Tagged: milestone

June 20, 2025 @ 4:27 pm By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced that its central securities depository subsidiary, The Depository Trust Company (DTC), has surpassed “$100 trillion in assets under custody as overall U.S. market capitalization continues to rise.”… Read More

June 16, 2025 @ 8:04 am By Omar Faridi  |  

In a significant achievement for the private markets industry, Partners Group, a global private markets firm, announced that its private credit evergreen fund has reached EUR 2 billion (approximately USD 2.31 billion) in size. This milestone underscores the growing investor appetite for private credit and… Read More

June 9, 2025 @ 7:42 am By Omar Faridi  |  

European investment platform Bondora says that it continues to solidify its position as a trusted name in online investing. Marking the seventh anniversary of its flagship product, Go & Grow, Bondora has shared an update that highlights its growth and commitment to investors. Go &… Read More

May 11, 2025 @ 10:57 pm By Omar Faridi  |  

European investment platform Bondora Group remains focused on serving as a partner for investors and borrowers, achieving key milestones that underscore its commitment to accessible financial services. Bondora’s recent financial report, coupled with significant March 2025 statistics as well as insights from CEO Pärtel Tomberg’s… Read More

May 7, 2025 @ 7:52 am By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has surpassed $1bn of lending in the US since it began lending there in July 2023, marking another major milestone in its US expansion. With a focus on supporting lower mid-market businesses with revenues between $1m and… Read More

May 4, 2025 @ 9:55 pm By Omar Faridi  |  

Klarna, the AI-powered payments and commerce network, crossed 11 million active customers and has doubled its merchant base in a year “to 60,000, launching with names like Argos, eBay, Eurostar and John Lewis.” The UK is now Klarna’s third-biggest market globally, “with revenue up 30%… Read More

May 3, 2025 @ 12:33 pm By Omar Faridi  |  

PeerBerry is reporting more than €3 billion in total funded loans and over 100 000 in total users. In April, PeerBerry reached a significant milestone of €3 billion in total funded loans via their online investment platform. The total number of platform users has now… Read More

May 2, 2025 @ 9:01 am By Omar Faridi  |  

Kin, the direct-to-consumer, digital home insurance provider, announced it surpassed $100 billion in total insured property value. This milestone reinforces Kin’s position as the “tech-forward” direct-to-consumer homeowners insurance provider and “reflects its accelerated growth trajectory.” Kin grew total insured value (TIV) from “$10 billion to… Read More

April 26, 2025 @ 3:24 am By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced significant achievements in handling “unprecedented” market volatility, showcasing the firm’s robust technology infrastructure, resiliency, and risk management capabilities. During the recent market volatility, DTCC reached “new peak… Read More

April 10, 2025 @ 8:04 am By Omar Faridi  |  

Bitcoin (BTC) and Ethereum (ETH) have solidified their positions as robust, decentralized networks with potential for growth and adoption across web3 and DeFi. Recent milestones—Ethereum’s evolving ownership landscape and Bitcoin’s record-breaking hashrate (basically the amount of computing power securing the BTC network)—underscore their resilience and… Read More

April 7, 2025 @ 11:00 pm By Omar Faridi  |  

Digital bank Revolut has reportedly achieved significant milestones that underscore its steady growth and strategic vision. Revolut has surpassed one million retail customers in Switzerland, cementing its position as a digital banking solution in the European country. Revolut is also setting its sights on a… Read More

March 23, 2025 @ 11:52 pm By Omar Faridi  |  

Nordic challenger bank Lunar has announced reaching 1 million users, a significant milestone in its mission to transform the banking experience for individuals and businesses across the Nordics. The achievement of 1 million users highlights Lunar’s growth in the Nordic banking landscape. Ken Villum Klausen,… Read More

March 7, 2025 @ 4:16 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, announced that its BrokerTec business reached a new single-day volume record of $1.05 trillion in average daily notional volume (ADNV) traded on March 3. Surpassing the ADNV of $909B for February 2025, this latest all-time high was reportedly driven by… Read More

March 6, 2025 @ 8:15 am By Omar Faridi  |  

Dune now supports 100 chains, making it the one of the most comprehensive crypto data platforms, according to its developers. The team behind Dune noted that in the fast-evolving world of blockchain and web3, crypto data is the “lifeblood of innovation.” The update from from… Read More

February 25, 2025 @ 10:06 am By Omar Faridi  |  

Digital interactions by Bank of America (NYSE: BAC) clients grew 12% last year, reaching an all-time record 26 billion interactions through a combination of digital logins and proactive alerts. Innovative digital capabilities are enhancing experiences for the company’s more than “58 million verified digital clients… Read More

February 18, 2025 @ 9:34 pm By Omar Faridi  |  

Cactus Custody announces the completion of its SOC 1 Type 1 attestation, underscoring its focus on maintaining operational standards, accurate financial reporting, as well as digital asset security. This latest milestone for Cactus Custody reflects their ongoing commitment to providing secure, reliable custody solutions that… Read More

February 16, 2025 @ 6:25 pm By Omar Faridi  |  

R3, the financial markets digital solutions provider, announces considerable momentum across projects, having reached the milestone of $10 billion in on-chain real-world assets (RWAs) across live Corda-based platforms, with over “1 million transactions processed each day.” Following the launch of its Digital Markets product suite… Read More

February 6, 2025 @ 6:40 pm By Omar Faridi  |  

Santander Bank, N.A. (NYSE: SAN) announced that the Openbank digital bank platform topped $2 billion in total deposits since going to market in the United States in the fourth quarter of 2024. This achievement is said to represent a key milestone in the Santander US… Read More

January 11, 2025 @ 6:33 pm By Omar Faridi  |  

Six years after its market launch, Trade Republic has reportedly doubled its customer base to 8 million. Collectively, these customers manage assets worth 100 billion euro, making Trade Republic the “largest broker” in Europe and strengthening its position as the savings platform. The introduction of… Read More

January 3, 2025 @ 4:51 pm By Omar Faridi  |  

Bitso, the crypto-driven financial services company in Latin America, has recently marked its 10th year of year operations in 2024 by announcing that its Bitso Retail division has surpassed 9  million users globally, “tripling its customer base in just three years.” As of December 2024,… Read More