Back in August 2021, we announced that Request Finance’s fast and simple app to generate, track, and pay invoices was made available to the rapidly expanding community of users transacting on Fantom.
We’re delighted to report that the use of the Request Finance app has scaled with Fantom, which has been one of the fastest growing protocols in the industry. - Christophe Fonteneau, Head of Partnerships & Biz Dev at Request Finance.
Since Request’s launch on Fantom at the end of August last year, the number of unique Fantom wallet addresses has grown 440% to reach 1.9 Million. Total value locked (TVL) on the network has grown by an astonishing 1,248% to reach $9.2 Billion.
Through this period, the Fantom Foundation has relied on Request Finance to manage payments to its expanding team of employees and contractors. Similarly, the surging wave of projects flocking to Fantom for its low-fees, and fast transaction finality are also increasingly using Request Finance to streamline invoicing, and support their DAOs’ treasury management through integration with multi-sig wallets like Fantom Safe.
We want to continue supporting our rapidly-growing community of builders and users in the Fantom ecosystem, helping project teams to easily manage and keep track of their payments made on the Fantom Network.
“Request Finance has greatly helped reduce the Fantom Foundation’s operational overhead. It has made working with contractors, grantees, and many others incredibly easy and efficient” - Simone Pomposi, CMO at Fantom.
Request Finance allows users to easily keep track of the payments being sent and received over time, and even reconcile the data to accounting software like Xero and Quickbooks. By connecting directly to the wallets of users' accounts on Request, project teams no longer have to copy and paste individual wallet addresses. With Request, you can confidently pay to hundreds of different wallet addresses in just a few clicks.