Tagged: wirex

March 2, 2025 @ 5:54 pm By Omar Faridi  |  

Wirex, a Web3 money app, has announced the expansion of its stablecoin payment platform, Wirex Pay, to the U.S. This milestone marks a key step in making stablecoin payments more accessible, offering U.S. residents a self-custodial way “to transact with stablecoins.” The expansion is powered… Read More

November 23, 2024 @ 5:57 pm By Omar Faridi  |  

Wirex, a Web3 money app, is pleased to announce a global alliance with Banking Circle, a provider of innovative banking services. This collaboration is expected to significantly enhance Wirex’s financial operations across the globe, empowering users with seamless banking solutions. Under the partnership, Banking Circle… Read More

July 13, 2024 @ 12:51 pm By Tony Zerucha  |  

Web3 company Wirex has launched Whale, a Telegram app targeting the attention economy. Through active engagement, Whale users can earn rewards, gain access to exclusive token deals, and achieve industry recognition. Wirex said Whale is designed to transform attention into a valuable currency in the digital… Read More

February 2, 2024 @ 2:46 pm By Omar Faridi  |  

Wirex, a Web3 money app, is pleased to introduce early access to WPay, which is describe as a decentralized payment network, utilizing the capabilities of the Wirex platform. WPay reportedly solves problems “related to intermediaries, custody risks, and slow, expensive settlements.” With WPay, users can… Read More

January 4, 2024 @ 5:10 pm By Omar Faridi  |  

Wirex, a Web3 money platform, announced a significant enhancement in its measures to combat Dark Web activities and money mule threats. The company has reportedly “incorporated ZeroFox’s Dark Web Monitoring tool into its system, creating a unified solution.” This way, a combination of human and… Read More

November 9, 2023 @ 9:14 am By Omar Faridi  |  

Wirex, a global firm supporting crypto payments with over 6 million users, has announced a partnership with Cenit Finance, a company in tokenomics simulation, in order “to refine and scale the tokenomics of its native utility token, WXT.” This collaboration leverages Wirex’s recently revealed strategic… Read More

March 15, 2023 @ 7:11 pm By Omar Faridi  |  

Wirex, a crypto payments platform, has partnered with card issuer, Novatti, to directly issue cards to Australians. The announcement has the potential “to allow over 20 million people to utilize their innovative multicurrency card every day.” Wirex claims that it “developed the world’s first crypto-enabled… Read More

February 14, 2023 @ 5:59 pm By Omar Faridi  |  

Wirex, a crypto payments platform, has signed a long-term strategic global partnership with payments company network, Visa. This includes “becoming a member of Visa in APAC and the UK that will allow Wirex to directly issue crypto-enabled debit and prepaid cards themselves to over 40… Read More

November 1, 2022 @ 8:06 am By JD Alois  |  

Wirex has announced a new high-yield tool that claims to generate up to 200% returns, a yield that is pretty extreme – perhaps raising more questions than answers. According to Wirex, DUO allows its customers to earn the difference in market price from a trading… Read More

October 24, 2022 @ 3:52 pm By JD Alois  |  

As was reported earlier today, former Chancellor of the Exchequer Rishi Sunak has been selected to become the new Prime Minister, stepping in after Liz Truss was forced out following a rough couple of weeks. Several more comments have filtered in from Fintechs following the… Read More

October 11, 2022 @ 9:45 am By JD Alois  |  

Payments Fintech Wirex says it has launched USDC (USD Coin) on the Stellar blockchain within its App. USDC is a dollar-based stablecoin issued by Circle and one of the most popular stablecoins in the world. Circle’s USDC assets are held in US financial institutions and… Read More

August 18, 2022 @ 8:07 am By JD Alois  |  

Wirex, a payments and crypto service, has added SEPA (Single Euro Payments Area) Instant and Faster Payments for UK and EEA customers to transfer British Pounds and Euros between their Wirex and bank accounts. Wirex has partnered with digital payment infrastructure provider, Modulr, to introduce… Read More

August 5, 2022 @ 8:47 am By Omar Faridi  |  

Wirex, a crypto and payments ecosystem, has expanded the Wirex Credit program to new regions and “developed additional features.” Their crypto-back credit lines “are now available to UK users and has added WXT as a token to be used as collateral.” Having launched last month… Read More

July 5, 2022 @ 10:00 am By JD Alois  |  

Payments platform Wirex has announced the launch of Wirex Credit which is described as offering competitive interest rates and no origination fee for crypto-backed loans. Wirex states that users may borrow up to $100,000 in stablecoins, with a loan to value (LTV) of up to… Read More

June 23, 2022 @ 9:37 am By JD Alois  |  

Wirex, a global payments platform active in the crypto sector, will be restarting services for UK consumers following “constructive dialogue” with the UK Financial Conduct Authority (FCA). Wirex, based in London, reports over 5 million customers worldwide. In March 2021, Wirex announced it would pause… Read More

June 15, 2022 @ 1:42 am By Omar Faridi  |  

Wirex, a crypto payments firm, has made their recently launched non-custodial wallet more accessible to APAC users “after releasing a new payment method.” The addition of instant bank transfers and local payment systems for Indonesian and Malaysia customers “to purchase crypto on the app will… Read More

June 3, 2022 @ 9:18 am By Omar Faridi  |  

Wirex, a crypto payments company, is expanding the suite of top-up methods on their non-custodial wallet “for Indian customers.” The addition of this popular payment option to purchase crypto “will make the digital economy more accessible for over 1 billion people in India.” The Wirex… Read More

May 31, 2022 @ 11:11 am By JD Alois  |  

Wirex, a payments platform that incorporates crypto transactions, has announced the listing of a new stablecoin NXUSD by Nereus. The stablecoin is said to be “fully collateralized” or “over-collateralized.” NXUSD is an ERC-20 token utilizing the Avalanche blockchain. Collateral for the digital asset is in… Read More

May 10, 2022 @ 11:30 pm By JD Alois  |  

Wirex is reporting that it has secured over 150,000 registrations to its crypto app six weeks after its launch in the US. Wirex is based in London, but also maintains offices in Singapore, Kyiv, Dallas, Dublin, and Atlanta. Wirex is a digital payments platform that… Read More

February 25, 2022 @ 8:41 am By JD Alois  |  

Wirex, a payments platform that enables both fiat and crypto, has added the Polygon blockchain to their non-custodial wallet, as well as the Wirex app. According to  Wirex, users will have access to the benefits of the Polygon blockchain alongside the Ethereum, Avalanche, Binance Smart… Read More