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March 2021 Report & Evaluation. It’s this time of the time once more, and… | by Alyona Shepilova | The CPAY Weblog


It’s this time of the time once more, and we’re coming again to you to share the newest. New milestones, new tasks, new horizons — we’ve obtained a bit little bit of all the things actually, however we’d like to start out like we at all times do. With the numbers.

Numbers

Whole March 2021 income: € 1,389,052
March 2021 Income share: € 138,905
Share per 100 CPAY: € 0.154
Distribution date: April ninth, 2021
March 2021 Income share in ETH: 79.2720 ETH

Evaluation

Issues have by no means seemed so good for Bitcoin as we’re coming into the seventh month of euphoric progress that started on the finish of the final yr. Having jumped and touched the $61k mark a month in the past, the coin is now confidently buying and selling just under. An essential milestone for ETH as properly, as for the primary time in historical past it reached 2K ETH/USD. It begins to look rather a lot like a marathon, and we hope that our runners received’t be out of breath anytime quickly.

After all, the extra highly effective cryptocoins get, the extra energy they require: the know-how’s rising power consumption and its impression on our local weather are disheartening. Fortunately, there appears to be an rising resolution to this downside headed by Crypto Local weather Accord that pledges to decarbonise the trade and make crypto inexperienced. The Accord, impressed by the Paris Local weather Settlement, is a non-public sector-led initiative for your entire crypto group targeted on decarbonizing the cryptocurrency trade in document time. You’ll be able to examine their aims and rules right here and share with us what you take into consideration this initiative and its viability.

Income

We’re persevering with with the regular progress: general, in March 2021, the income was 5% higher than the final month. B2B was up 25%, whereas B2C, with out the extra income we wrote about final month, reverted to ‘regular’ volumes and was down 28% in comparison with February 2021. Nonetheless, the cardboard programme is continuous to develop and prosper (up 30%).

In B2B, we’re planning to implement a complete and detailed method to this a part of the product by the tip of 2Q 2021 and will likely be pleased to share the information within the upcoming months. It will embody workforce enlargement, product growth and far more. Within the meantime, we’re concentrating on the present retailers and dealing in direction of partnerships with new ones.

In the meantime, B2C has been far more energetic these days. At the beginning, we’ve applied digital verification for brand new customers from the UK.

Digital verification (EKYC) signifies that customers received’t want to offer paperwork, solely enter the important info similar to their title, date of start and ID quantity. The method that beforehand might take just a few hours now takes a couple of minutes, which signifies that our customers can now work together with their new account nearly instantly. Veni, vidi, vici!

You might need additionally observed our new Financial savings web page — a bit sneak peek on the product we’re planning to introduce later this yr. You’ll be able to test it out now and depart your e-mail in the event you’d like us to share the updates with you.

Keep tuned — there’s a lot extra the place that got here from!

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