billion

PayPal Holdings, Inc. (NASDAQ: PYPL) announced on Monday its credit transaction volume has reached $50 billion. The company reported that since 2008, PayPal Credit, with eight years prior to that with BillMeLater, has surpassed the milestone in the U.S. PayPal reported that in 2018 alone, PayPal Credit… Read More

Lending Works Milestone: Surpasses £150 Million in Loans

Peer to peer lender Lending Works announced on Tuesday it has surpassed £150 million in successful loans to households and firms. The online lending platform reported it has so far helped more than 25,000 people to get a better value personal loan since its launch in January… Read More

Commercial Real Estate Finance Platform CrediFi Milestone: Total Capital Raised Has Surpassed $29 Million

CrediFi, a fintech and commercial real estate finance platform, on Wednesday it has raised an additional $6 million in funding. This funding comes on the heels of the $13 million previously raised in Series B funding. The company reported that the total amount it has… Read More

RateSetter Milestone: Online Lender Surpasses £3 Billion in Lending

UK based peer-to-peer lender RateSetter announced on Tuesday it has surpassed £3 billion in online lending. RateSetter reported that the milestone follows a successful year, with the lender originating more than £700 million of new lending and active loans under management grew to £820 million…. Read More

Fintech Startup PayActiv Surpasses $1 Billion in Processed Funds

PayActiv, a U.S.-based provider of employment-based holistic financial wellness services, announced on Monday it has surpassed $1 billion in processed funds for timely earned wage access to the underserved and underbanked workforce. Speaking about the milestone, Safwan Shah, Founder and CEO of PayActiv, stated: “Financial stress is at… Read More

Money360 Milestone: Surpasses $1 billion in Loans Originated & Closed

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Real estate marketplace lender Money360 announced on Monday it has surpassed $1 billion in loans originated and closed since inception. The announcement comes just 11 months after the lending platform revealed it had hit $500 million. Launched in 2014, Money360 is described as a vertically-integrated, nationwide… Read More

Proplend Milestone: Surpasses £50 Million in Online Lending

Less than six months after surpassing £40 million in online lending, UK based peer to peer lender in the property space, Proplend, announced on Monday it has now reached £50 million in online lending. According to the lender, all loans are commercial property backed, comprising a… Read More

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