It’s again this time of year and we’re back to you and sharing updates. New milestones, new projects, new horizons – we really have a little bit of everything, but we want to start as usual. With numbers.
Numbers
Total revenue for March 2021: 1,389,052 euros
March 2021 Revenue Share: 138,905 Euros
Stocks per 100 CPAY: 0.154 Euro
Distribution date: April 9, 2021
March 2021 ETH revenue share: 79.2720 ETH
analysis
Things have never looked this good for Bitcoin, as we are entering the seventh month of euphoric growth that began at the end of last year. After jumping and touching the $61,000 mark a month ago, the coin is now trading with confidence. It is also an important milestone for ETH, and it has reached 2K ETH/USD for the first time in history. It starts to look like a marathon and hopes our runners don’t hold their breath anytime soon.
Of course, the more powerful cryptocoins you get, the more power they need. The increased energy consumption of technology and the impact on our climate is discouraged. Fortunately, there appears to be a new solution to this problem led by Crypto Climate Accord. Inspired by the Paris Climate Agreement, the agreement is a private sector-led initiative across the crypto community, focusing on decarbonising the cryptocurrency industry during a record time. You can read and share with us about their objectives and principles here you Think about this initiative and its viability.
Revenue
We continue to grow steadily. Overall, revenues were 5% better than last month in March 2021. B2B has increased by 25%, but B2C has returned to its “normal” volume without any additional revenue I wrote last month, down 28% compared to February 2021. However, the card program continues to grow (up 30%).
B2B plans to implement a comprehensive and detailed approach to this part of its product by the end of the second quarter of 2021, and will be happy to share the news in the coming months. This includes expanding the team, product development, and more. In the meantime, we are focusing on current merchants and working towards partnering with new merchants.
Meanwhile, B2C has become much more active these days. First and foremost, we have implemented electronic verification for new UK users.
Electronic Verification (EKYC) means that users do not need to provide documents and only enter important information such as their name, date of birth, and ID number. A process that could take several hours before takes several minutes. This means that users can now interact with new accounts almost immediately. Beni, Vidi, Vidi!
You may also notice our new savings page. Take a sneak peek at the products we plan to showcase later this year. You can check it out now and leave an email if you want to share your updates.
Stay tuned – there are so many more where it came from!
Billing revenue. Find out how.
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