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


Alyona Shepilova

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

Numbers

Complete 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 regarded so good for Bitcoin as we’re getting 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 vital milestone for ETH as nicely, as for the primary time in historical past it reached 2K ETH/USD. It begins to look loads like a marathon, and we hope that our runners received’t be out of breath anytime quickly.

In fact, the extra highly effective cryptocoins get, the extra energy they require: the know-how’s rising power consumption and its influence 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 personal sector-led initiative for your entire crypto group centered on decarbonizing the cryptocurrency trade in document time. You’ll be able to examine their aims and ideas 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: total, 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 constant 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 top of 2Q 2021 and shall be blissful to share the information within the upcoming months. This may embody workforce enlargement, product growth and rather more. Within the meantime, we’re concentrating on the present retailers and dealing in the direction of partnerships with new ones.

In the meantime, B2C has been rather more energetic recently. Firstly, we’ve carried out digital verification for brand spanking new customers from the UK.

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

You may need additionally observed our new Financial savings web page — a little 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 electronic mail in the event you’d like us to share the updates with you.

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

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