Tagged: milestone

January 15, 2021 @ 10:56 am By Samantha Hurst  |  

Drip Capital, a global fintech, announced on Friday it has financed more than US$1 billion of cross-border trade through its online platform.  Founded in 2015, Drip Capital is on a mission to solve the “work capital problem” for SME exporter using technology. “Trade finance is… Read More

January 14, 2021 @ 10:22 pm By Samantha Hurst  |  

  Canadian fintech Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) announced on Thursday ended 2020 with more than 1.1 million members, placing it among the largest fintech companies in Canada by total members. Founded in 2003, Mogo describes itself as a digital challenger to the banks in Canada,… Read More

December 30, 2020 @ 12:18 pm By Samantha Hurst  |  

  Paysend, a UK-based global payments platform, announced on Tuesday more than 150,000 net new U.S.-based customers have used its platform during the last three months alone to send digital money transfers across borders. Paysend reported that following its stateside launch in September amidst the pandemic,… Read More

December 23, 2020 @ 10:51 am By Samantha Hurst  |  

  Haru, a South Korea-based digital asset management platform and a service brand name of Block Crafters, announced on Wednesday its total transaction volume has reached the $100 million milestone within 15 months of its official launch. Haru also revealed that its user number has… Read More

December 18, 2020 @ 10:51 pm By Samantha Hurst  |  

RateGenius, a U.S.-based fintech company with a proprietary consumer-lending platform, announced on Friday it has funded approximately $8.5 billion in auto loans. RateGenius reported that nearly $1 billion of those loans were dispersed in 2020, even though 85% of the company’s team worked remotely for much… Read More

November 23, 2020 @ 9:44 am By Samantha Hurst  |  

  Expensify, a U.S.-based expense software, announced on Monday it is set to surpass $100 million in annual recurring revenue in 2020. The company reported it only raised $20.2 million in primary capital since its founding in 2008, also recorded its highest monthly revenue ever… Read More

November 6, 2020 @ 8:51 am By Samantha Hurst  |  

Paysend, a UK-based global payments platform, announced earlier this week it has reached the 2.5 million customer mark for its Global Transfers service. The company reached the 1.5 million mark in March, so 1 million customers have been welcomed during the COVID-19 pandemic. Founded in… Read More

October 7, 2020 @ 2:50 pm By Samantha Hurst  |  

BRD, a U.S.-based cryptocurrency mobile wallet, announced earlier this week it has surpassed six million users globally, with a monthly active user counting also surpassing at the beginning of July 2020. Founded in 2015, BRD claims it is one of the largest non-custodial wallets with… Read More

September 29, 2020 @ 9:31 am By Samantha Hurst  |  

FinMason, a U.S.-based fintech and investment analytics provider that enables WealthTech platforms to accelerate development and time-to-market, announced on Tuesday it has analyzed over 20 million portfolios for clients since launching its analytics API service in 2017. FinMason claims to be the world’s largest independent… Read More

September 3, 2020 @ 11:05 am By Samantha Hurst  |  

Digital bank Revolut announced on Thursday it has reached a new milestone by signing up a total of 500,000 business customers. The company noted that the milestone demo states considerable growth of its Revolut Business since it made its debut in July 2017. Along with… Read More

August 11, 2020 @ 2:52 pm By Samantha Hurst  |  

BitTorrent, Inc., a peer-to-peer protocols and products firm, announced on Tuesday it surpassed two billion installations of its torrent client software on Windows, Mac, and Androids. Founded in 2004, BitTorrent claims to be one of the world’s leading peer-based technology companies. The company states it… Read More

July 15, 2020 @ 1:40 pm By Samantha Hurst  |  

Global payables platform Tipalti announced on Wednesday it has surpassed $11 billion in annual transactions. Tipalti reported that despite the economic headwinds caused by the COVID-19 pandemic, it has continued to achieve high growth, ending the second quarter of 2020 at an over 80% growth… Read More

June 28, 2020 @ 10:50 pm By Samantha Hurst  |  

LeaseLock, an insurtech that provides totally eliminates security deposits, surety bonds and guarantors in rental housing, recently announced it has insured leases totaling more than $300 million in value. As previously reported, LeaseLock’s Zero Deposit allows renters to pay a lower monthly fee starting at… Read More

June 16, 2020 @ 10:52 am By Samantha Hurst  |  

Property investment platform CrowdProperty announced on Tuesday it has lent more than £75 million to SME property professionals and has now funded the development of 1,000 homes that were worth almost £170 million, enabling over £60 million of spend on labor, materials, and services in… Read More

June 8, 2020 @ 9:43 am By Samantha Hurst  |  

Payment processing platform Klarna announced on Monday it has reached a record 7.85 million U.S. customers. The company reported the milestone is driven by apparel, beauty, and footwear brands partnering with its platform to offer their customers flexible buy now, pay later options. Klarna offers a… Read More

January 28, 2020 @ 7:50 am By Samantha Hurst  |  

Bitcoin IRA, a company that allows individuals to invest in cryptocurrency in an IRS-approved retirement account, announced on Tuesday it has surpassed $400 million in cryptocurrency transactions. Founded in 2016, Bitcoin IRA claims to be the world’s first, largest, and most secure digital asset IRA… Read More

December 5, 2019 @ 6:29 am By Samantha Hurst  |  

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

December 3, 2019 @ 2:35 pm By Samantha Hurst  |  

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

October 24, 2019 @ 12:15 pm By Omar Faridi  |  

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

October 10, 2019 @ 2:14 pm By Samantha Hurst  |  

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