Stablecoin-powered payments startup Timon has surpassed 100,000 user signups, driven by growing demand for cross-border payment services and international expansion.

The milestone comes after the company added 50,000 new users during the first half of 2026, matching the total number of signups it recorded over the previous two years combined.

User Growth Doubles in Six Months

Founder and Chief Executive Officer Tomi Ayorinde said Timon entered 2026 with 50,000 users and doubled that figure within six months while recording its highest-ever customer conversion rate.

He noted that the growth reflects increasing demand for the company's stablecoin-powered payment platform, particularly among users making international transactions.

Expansion Drives International Adoption

According to Timon, the company has expanded the number of countries users can send money to, strengthening its cross-border payment network and attracting new customers through strategic partnerships.

Ayorinde said the company is also seeing organic demand from new international markets, signalling growing adoption beyond its existing user base.

Referral Programme Boosts Customer Acquisition

Timon also reported strong results from a redesigned referral programme, which increased referrals by 900% and generated more than 200 successful referrals during its first week.

The company credited its growth to close collaboration across its product, engineering, operations, growth and customer support teams, enabling it to scale rapidly while maintaining operational efficiency.

Looking ahead, Timon plans to continue expanding its payment infrastructure and international reach as demand for fast, low-cost cross-border payments continues to grow.