Arf, the global liquidity and settlement platform, has been recognized for its outstanding contributions to the payments industry. At The PAY360 Awards, hosted by The Payments Association in London on October 4th, Arf was honored with the prestigious Gold PAY360 Award for “Best Lending Initiative.” This award highlights the company’s leadership in lending innovation and its commitment to transforming the payments landscape.
Arf, co-founded by CEO Ali Erhat Nalbant, has made significant strides in empowering financial institutions to access daily liquidity and achieve real-time settlements without the need for prefunding. By solving key industry challenges, Arf has facilitated $400 million in loans and generated nearly $0.5 billion in on-chain volume within just 10 months. With this recognition, the company aims to expand its reach and provide better financial services worldwide.
Speaking about the award, Nalbant expressed delight, stating, “We are delighted to receive this recognition as the industry’s best lending initiative.” Arf’s innovative infrastructure has revolutionized global payments by leveraging Web3 technologies in a fully transparent manner. As a Swiss-regulated liquidity and settlement platform, Arf bridges the gap between Web3 and TradFi (traditional finance), offering a powerful tokenized RWA (real-world asset) use case backed by receivables. This unique approach has positioned Arf as a pioneering example of how blockchain and cryptocurrency can shape the future of finance.
Notably, this is not the first time Arf has been recognized at the PAY360 Awards. Last year, the company received the Silver Award in the “Best Use of Crypto and/or Blockchain in Financial Services” category, further solidifying its position as a leader in the industry.
Arf’s achievements highlight the growing importance of fintech and blockchain technology in the financial sector. With its innovative solutions, Arf is transforming the way financial services are accessed and delivered, providing greater convenience, efficiency, and transparency for users.
As the company looks to the future, Arf remains committed to enabling wider access to better financial services across the globe. Through its groundbreaking initiatives, Arf continues to lead the way in lending innovation and shape the future of global payments.
More detail via Benzinga here… ( Image via Benzinga )