Request Finance in Numbers: April 2025 - ATH in number of payments (+31%)

Commentary for April 2025

We help businesses involved in crypto and fiat. We prioritize partnering with the safest chains, stablecoin issuers, and infrastructures to power crypto and fiat Accounts Payable, Accounts Receivable, Accounting, Payroll, and Expense Payments. 

At the product level. 

Major Updates for Request Ops: 

Private Payments: When paying using Aleo chain, users can select to pay privately, hiding payment details in Aleo explorers (Learn more)

Vendor Menu: New menu for users to easily manage vendors from imported bills

Data Segregation for Approvers: When an approval policy is active, approvers can only see payables assigned to them, ensuring strict need-to-know policies

Major Updates for Request Accounting: 

Bridge Transactions: Users can now Link transactions as Bridge Transfers

Wallet and Exchange Import: New user interface

Request Finance powers crypto-to-fiat payouts to 190+ countries for 20+ fiat currencies, including EUR, USD, GBP, AUD, SGD, JPY, KRW, IDR, HKD, THB, NZD, CHF, INR, and AED; see the list here. 

Crypto Payment Options

The number of payment networks and cryptocurrencies supported on Request Finance is second to none and continues to grow monthly. Businesses can send and receive payments in 380+ cryptocurrencies and stablecoins, 20+ fiat currencies, and 20 blockchains. 

If you’d like to see a token or chain supported in Request Finance, contact us on Twitter! 

Request Finance is the ultimate finance platform for crypto and fiat Operations, powering Accounts Payable, Accounts Receivable, Accounting, Payroll, Expenses, and flexible payments for enterprises. 

Our extensive support for new payment options enables projects across different chains to transact seamlessly with each other in their preferred token.

Number of crypto payments in April: 6,940

The number of crypto payments made in April saw a 31% rise in monthly new payments. 

The total number of crypto and fiat payments made on Request Finance stands at 120,224.

Value of crypto payments in April: $31.4m  

A key success indicator at Request Finance is the dollar value of crypto payments made through the platform. Around $1+ bilion of cryptocurrency payments have been made through the Request Finance platform. 

Around $31.4 million in crypto invoices were paid in April alone. 

Top cryptocurrencies: USDC, USDT, SAND, ANKR, cUSD

Another data point to track is which cryptocurrencies are most often used on Request Finance. 

USDC continues to be the most preferred cryptocurrency being used on Request Finance, accounting for about 37% of all crypto payments made by our mostly enterprise users. 

Stablecoins are a popular choice for enterprise crypto payments, making up 75% of the crypto payments on Request Finance. 

The popularity of stablecoins can be explained by the same reasons most people prefer to transact in fiat currencies rather than volatile assets like cryptocurrencies or commodities. Their stable prices make them ideal as a medium of exchange and a unit of account, two essential money features.

USDT came in second, accounting for about 29% of the total payments in Request Finance, followed by SAND (7%) and ANKR (4%). 

You can find the complete list of currencies supported in the Request Finance app here.

Top payment networks: Ethereum, Polygon, BNB Chain, Arbitrum, and Celo

The Ethereum network is the preferred payment network, and about 65% of crypto payments processed through Request Finance are made on it. 

Polygon secured second place with 12% of the crypto payments volume. BNB Chain followed in third place, accounting for 8% of transactions made through Request Finance.

Through this monthly report, we hope to provide an overview of what’s happening with Request Finance and the data driving our product development decisions. We hope our transparency commitment will inspire new users to take their first steps into invoicing and payments with cryptocurrency for their business.