Request Invoicing in Numbers: April 2021 | Request

This article was first published on Request - Medium

👋 Good day Request Enthusiasts!

It’s time for another monthly update on the product usage and metrics of Request Invoicing. You can find the previous edition of Request Invoicing in Numbers for March on our blog.

This report is intended to bring the highest amount of transparency to our user base, community, and others who are interested in learning more about Request.

Note: This report exclusively looks at usage data from the Request Invoicing product and leaves out data from Request Create and/or direct protocol integrations in third-party apps such as Multis & Gnosis Safe. Additionally, this post doesn’t consider the invoices and payments managed in FIAT since the primary focus currently for Request is strictly on cryptocurrency.

Cumulative payments amount

We’re thrilled to announce that Request Invoicing has reached a significant milestone in processing over a total amount of $17 million in cryptocurrency transactions since September 2020. As shown in the chart below, the accumulated payment amount has tremendously soared in April after processing roughly $15 million of transactions in cryptocurrency during that month.

This amount doesn’t take into account the transactions made in FIAT, such as USD and EUR. While we continue to receive a decent amount of invoices paid in traditional currencies, this report will only be covering invoices issued and paid in cryptocurrencies, as mentioned before.

New registered accounts

New accounts represent new businesses and freelancers onboarding to Request Invoicing. As illustrated in the chart below, our user base is growing at around 22% per month since January.

This growth can be attributed to our ongoing business developments with top crypto companies in addition to delivering more features to our product for a better user experience. For instance, we recently added more cryptocurrency options for invoices to be denominated in fiat-more info about this feature can be found in our ...

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Request - Medium

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