Tagged: milestone

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

Credit Score Solutions Provider SavvyMoney, Alkami have Reportedly Signed 100 Banks, Credit Unions as Clients

SavvyMoney, the provider of innovative credit score solutions, and Alkami, the provider of cloud-based digital banking solutions for banks and credit unions in the U.S., recently signed their 100th shared customer, a key milestone in their expanding partnership. Since its launch in 2019, the number… Read More

Embedded Banking Fintech ClearBank Reaches Profitability as Revenue Exceeds £45m

ClearBank Ltd., the enabler of secure accounts, real-time clearing, and Embedded Banking for financial institutions, announced that it has “reached profitability.” ClearBank Ltd. has “generated £45.4m in revenue YTD and from October has reached monthly profitability in the UK.” The fintech bank “has nearly tripled… Read More

MONEYME Exceeds $3B in Originations, Shareholders Vote Yes to B Corp

Digital lender and non-bank challenger MONEYME Limited (ASX: MME) has surpassed $3 billion in originations since inception, “after 4x growth in FY22 driven primarily by the success of its auto finance product Autopay.” This includes the $1.1 billion in originations by SocietyOne “prior to the… Read More

European Investment Platform Mintos Reaches Half a Million Registered Users

The team at Mintos is pleased to confirm that they’ve reached a new milestone of 500 000 registered users on their investment platform. Over the course of 2022, Mintos claims it experienced “a steady growth in registrations, with an average of 4372 users joining each… Read More

Digital Banking: Temenos Reaches Milestone of 850 Clients on its Virtual Bank Platform

Temenos (SIX: TEMN) announced that it has passed 850 customers with Temenos Infinity digital banking platform, successfully “delivering implementations across client tiers and multiple geographies.” A raft of banks have gone live with Temenos Infinity “from banks in Europe, Middle East and Africa such as… Read More

iLex, Asia’s Corporate Loans Platform, Achieves $10B of Assets Listed

iLex, a Platform-as-a-Service fintech that designs, builds and operates digital market infrastructures for the US$6 trillion syndicated loans and private credit market, announced recently that it “has US$10 billion of assets listed on its platform.” The number of market participants across APAC and EMEA on… Read More

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