Wirex Raises Over UK£3.7M in Funding

Funding Rounds

Summary

Wirex, a London, UK-based payments platform sending waves through the fintech and crypto spaces, raised £3.7m in crowdfunding. This has already seen the launch of 5 new currencies on the platform in Eastern European countries, as well as an upcoming release of Wirex’s highly-anticipated multicurrency Mastercard card, and upgrade of its rewards scheme. The company also has ambitious plans to diversify their user base, with an exciting launch in the US and Japan in the pipeline. Created in 2014 by CEOs and co-founders Pavel Matveev and Dmitry Lazarichev, Wirex offers secure accounts that allow customers to store, buy and exchange multiple currencies instantly at the best live rates on one centralised mobile app. The company, which has over three million customers across 130 countries, is based in London with offices in Kyiv, Tokyo, Toronto, Singapore, Dallas and Atlanta.

$ Funding

$
Amount $4.7M Total raised
Date September 21, 2020 Announcement date
Investors - Lead investors
Company https://wirexapp.com Funded company

Classifications

industries
Fintech & Banking
applications
ERP Software

AskAI Classifications

Labels
Financial Technology Cryptocurrency Software SaaS

Linked Companies

WirexApp
$50M to $100M