Tagged: milestone

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

September 19, 2019 @ 9:09 am By Samantha Hurst  |  

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

September 16, 2019 @ 8:28 am By Samantha Hurst  |  

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

September 12, 2019 @ 2:22 pm By Samantha Hurst  |  

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

September 5, 2019 @ 9:01 pm By Samantha Hurst  |  

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

August 23, 2019 @ 10:35 pm By Samantha Hurst  |  

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

July 29, 2019 @ 2:59 pm By Samantha Hurst  |  

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

May 30, 2019 @ 7:49 am By Samantha Hurst  |  

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

March 4, 2019 @ 1:26 pm By Samantha Hurst  |  

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

February 12, 2019 @ 3:25 pm By Samantha Hurst  |  

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

February 4, 2019 @ 3:51 pm By Samantha Hurst  |  

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

January 29, 2019 @ 8:31 am By Samantha Hurst  |  

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