The milestone represents a significant acceleration in growth for the London-headquartered business, having hit 2 million users just four months ago, in January this year.

Mercuryo is a global payments platform, providing businesses from both fiat and crypto worlds with a wide range of financial services, accessible through single API integration. Since its inception in 2018, Mercuryo has secured over 200 partners, working with leading industry players such as Binance, Trust Wallet and 1inch, to accelerate growth and boost revenues for enterprises worldwide.

2021 was a breakthrough year for Mercuryo as it expanded into Asian and US markets. It also added Apple and Google Pay support to its offer, and launched IBANs to help companies and individuals open full-fledged banking accounts - combining fiat and crypto services in one app. In June 2021 it raised €12.5 million in its Series A funding round, led by Target Global.

So far in 2022 the company has seen growth soar, with a 39% increase in revenue in the first four months of the year compared to the same period last year. The company is scaling fast and has plans to expand their product offering in the coming months.

Petr Kozyakov, CEO of Mercuryo, comments:
“Reaching 3 million users worldwide is a major milestone for us. Reaching it so quickly is welcome proof that our mission, to reinvent the payments landscape and bridge the gap between traditional fiat and cryptocurrency assets, is gaining even more momentum.”

“The opportunities for linking crypto and fiat currencies are abundant. From crypto projects that require fiat solutions (like fiat on and off ramps and IBANs), through to crypto for traditional fiat systems, and solutions for fintech companies that enable clients to buy or sell crypto within their own infrastructure.

“Our belief is that crypto is a game-changer for cross-border payments and settlements between parties. ‘Business payments made easy’ is the future we are working towards. Our mission is to give every business the chance to become global. We are delighted to have reached this significant moment in that journey.”