Tagged: milestone

Digital Asset Firm Copper Is Now SOC2 Certified

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

Fintech Firm Astra Tech, Mastercard to Pave the Way for Digital Payment Solutions

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

Fintech Lender Sonovate Surpasses £3.5B in Funding to Support Businesses

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

BNPL: Mexico’s Kueski, an Online Financial Ecosystem, Achieves 10M Loans Disbursed

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

UK’s SmartSave Bank Reaches £1 Billion in Deposits

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

Global Fintech Wise Rebrands, Customer Base Reaches 16M

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

Digital Assets: Bitpanda Launches Pantos Public Beta, a Multichain Token System

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

Investment Platform Robo.cash Reports €12M in Returns to Investors in Past 6 Years

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

São Paulo Fintech FinanZero Reaches 40M Loan Applications

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

Bitcoin Trading Volume Increases 80% at DBS Digital Exchange in 2022, Client Base Doubles

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

Decentralized Finance: Dexalot Launches Hybrid DeFi Subnet on Avalanche

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

European Fintech iwoca Achieves Net Profitability as Demand for SME Capital Surges

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

Blockchain Intelligence Group Announces Key Business Growth Milestones

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

Identity Proofing Provider Jumio Exceeds $200M in Bookings

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

UK’s Alternative Lending Platform ThinCats Provided Over £300M of Funding to Firms

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

Fintech Qolo Processed Over $1B in Total Payouts in Q4 2022

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

European Investment Platform Mintos Comments on Key Updates from Past Year

  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

Injective, an L1 Blockchain that Brings Cosmos and Ethereum Interoperability to Finance Apps, Shares Key Milestones from Past Year

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

Digital Banking: Zopa Bank Crosses £3B Deposits Milestone

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

India-based Online Trading Platform Upstox Reports Steady Business Growth

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

Send this to a friend