Tagged: progress report

B2B Payments Fintech Billtrust Announces 2024 Milestones Supported by AI-Enhanced Innovation

Billtrust, a B2B order-to-cash and digital payments firm, reported 2024 business highlights which helped reportedly companies improve customer experiences and enhance their financial health. Billtrust CEO Sunil Rajasekar said: “In 2024, our team provided more tools than ever to help B2B finance teams gain deeper… Read More

Legal Operations Platform Brightflag Reports Steady Business Growth in 2024

Brightflag, the AI-powered e-billing and matter management platform for corporate legal departments, announced that 2024 will be its “best-ever” year of growth. Ian Nolan, founder and CEO of Brightflag said: “This year Brightflag has added more customers than ever before. I am very proud that… Read More

Dublin Regtech Fenergo Reports €12.6M Profit Before Tax and Increase in Recurring Revenue

Fenergo, a provider of AI-powered solutions for Know Your Customer (KYC), Anti-money laundering (AML) transaction monitoring, and Client Lifecycle Management (CLM), reports a profit before tax of “€12.6 million and a 20% increase in software license growth” in its financial results for the year ending… Read More

Abu Dhabi’s ADGM Reports Strong Demand for Asset Management Firms, Fintech Platforms, Professional Services

ADGM, the international financial centre (IFC) of Abu Dhabi, announced another quarter of steady growth, with a number of key achievements for the third quarter (Q3) of 2024 across various metrics. The results are said to underscore ADGM’s role in Abu Dhabi’s strategic goal to… Read More

Fintech Lender Plenti Group Reports Profitable Growth

Plenti Group Limited has provided its results for the six-month period ended 30 September 2024 (1H25). The Plenti Group shared the following financial highlights: Closing loan portfolio of $2.3 billion, up 14% on pcp Loan originations of $627 million, up 0.4% on pcp Half-year revenue… Read More

Open Banking Fintech TrueLayer Reports Growth in Revenue and Increase in Losses

Fintech firm TrueLayer recently shared its FY2023 report. TrueLayer has reported £12 million of revenue and £55 million in total losses for this financial period. Truelayer is Europe’s open banking network, enabling service providers to onboard users, accept money and carry out payouts within a… Read More

Global Fintech Klarna Reports Q1 2024 Results, Posts Another Profitable Quarter

Klarna, the AI-powered global payments network and shopping assistant, reported its Q1 2024 financial results, revealing another profitable quarter and continued growth outpacing ecommerce. Sebastian Siemiatkowski, CEO of Klarna, said: “Klarna continues its acceleration with 29% revenue growth year on year, coupled with the power… Read More

UnaFinancial Announces Total Platform Assets Reaching $125.4M, Up By 10.4% YoY

UnaFinancial, the parent company of the Robocash investment platform, announced an upcoming release of the audited special purpose consolidated financial statements for the year ended December 31, 2023. The financial statements have been prepared in “accordance with the International Financial Reporting Standards (IFRS) and audited… Read More

Riskified, an E-Commerce Fraud Prevention and Risk Intelligence Firm, Reports Steady Business Growth

Riskified Ltd. (NYSE: RSKD), a firm focused on addressing e-commerce fraud and risk intelligence, announced financial results for the three months ended March 31, 2024. Eido Gal, Co-Founder and Chief Executive Officer of Riskified said: “Our commitment toward profitable growth has yielded exceptional results, as… Read More

Bitcoin Suisse Reports Steady Growth and Profits for Q1 2024

Bitcoin Suisse reports on its 2023 financial result and provides an outlook into 2024. During a phase of what market insiders commonly refer to as “crypto winter”, the company streamlined its offering, increased the scalability and efficiency of its infrastructure, and invested into future products… Read More

Galaxy Digital Reports Steady Growth in Q1 2024

Galaxy Digital Holdings Ltd. (TSX: GLXY) released financial results for the three months ended March 31, 2024, for both itself and Galaxy Digital Holdings LP. Galaxy says that it continues “to work on completing its proposed reorganization and domestication to become a Delaware-incorporated company and… Read More

BNPL Fintech Affirm’s Stock Sinks After Solid Earnings

Affirm (NASDAQ: AFRM), a Fintech focused on BNPL services, delivered another set of solid results/earnings in their third fiscal quarter. Affirm is reporting $6.3 billion in gross merchandise volume (GMV). The Fintech firm is reporting $576 million in revenue, $231 million in revenue less transaction… Read More

Bitcoin focused MicroStrategy Announces Q1 2024 Results, Company Holds 214,400 BTC

MicroStrategy Incorporated (Nasdaq: MSTR), which claims to be the largest corporate holder of bitcoin and the largest independent publicly-traded business intelligence company, announced financial results for the three-month period ended March 31, 2024 (the first quarter of its 2024 fiscal year). While Bitcoin is off… Read More

Pacaso, the Real Estate Marketplace, Reports $1 Billion+ in Cumulative Revenue for 2023

Pacaso, the technology-enabled real estate marketplace that helps people buy, co-own, and sell a luxury second home, announced significant milestones for the year 2023 with cumulative revenue in the Pacaso real estate portfolio surpassing $1 billion. In 2023, Pacaso claims that it has “grown its… Read More

BIGG Digital Assets Releases Unaudited Results for Netcoins During Q4 2023, Introduces Crypto Trading API

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of TerraZero, Netcoins, and Blockchain Intelligence Group is pleased to announce select unaudited financial results for Netcoins’ Q4 2023 and the launch of its Crypto Trading API. Assets under Management… Read More

PeerBerry Platform Is Planning to Onboard 10 New Lenders in H1 2024

PeerBerry recently completed the repayments of the last Polish loans. Over €20 million of Polish loans (plus accrued interest) were “repaid to investors in November and December.” Previously, loans issued in Poland accounted “for about 25% of all loans” funded through the PeerBerry platform. PeerBerry… Read More

Bondora Reports Over €10M in Loans Originated in Finland

Bondora reveals that November showed signs of slightly less activity for loan originations. Bondora noted that Finland remains “the most robust loan market, with over €10M in loan originations in November alone.” Due to strategic risk policy changes, “the Spanish market is also temporarily closed… Read More

Thredd, the Issuer Payments Platform, Reports Steady Business Growth in 2023

Thredd, the issuer payments platform, announced that 2023 will deliver the “best” performance in the company’s history. With strong support from investors including Advent International, Viking Capital, Temasek and Mission OG, Thredd expanded its leadership role in “the payment ecosystem, driving client-centric expansion across global… Read More

European Insurtech Prima Seguros Shares Business Expansion Plans for 2024

Prima Seguros, an Insurtech that acts as an insurance agency specialized in the automotive sector, aims to “reach 100,000 active clients in 2024, more than doubling its premiums to 20 million euros.” This update comes after a successful first year of operations in the country,… Read More

Fintech Trumid Reports Record Monthly Activity via Electronic Bond Trading Platform

Fintech Trumid recently reported its November 2023 performance stats. Trumid noted in a blog post that the electronic bond trading platform announced record monthly activity. Trumid, a financial technology company and fixed income electronic trading platform, is reporting record trade volume and user participation highlights… Read More

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