Tagged: milestone

May 3, 2024 @ 8:23 am By Omar Faridi  |  

Estateguru is pleased to announce that their investors have now provided €800,000,000 in funding through their platform. The projects they have funded are now said to be “a feature of the modern European landscape, and a testament to the constructive power of informed investment.” The… Read More

April 23, 2024 @ 9:21 pm By Omar Faridi  |  

The future is multichain, according to an update from Uniswap Labs. Over 3M addresses have swapped on multiple chains with Uniswap, the team at Uniswap Labs reveals. As covered, the Uniswap Protocol claims to be the largest decentralized trading and automated market-making protocol on Ethereum… Read More

April 5, 2024 @ 10:55 am By Omar Faridi  |  

Chainalysis is marking its 10th year of operations this spring, and they’re reflecting on how far they’ve come with their clients and how the’re continuing to evolve with the rapidly changing ecosystem. Chainalysis notes in a blog post that the market revival we are experiencing… Read More

March 28, 2024 @ 2:50 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the world’s largest digital financial services platforms, has just reached the milestone of four million customers in Nubank PJ, which offers solutions for entrepreneurs. This number represents an increase of “around 50% compared to the previous year,… Read More

March 14, 2024 @ 6:49 pm By Omar Faridi  |  

Stripe’s mission is to grow the GDP of the internet. The core idea behind the company—one they endeavor to take very seriously—is that we’re still early in the journey of software-driven innovation, and Stripe is “an applied exercise in thinking through some of the corollaries… Read More

February 26, 2024 @ 11:52 am By Omar Faridi  |  

Balance, Canada’s digital asset custodian, is pleased to announce that it has once again surpassed $2B worth of assets under custody (AUC). Balance’s CEO, George Bordianu said: “Our focus since day one has been to build a world-class custodian for companies working with digital assets…. Read More

February 15, 2024 @ 10:54 am By Omar Faridi  |  

Allica Bank – the fintech challenger bank specifically focused on established businesses with over ten employees – has revealed it has completed more than £2 billion in lending to UK businesses, with 80% of that being to businesses outside of London. Allica bank, which made… Read More

February 11, 2024 @ 3:25 pm By Omar Faridi  |  

XTransfer, the B2B cross-border trade payment platform, announces a key milestone in its partnership with Deutsche Bank. Deutsche Bank has executed XTransfer’s first onshore Thai Baht (THB) trade in Thailand, “leveraging the latest version of the Bank of Thailand‘s Non-Resident Qualified Company (NRQC) rules.” Under… Read More

February 10, 2024 @ 4:17 pm By Omar Faridi  |  

Farther, which claims to be among the nation’s leading technology-centric wealth management firms, announced recently its latest assets under management (AUM) of $2.2 billion, demonstrating a 4x year-over-year increase. Since its founding in 2019, Farther claims that it has “experienced record-breaking growth, fortifying its position… Read More

February 10, 2024 @ 4:13 pm By Omar Faridi  |  

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

December 30, 2023 @ 3:06 pm By Omar Faridi  |  

BridgeFT, an API-first, cloud-native wealth infrastructure software company that enables financial institutions, Fintech innovators, and registered investment advisors to deliver better, data-driven outcomes for their clients, announced that the total assets under management powered by BridgeFT’s WealthTech API across its client network grew by “more… Read More

December 27, 2023 @ 10:09 pm By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) claims that it has had a “busy” and “productive” 2023, marked by the achievement of several significant milestones and the launch of new initiatives. This included the opening of new offices “in New York and London, strategically positioning… Read More

December 19, 2023 @ 11:44 pm By Omar Faridi  |  

Allica Bank – the fintech challenger bank specifically focused on serving established businesses with 10-250 employees – now reportedly has 2,000 business current account customers after launching earlier this year. Compared to the millions of UK microbusinesses, the established SME segment that Allica is dedicated… Read More

December 18, 2023 @ 9:28 am By Omar Faridi  |  

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

December 10, 2023 @ 6:25 pm By Omar Faridi  |  

Oxane Partners, a technology-driven solutions provider to private markets, announced that it has achieved global information security accreditations by successfully completing Systems and Organizations Control (SOC) audits and the International Organization for Standardization (ISO) 27001 certifications. These accreditations underscore Oxane’s commitment “to maintaining the highest… Read More

December 8, 2023 @ 1:19 pm By Omar Faridi  |  

CME Group, which claims to be one of the world’s leading derivatives marketplaces, reported its November 2023 market statistics, “reaching an average daily volume (ADV) of 28.3 million contracts during the month, an increase of 21% over 2022 and the company’s highest-ever November ADV on… Read More

December 1, 2023 @ 4:07 pm By Omar Faridi  |  

CME Group, which claims to be one of the world’s leading derivatives marketplaces,  announced that open interest in its deeply liquid U.S. Treasury futures “set a new record of 21,428,757 contracts on November 24.” This year, the notional value of open interest “in CME Group… Read More

November 29, 2023 @ 9:09 pm By Omar Faridi  |  

Bybit, a globally-accessible cryptocurrency exchange, is pleased to announce a new milestone in its growth journey: surpassing 20 million registered users. According to the firm, this milestone underscores Bybit‘s position “at the forefront of the crypto industry, celebrating its 5th anniversary this December.” Since its… Read More

November 26, 2023 @ 10:54 pm By Omar Faridi  |  

Crezco, a UK fintech company using open banking to make B2B invoice and bill payments as convenient as B2C card payments, has achieved several major business milestones through securing funding and integrating its technology into global small business platform Xero. Crezco has secured $12m in… Read More

November 26, 2023 @ 10:21 am By Omar Faridi  |  

Habyt, the flexible housing provider,  announced an exclusive partnership with Singapore-based startup, Rently, that marked a significant milestone in “the evolution of flexible living solutions.” For the first time in the co-living sector, Habyt has introduced “a disruptive rental model which allows new members freedom… Read More