Tagged: milestone

Wealthtech Farther Reports Significant Increase in AuM

Farther, the technology-centric wealth management firm, announced assets under management (AUM) of $1.6 billion – further cementing the company’s steady growth in the industry. The announced AUM represents “nearly 2.4x the firm’s previously reported AUM, announced just six months ago in April 2023.” Farther officially… Read More

Almond Fintech Secures $7M to Remove Financial Barriers Globally

Almond Fintech, a B2B technology company bridging the worlds of fiat and digital currency, is excited to announce a new funding milestone of $7 million. The funding from the investment round will aim to help broaden Almond’s rapidly expanding network in Asia, the Americas, while… Read More

Indian Fintech PhonePe Crosses 500M Lifetime Registered Users

PhonePe recently announced that it has crossed 500 million lifetime registered users on its platform. With this milestone, 1 in 3 Indians are now on PhonePe, the Fintech firm claims. The company is the first Indian Internet company to “have reached this scale globally.” This… Read More

Blockchain Intelligence Group Expands Operations with Foreign Government, Law Enforcement Partnerships

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of Netcoins, and Blockchain Intelligence Group and TerraZero is pleased to announce a significant milestone in Blockchain Intelligence Group’s growth and global expansion strategy. Blockchain Intelligence Group has signed 1… Read More

Insurtech Cowbell, a Cyber Insurance Provider for SMEs, Announces New Financing

Cowbell, a provider of cyber insurance for small- and medium-sized enterprises (SMEs), today announced significant momentum and new financing on the heels of its top-grossing quarter and amid continued corporate growth. Cowbell’s new financing builds on its $148M raised to-date. Cowbell announced a new investment… Read More

Insurtech: NEXT Insurance Now Claims Half-Million Customers

NEXT Insurance, a digital small business insurer, achieved a marked milestone in reaching 500,000 active small business customers. Throughout NEXT’s journey as a digital insurer, its commitment to the small business community has “remained paramount, driving all aspects of its continued product innovations, partnerships, and… Read More

Digital Banking: Brazil’s Nubank Reaches 90M+ Customers in LatAm Markets

Nubank (NYSE:NU) has surpassed 90 million customers in Latin America in its operations in Brazil, Colombia, and Mexico, consolidating its position as one of the fastest-growing financial services companies in the world. David Vélez, Nubank’s founder and CEO, at an event for the press and… Read More

Juniper Square Reportedly Exceeds $1 Trillion in Investor Equity On Platform

Juniper Square, the partnership enablement for the private funds industry, has announced major accomplishments, “surpassing a trillion dollars in investor equity on platform and trillions of dollars in real assets.” The company is celebrating key milestones “after securing $133M in funding earlier this year which… Read More

Digital Bank Revolut Headcount Reaches 7500+ Workers, with Expansion into Brazil, India, Other Markets

Revolut, the financial super app with over 35 million customers globally, has been officially certified as a Great Place to Work. Following participation in a certified study, “based on the strength of its employee experience, Revolut has been recognised as a Great Place to Work… Read More

Coinbase Announces Germany As Regional Talent Hub

Coinbase (NASDAQ:COIN) is reporting that Germany will become a Regional Talent Hub, “marking another key milestone in our international expansion strategy.” In 2021, Coinbase claimed that it had become the first crypto company “to receive a crypto license from BaFin.” This license, for crypto custody… Read More

Sygnum’s Crypto and TradFi Bridge Generates Client Demand for Traditional Securities

Sygnum, the digital asset bank, has generated additional CHF multi-billion client demand by complementing its core regulated digital asset offering with traditional securities. As noted in an update from Sygnum: Market traction due to clients’ ability to combine crypto and traditional assets conveniently, simply and… Read More

Blockchain Adoption: The Reserve Protocol Deploys on Base, an Ethereum (ETH) L2 Environment

The Reserve Protocol is now live on Base, marking its first expansion beyond the Ethereum mainnet. This update matters because it aims to empower accessible innovation. As noted in a blog post by the Reserve Protocol team, the “low-cost,” and developer-friendly Ethereum L2 environment launched by… Read More

CrowdProperty Funds £100M in Property Development Projects During Last Quarter

While the summer may traditionally be a quieter time of the year for many businesses, CrowdProperty says that it bucked the trend by funding £100 million in property development projects within the last quarter. The CrowdProperty team of experts claims that they “continued to be… Read More

UK Open Banking Fintech TrueLayer Powers 1M+ VRP Transactions in Only A Month

One million VRP transactions have been made by UK consumers in just a month and have been powered by TrueLayer. Moving money, simplifying savings, automating credit repayments — whatever it is, variable recurring payments are growing, according to an update from TrueLayer. The company also… Read More

Digital Asset Platform Gemini Marks 8th Year of Business Operations, Comments on Key Milestones

The crypto ecosystem faced significant challenges this year, the team at Gemini noted in a recent update. Despite the various headwinds, talented individuals across all our teams “have continued to build every day during the bear market,” Gemini claims. As they mark Gemini’s 8th anniversary,… Read More

Irish Firms Have Reportedly Processed €20 Billion in Transactions via Stripe, a Financial Infrastructure Provider

Stripe, a financial infrastructure platform for businesses, recently marked its tenth anniversary serving Irish businesses, “with the release of data revealing widespread, rapid growth in the country’s internet economy.” Over the last decade, conditions for Ireland’s internet businesses “have improved dramatically.” Homegrown startups now “have… Read More

Capital on Tap, the Fintech Democratizing SME Funding, Launches £250M Securitization Facility

Capital on Tap, the Fintech company which says it is focused on democratizing small business funding, opened the London Stock Exchange market recently in order to mark the launch of its £250 million securitization facility. The securitization, called London Cards No.1, is reportedy among the… Read More

Cross-Border Payments Fintech Neo Clears €10B as Firms Move to Diversify Banking Partners

Neo, the cross-border payments fintech, has announced it has cleared more than €10 billion through its corporate multi-currency accounts since launch in 2020. The firm which provides a one-stop-shop account for corporate treasurers has seen its cleared volume double “in just under a year, reaching… Read More

Chainlink Cross-Chain Interoperability Protocol (CCIP) Now Live on Arbitrum One

Chainlink, the industry-standard Web3 services platform, and Arbitrum, the most widely used layer 2 scaling solution suite for Ethereum dApp development, have announced today the mainnet launch of the Chainlink Cross-Chain Interoperability Protocol (CCIP) on Arbitrum One. CCIP provides Web3 developers “with a secure, easy-to-use… Read More

UK Fintech Tide Reportedly Reaches 10% SME Market Share

Tide, the business financial platform, has reached a significant growth milestone. The business now claims a 10% market share of all UK small businesses “with more than 550,000 customers (members).” Tide serves small businesses which “don’t have their own finance function, such as sole traders,… Read More

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