Cactus Custody announces the completion of its SOC 1 Type 1 attestation, underscoring its focus on maintaining operational standards, accurate financial reporting, as well as digital asset security. This latest milestone for Cactus Custody reflects their ongoing commitment to providing secure, reliable custody solutions that… Read More
R3, the financial markets digital solutions provider, announces considerable momentum across projects, having reached the milestone of $10 billion in on-chain real-world assets (RWAs) across live Corda-based platforms, with over “1 million transactions processed each day.” Following the launch of its Digital Markets product suite… Read More
Santander Bank, N.A. (NYSE: SAN) announced that the Openbank digital bank platform topped $2 billion in total deposits since going to market in the United States in the fourth quarter of 2024. This achievement is said to represent a key milestone in the Santander US… Read More
Six years after its market launch, Trade Republic has reportedly doubled its customer base to 8 million. Collectively, these customers manage assets worth 100 billion euro, making Trade Republic the “largest broker” in Europe and strengthening its position as the savings platform. The introduction of… Read More
Bitso, the crypto-driven financial services company in Latin America, has recently marked its 10th year of year operations in 2024 by announcing that its Bitso Retail division has surpassed 9 million users globally, “tripling its customer base in just three years.” As of December 2024,… Read More
Crypto.com, which claims to be trusted by more than 100 million customers worldwide and the industry participant focused on regulatory compliance, security and privacy, has officially announced the launch of its U.S. trust company – Crypto.com Custody Trust Company. By receiving a trust company charter,… Read More
UK’s Smart Pension, a company focused on workplace pnesions, has reportedly surpassed £6 billion assets under management (AUM). According to the update from UK’s Smart Pension, new business wins, organic growth and strategic consolidations have led to rapid AUM growth. Smart Pension, one of the… Read More
Sixteen years following the release of Bitcoin’s White paper, the fast-evolving cryptocurrency space has transformed in ways that perhaps early enthusiasts could hardly have imagined. This, according to a recent update from Nexo. Nexo explained that what started as pretty much an experiment in digitizing… Read More
As we enter the final three months of 2024, the digital assets and blockchain ecosystem is emerging from the so-called crypto winter. After a decade-long initiative by the digital assets and DLT industry, crypto ETFs were officially introduced in the US markets. And institutional players… Read More
UK’s digital bank Zopa has surpassed £5 billion in customer deposits. The update from Zopa Bank comes four years after getting its banking licence and four months after exceeding its £4 billion deposits milestone. The milestone reflects the convenience, accessibility and competitive rates offered with Zopa… Read More
IDEX Biometrics has reached an important milestone for IDEX Pay by successfully passing Visa’s certification using Visa’s latest VBSS biometric payment application. The IDEX Pay biometric solution includes “the IDEX Biometrics proprietary card operating system and latest technology fingerprint sensor with Infineon’s high performing SLC38… Read More
Thunes, the Smart Superhighway for money movement around the world, announces it has hit growth milestones, exceeding $100m run-rate Revenue whilst remaining firmly on course to reach EBITDA break-even by year-end. Thunes’ growth journey is fueled by “demand for its proprietary Direct Global Network for… Read More
UK’s digital bank Monzo announces that it surpassed 10 million personal customers in the UK as it continues to make money work for everyone. The milestone follows Monzo’s first full year of profitability, a funding round and various product announcements as the firm moves forward… Read More
Cross River Bank, a provider of technology infrastructure and embedded financial solutions, is marking its 16th year of doing business since its founding in June of 2008. Coming out of the 2008 financial crisis, Cross River claims that it “has been at the forefront of… Read More
Investment platform Bondora is reporting a key milestone. Bondora reveals that 1 billion Euros have been invested via their platform. This latest achievement has marked a significant point in Bondora’s journey since 2008, and it was made possible by their customers. In order to mark… Read More
As we arrive at the midpoint of 2024, the team at Klarpay is providing an update to their clients and partners on the Fintech firm’s milestones and achievements in the first half of the year. Klarpay has been active on the global stage, “participating in… Read More
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
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
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 (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
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