Tagged: milestones

Umbria Network Provides Updates on Web3 Ecosystem Expansion Efforts

Umbria Network recently shared key updates, milestones from 2022 including new products, bridges and partnerships. The platform’s developers also provided updates on their expansion efforts within the Web3 ecosystem. In addition to the recently reported increase in transactions on its cross-chain bridge platform, Umbria Network… Read More

UK’s Digital Bank Zopa Reaches £1B in Customer Savings

Today, the team at digital bank Zopa is “incredibly proud” to announce that their customers have trusted them with over £1 billion of their “hard-earned” savings. In an update shared with Crowdfund Insider, Zopa‘s management noted that their award-winning Zopa Fixed Term Savings Account offers… Read More

Decentralized, High-Throughput, Gas Efficient IOST Platform Shares Key Updates as They Plan for 2022

The team at IOST says that 2021 was a year of “highs and lows” for not only IOST but the entire blockchain and cryptocurrency ecosystem. They’ve noted that they’re thankful for IOSTIANS for staying with them through this “wild ride.” Now that they’ve got some… Read More

Bitcoin IRA Surpasses 100,000 Users & Processes More Than Half a Billion in Transactions

  Bitcoin IRA, a company that allows individuals to invest in cryptocurrency, announced on Friday it has surpassed 100,000 users, as well as processed more than half a billion in transactions through its platform.  As previously reported, Bitcoin IRA claims to be the world’s first… Read More

Crowdcube Milestone: UK Equity Crowdfunding Platform Celebrates One Million Members

Crowdcube, one of the leading UK investment crowdfunding platforms, recently announced it has celebrated a  new milestone: now having one million members. The funding portal reported its community has made more than 800,000 investments, with £1 billion having been invested in campaigns. Founded in 2010,… Read More

Automated Money Management Platform M1 Finance Doubles Assets in Six Months & Hits $2 Billion Mark

M1 Finance, a U.S.-based automated money management platform, announced on Thursday it surpassed $2 billion in assets on its platform, just six months after hitting the $1 billion asset mark. The company claims that it reached both $1 billion and $2 billion AUM thresholds faster… Read More

LendUp Milestone: Surpasses $2 Billion in Consumer Loans

LendUp, a socially responsible online lender on a mission to redefine financial services for the emerging middle class, announced on Thursday it has surpassed $2 billion in consumer loans through its digital lending platform. The company reported that since 2012 it has provided more than… Read More

ThinCats Milestone: Online Lender’s New Loan Number Doubles Almost to £200 Million

ThinCats, a UK-based lending platform, has reportedly hit a new company milestone. According to P2P Finance News, the platform’s 2019 was record-breaking, with its new loan number doubling to nearly 200 million. It was also noted that ThinCats’ loan book is now over 580 million…. Read More

RateSetter ISA Milestone: Passes £250 Million in Subscriptions

UK-based peer-to-peer lender RateSetter announced on Thursday its ISA has now passed the milestone of attracting £250 million in subscriptions. RateSetter reported that in under 18 months since its launch in February 2018, the RateSetter ISA has attracted more than £250 million in subscriptions, which… Read More

Update: Assetz Capital Surpasses £1.8 Million Through Equity Crowdfunding Efforts on Seedrs

UK-based peer-to-peer lending platform Assetz Capital has successfully surpassed £1.8 million through its equity crowdfunding campaign on Seedrs. The funding round was launched in May and quickly raised its initial £1 million. So far, more than 1,000 investors have contributed to the initiative.  As previously… Read More

Assetz Capital Reportedly Surpasses Bridging & SME Lending Milestones

UK-based peer-to-peer lending platform Assetz Capital has reportedly surpassed both bridging and SME lending milestones. According to Bridging and Commercial, the online lender has provided more than £100 million in bridging finance and £50 million in SME funding.  Speaking about the latest milestone, Damien Druce,… Read More

RateSetter ISA Milestone: Passes £200 Million in Subscriptions

UK-based peer-to-peer lender RateSetter recently announced its ISA has now passed the milestone of attracting £200 million in subscriptions. RateSetter claimed that the ISA is considered to be the most popular Innovative Finance ISA in the market. The online lending platform also revealed that one… Read More

Canadian Fintech Mogo Milestone: Opens More than 200,000 New Member Accounts in 2018

Canadian fintech Mogo Finance Technology announced on Tuesday it opened more than 210,000 new member accounts in 2018, which brought its member base to approximately 756,000 on December 31st.  The company claims it is a digital challenger to the banks in Canada and empowers consumers with solutions… Read More

RippleNet Milestone: Surpasses 200 Customers & 13 New Financial Institutions Sign Up For Payment Network

Ripple, a provider of enterprise blockchain solutions for payments, announced on Tuesday 13 new financial institutions have signed up for the company’s payment network, RippleNet. It was revealed that the companies now in the network are the following: Euro Exim Bank SendFriend JNFX FTCS Ahli Bank of… Read More

Monzo Milestone: 1 Million People Now Use the Challenger Bank’s Services (Infographic)

UK-based challenger bank Monzo announced on Monday that 1 million people are now using its services. Founded in 2015, Monzo is building a new kind of bank, which will live on smartphone and are built for the way the user lives today.  “We’re doing things… Read More

OnDeck Milestone: Small Business Online Lending Tops $10 Billion

Online lending platform OnDeck (NYSE: ONDK) announced on Wednesday it has surpassed $10 billion in total loan originated to small businesses. According to OnDeck, the latest milestone is the latest indication that small businesses increasingly prefer to seek financing online. OnDeck reported that it provided its first… Read More

LendingHome Milestone: Mortgage Marketplace Lender Tops $3 Billion in Loan Originations

Mortgage marketplace lender LendingHome announced on Tuesday it surpassed $3 million in loan originations. The milestone news comes just little over eight months after the online lender surpassed $2 billion in loan originations. Founded in 2013 and began lending in mid-2014, LendingHome states it has the online… Read More

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