Tagged: progress report

January 10, 2022 @ 12:04 am By Omar Faridi  |  

The team at Indian Fintech Zeta says that it has been a great year in the US. Their journey is just getting started, the company reveals in an update. Bhavin Turakhia, Co-founder and CEO at Zeta, notes that he’d like to share a short recap… Read More

January 7, 2022 @ 6:39 pm By Omar Faridi  |  

The team at Blockchain.com, a leading block explorer, crypto wallet, and trading platform, says that 2021 witnessed a “fourth” major bull cycle for Bitcoin (BTC) and other crypto-assets. Historically, in the years that followed the previous large bull markets, we’ve seen “a struggle to hold gains… Read More

January 7, 2022 @ 1:27 am By Omar Faridi  |  

The team at Mintos, an investment firm that claims to be the leading alternative investment platform in the European Union, says they’ve made “big things” happen at Mintos in 2021, resulting in “a lot of transformative change.” According to Mintos, the loans asset class (for… Read More

January 6, 2022 @ 9:57 am By Omar Faridi  |  

The team at DFINITY writes in an extensive update that in 2021, it was another solid year of developer and community growth on the Internet Computer. As noted in a blog post by DFINITY, 2021 marked the Internet Computer’s public launch, which “catalyzed an explosion… Read More

January 6, 2022 @ 2:22 am By Omar Faridi  |  

European lender Bondora notes that the secondary market ended 2021 with a relatively slow December. Bondora writes in an update, dated January 4, 2021, that after picking up slightly again in November, Secondary Market transactions “fell to €250,404” in December 2021. According to Bondora, this… Read More

January 3, 2022 @ 11:21 pm By Omar Faridi  |  

The team at ChargeBee notes that for the year it had to follow, 2021 had “a relatively low benchmark to beat in terms of popularity.” ChargeBee, a San Francisco-based financial services firm that’s helping subscription-based businesses stay “agile and adapt their revenue operations workflows to… Read More

January 3, 2022 @ 5:06 pm By Omar Faridi  |  

As 2021 came to an end, LeaseLock reflected on the considerable growth they have achieved alongside their customers, business partners, advisors, supporters, and colleagues. From securing $52 million in a Series B investment round, to exceeding $2 billion in leases insured, to launching a major… Read More

January 2, 2022 @ 9:46 am By Omar Faridi  |  

Lemonade (NYSE:LMND), the insurance firm that’s powered by AI and behavioral economics, notes that the end of the year 2021 is a time for “sitting back, taking stock, and reflecting on the past twelve months.” Although the Insurtech firm “doubtlessly” made a few mistakes along… Read More

January 1, 2022 @ 10:19 pm By Omar Faridi  |  

The team at European lender Bondora notes that 2021 was another “unexpected” year as they’ve learned to “adapt to a new normal.” But from change “comes growth,” Bondora writes in a blog post while adding that they’d like to take the a moment to highlight… Read More

December 31, 2021 @ 2:53 pm By Omar Faridi  |  

Another year is winding down and the team at Mercury Bank has reflected on some of their “favorite” moments of 2021. Mercury Bank say they’re grateful to have had their clients with them along the way. During 2021, Mercury finalized a $120 million Series B… Read More

December 29, 2021 @ 3:55 pm By Omar Faridi  |  

Anil Stocker, CEO at UK-based MarketFinance, a leading online lender that raised £280 million in debt and equity (earlier this year) and was approved for flex loans, notes that for most businesses in the United Kingdom, 2021 presented both opportunities and challenges (and that was… Read More

December 28, 2021 @ 2:18 am By Omar Faridi  |  

This week, crypto (again) reached “record levels” of investment while industry professionals gathered to predict the key trends for the sector in 2022, the team at Sygnum Bank wrote in a blog post. At the same time, Sygnum has introduced a structured product offering (what… Read More

December 27, 2021 @ 11:28 am By Omar Faridi  |  

Return rates for 2021 Bondora originations continue to “perform well” in November, as they did in October of this year. Spanish originations kept rising above the target rate for 2021, along with other rates for the past couple of years. Overall, it was “a steady… Read More

December 26, 2021 @ 8:30 pm By Omar Faridi  |  

Decentralized applications store DappRadar recently published their annual Dapp Industry Report, highlighting records for the decentralized application (dApp) space. As noted in a release shared with CI, 2021 saw the blockchain or distributed ledger tech (DLT) industry expand “across verticals, with usage growing sevenfold as… Read More

December 26, 2021 @ 1:17 pm By Omar Faridi  |  

The team at European online lender EstateGuru notes that during 2021, they have primarily focused on developing their loan origination tech and hiring new loan managers and credit analysts. This has helped them to support the relatively high volume of loan projects while maintaining a… Read More

December 19, 2021 @ 11:54 pm By Omar Faridi  |  

After two months of declining, Secondary Market activity on Bondora has reportedly picked up again, albeit “with a very slight 2%.” As mentioned in an update from Bondora, a total of €257,149’s worth of transactions “took place in November, compared to €252,126 in October.” Bondora… Read More

December 16, 2021 @ 11:43 pm By Omar Faridi  |  

Haiyan Huang from marketplace lender Prosper has shared performance data from the Prosper Portfolio for November 2021. Here are the key highlights (shared by Prosper) from the report. Performance Update In November 2021, around 62% of loan originations “were rated AA-B.” Average loan size “decreased… Read More

December 13, 2021 @ 10:09 am By Omar Faridi  |  

The team at European P2P lender Bondora notes that the end of the year “looks bright” as they celebrate “yet another month of loan origination highs.” Last month, Bondora originated over €20.5M in loans—which is notably “the second-highest amount in Bondora’s history.” The current origination… Read More

December 5, 2021 @ 1:24 pm By Omar Faridi  |  

Croatian P2P lender Robocash has shared the key results for the month of November 2021. Robo.cash writes in a blog post that less than a month before Christmas, they are “pleased to share the platform’s news for November.” The lending platform noted that loans worth… Read More

December 3, 2021 @ 7:55 am By Omar Faridi  |  

Aaron Henshaw, Head of Coinbase Cloud Engineering, says that it’s no secret that crypto is gaining mainstream appeal, with the international cryptocurrency market cap reaching an all-time high of $3 trillion for the first time, the total value locked in DeFi reaching $250 billion, and… Read More