Tagged: milestone

August 31, 2023 @ 9:26 am By Omar Faridi  |  

Algbra, the global ethical and Sharia-compliant technology platform with its UK finance app, has been awarded B Corp status “after demonstrating its credentials of the highest ESG standards.” This reportedly makes Algbra one of the few financial institutions in the UK “to achieve this status,… Read More

August 30, 2023 @ 8:03 am By Omar Faridi  |  

This milestone reflects MPOWER’s continued commitment “to socio-economic mobility for bright minds across the globe.” MPOWER Financing, a mission-driven fintech firm and a provider of scholarships and no-cosigner loans to promising students from around the world, announced today that it has completed a 2-year process… Read More

August 20, 2023 @ 6:23 pm By Omar Faridi  |  

A “significant” advancement has been made in the decentralized finance (DeFi) sector as 0xKYC, a developer of pioneering permissionless identity solutions, joins forces with Hinkal Protocol, a privacy-focused DeFi platform. This partnership marks a thoughtful integration of compliance and privacy, creating an environment “where private… Read More

August 19, 2023 @ 4:28 pm By Omar Faridi  |  

Percent, the innovative platform that has created the modern credit marketplace, announced its official status as a registered broker-dealer, “marking another milestone moment in the continued evolution of the company.” Nelson Chu, founder and CEO of Percent, said: “Given private credit’s recession-resilient nature and the… Read More

August 2, 2023 @ 10:32 pm By Omar Faridi  |  

C2FO, which claims to be one of the world’s on-demand working capital platforms, recently announced that on July 21, it “passed the $300 billion mark in total funding to its customers.” This record funding amount “reflects invoices paid an average of 31 days early via… Read More

August 1, 2023 @ 10:58 pm By Omar Faridi  |  

Uppsala Security, which claims to be a pioneering digital asset cybersecurity and regulation technology (Regtech) project, recently announced a significant milestone in its mission to protect virtual asset investors. The company signed a momentous “MOU” with Bitcmon, a virtual asset exchange, to enhance response capabilities… Read More

July 30, 2023 @ 9:13 pm By Omar Faridi  |  

With a step toward creating another milestone, Astra is pleased to announce its selection into the Reef Labs’ $10M Accelerator Program. Standing out among a pool of 350+ innovative projects, Astra’s decentralized KYC solution demonstrated the transformative potential it holds “for the Web3 ecosystem.” Reef… Read More

July 25, 2023 @ 10:17 am By Omar Faridi  |  

Neon EVM, an Ethereum Virtual Machine operating as a smart contract on Solana, announced its integration with Covalent, marking a significant step forward for both platforms. Neon EVM’s recently launched platform “allows developers to use EVM developer tools and Ethereum’s compute layer to transact on… Read More

July 24, 2023 @ 8:55 am By Omar Faridi  |  

Atlantic Money, the provider of fixed fee international money transfers, marks its one-year anniversary by releasing its inaugural company figures. The fintech has achieved significant milestones “in both transfer volume and cost savings, solidifying its position in the market.” During its first year of operation,… Read More

July 21, 2023 @ 9:24 am By Omar Faridi  |  

Archax, the FCA-regulated digital asset exchange, broker, and custodian, today announced that it has successfully gained ISO27001 certification; a testament to its commitment to meeting strict security and compliance standards. This certification is backed by the International Standards Organization (ISO), “providing assurance for all Archax… Read More

July 18, 2023 @ 9:07 am By Omar Faridi  |  

Coin Metrics has taken a data-driven look at digital asset markets after a milestone ruling in the US Securities and Exchange Commission (SEC) v. Ripple Kyle Waters and Matias Andrade Cabieses from Coin Metrics noted in a detailed report that we’ve witnessed a significant development… Read More

July 17, 2023 @ 10:39 pm By Omar Faridi  |  

Ubank – NAB’s digital only bank – has reached a major milestone, celebrating its first birthday since launching its new brand in market and the completion of its migration onto new technology to improve customer experience. Ubank CEO Philippa Watson said since NAB announced the intention… Read More

July 11, 2023 @ 11:22 am By Omar Faridi  |  

RTGS.global, the Financial Market Infrastructure (FMI) streamlining cross-border settlements, has signed “landmark” pilot agreements with two innovative banks as momentum builds in emerging markets for its settlement service. MDO Humo in Tajikistan and Credo Bank in Georgia are the progressive institutions that will run pilots… Read More

July 8, 2023 @ 3:26 pm By Omar Faridi  |  

CrowdProperty revealed recently that it has now “funded more than £700m of property projects and the development of over 3,000 homes.” Having agreed £24m in June alone, the business has now “closed in excess of £400m of facilities to support the construction of residential and… Read More

July 8, 2023 @ 10:07 am By Omar Faridi  |  

Jeremy Allaire, the  Co-founder & CEO of Circle, which helps businesses and developers harness the power of USDC for payments and commerce, reveals that they quietly released the first major milestone of Circle Web3 Services into production beta this week. We quietly released the first… Read More

July 7, 2023 @ 6:58 pm By Omar Faridi  |  

Nexo, which claims to be the world’s leading digital assets institution, recently marked a significant milestone with the successful completion of its independent Type 2 SOC 2 audit. This step underlines Nexo‘s commitment “to delivering industry-leading client data security and ensures an elevated experience for… Read More

June 30, 2023 @ 12:55 pm By Omar Faridi  |  

Capchase, the provider of financing solutions for Software-as-a-Service companies, announced a milestone for its 2021 initiative to provide non-dilutive capital to women- and minority-led startups. Over the last two years, the company has “deployed more than $100 million in funding to these underserved groups using… Read More

June 29, 2023 @ 6:44 pm By Omar Faridi  |  

Recently, The Graph, a protocol for indexing and querying blockchain data, eclipsed one trillion queries. For years, subgraphs on The Graph have “been powering thousands of decentralized applications (dapps) in development and production across the hosted service and Graph Network.” There are over 74,000 subgraphs… Read More

June 27, 2023 @ 6:08 pm By Omar Faridi  |  

Nubank (NYSE: NU), one of the largest digital financial services platforms in the world, has just surpassed the milestone of three million PJ customers. In the segment for almost four years, the company currently “has the largest number of PJ users with an open bank… Read More

June 19, 2023 @ 10:51 pm By Omar Faridi  |  

Truework says sit has reached a significant milestone in their journey as they “work towards creating trust in every financial transaction.” Truework has entered into a strategic partnership with TransUnion, one of the largest information and insights companies in the world. In addition, TransUnion has… Read More