Wirex is a London, UK-based fintech company founded in 2014 as E-Coin and founded by Pavel Matveev and Dmitry Lazarichev. Dedicated to connecting traditional finance with the cryptocurrency world, Wirex offers a variety of payment solutions, including cryptocurrency wallets, payment cards, cross-border payments, and more.
Products & Services
1. Wirex card
Wirex offers a variety of payment cards, both virtual and physical, supporting multiple currencies and cryptocurrencies. Users can use the Wirex card to pay at merchants worldwide and enjoy up to 8% Cryptoback™ rewards.
2. Wirex Pay
Wirex Pay is a decentralized payment network launched by Wirex that combines zero-knowledge proof (ZK) technology to provide a more efficient and secure payment experience. The platform supports stablecoin payments and is compatible with payment networks such as Visa. wirexapp.com+2CTOL Digital Solutions+2wirexapp.com+2Wirex Pay+2Digital Transactions+2wirexapp.com+2
3. Wirex wallet
The Wirex wallet supports multiple cryptocurrencies and fiat currencies, allowing users to store, trade, and manage on a single platform. The wallet integrates seamlessly with Wirex cards and Wirex Pay to provide a unified user experience.
4. Wirex Enterprise Solutions
Wirex provides customized payment solutions for enterprise customers, including cross-border payments, payroll, and supply chain payments. Businesses can integrate payments through Wirex's API for automated and efficient money management.
Market Positioning & Development
Wirex has a presence in many countries and regions around the world, including the United Kingdom, Europe, Asia and the United States. As of 2024, Wirex has over 6 million registered users and processes more than $20 billion in transaction volume.
Wirex's goal is to become the world's leading digital payment platform, driving the adoption and adoption of cryptocurrencies. Through continuous innovation and business expansion, the company is committed to providing users with a more convenient and secure payment experience.
Regulatory & Compliance
Wirex is approved and authorized by financial regulators in several countries and regions. In the United Kingdom, for example, Wirex has obtained an e-money license from the Financial Conduct Authority (FCA); In Singapore, Wirex is approved by the Monetary Authority (MAS); In the United States, Wirex received a money transfer license from the Georgia Department of Banking and Finance.
Wirex adheres to strict Anti-Money Laundering (AML) and Know Your Customer (KYC) policies to ensure the platform's compliant operations. The company also adopts advanced technical means to ensure the safety of users' funds and data.
Conclusion Wirex
is a leading digital payment platform that has successfully connected traditional finance with the world of cryptocurrencies with its innovative products and services. The company has expanded its business globally and obtained regulatory approvals in many countries and regions, demonstrating strong market competitiveness. However, when using Wirex's services, users should pay attention to the scope of their services and the regions in which they are applicable to ensure that they comply with local laws and regulations.
