Connect with us

Hi, what are you looking for?

TheBuzz.today

Tech

African crypto usage spurs Luno as customers reach 7M – TechCrunch


The crypto industry as a whole has seen a momentous year of growth, heavily spurred on by the entrance of institutional investors adopting bitcoin due to its store of value properties. The 2020 spike bitcoin experienced was also accelerated by its global adoption as the number of global cryptocurrency users surpassed 100 million in Q3 2020.

For Luno, a U.K.-based crypto company founded by Marcus Swanepoel and Timothy Stranex in 2013, it grew to 6 million customers from January 2020 to January 2021. However, that number has since gone up to 7 million. Today the company, headquartered in London, has nearly 400 employees across London, South Africa, Malaysia, Indonesia, Nigeria and Singapore, with customers in 40 countries globallyClick here to view the original article.

Advertisement

You May Also Like

Daily Beast

Fox News host Tucker Carlson continued his reckless mission to mainstream vaccine skepticism on Wednesday night by dangerously speculating that thousands of Americans have...

Daily Beast

Trevor Noah on Wednesday reacted to the news that former President Donald Trump had launched what Fox News, in an exclusive report, called a...

Tech

Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result....

Popular

A federal judge on Wednesday ruled against one of the government’s most sweeping pandemic responses, claiming that the CDC’s temporary moratorium on evictions should...

Copyright © TheBuzz.today | Privacy Policy