Wirex the Personal Cryptocurrency Finance Platform

Blockchain Personal Finance Platform

Fintech Startup Wirex made a very big impression at Startup Festival 2017.  Wirex is a global blockchain personal finance platform that was founded in 2014.  In addition, they are in over 130 countries with over 950,000 users.  They have a daily transaction volume of over $3.7 million.  Furthermore, their main focus is on cryptocurrency payment and exchanges.  Also, Wirex has been able to form many partnerships as they grew.  Some of Wirex’s partners include:

VISA

SBI Group

TradeBlock

Currencycloud

SBI FXTRADE

ELLIPTIC

BitGo

There are over 800 cryptocurrencies out on the market.  However, most can’t easily be spent.  Therefore less have .5% of merchants accept cryptocurrency payments.  Because most are due to the long process/transaction time as well as high remittance fees.

What is the Solution? The Wirex app and Multi-Currency Card.

Wirex app

The Wirex app works as a virtual payment card, mobile bank, and instant currency exchanges and transfers.  In addition, all this occurs under a state of the art security system.

Wirex Mobile App for cryptocurrencyMulti-currency card

Wirex VISA card keeps all the user’s funds, both traditional and cryptocurrency.

Wirex Multi Currency Card for Cryptocurrency

In addition, Wirex also offers co-branded corporate accounts and cards.

Why Choose Wirex for Cryptocurrency?  

  • Supports 50+ cryptocurrencies and 25 FIAT currencies.
  • Multi-signature wallets for Bitcoin, Ether, etc.
  • Wirex Liquidity Network (W-Pay)
  • Real-time rates for cryptocurrencies and FIAT
  • Corporate Accounts and cards
  • Convert cryptocurrencies into FIAT to use in daily transactions or for profit
  • Send payments abroad without a bank account

Finally, the Wirex platform software was built in-house.  Therefore, they have a great team of over 65 full-time engineers that can react to changes in customer behavior and demands.  As a result, it takes weeks or even months for companies to adjust.  However, Wirex has the team to introduce new functionality in a matter of hours for multiple currencies and payment networks.  Therefore, Wirex has the team and the platform to really innovate the Fintech industry.

John Yoon

John Yoon is the Editor in Chief at Startup Radar, Organizer for Startup Festival 2017, and the Intl. BD Manager at 500v2. Email = john@startupradar.asia Wechat, Kakao, and Line user ID is jswy315

No Comments Yet

Leave a Reply

Your email address will not be published.

STARTUP RADAR 스타트업 레이더, 등록번호: 서울, 아04879

발행인: 주식회사 스타트업 레이더 김동혁 // 편집인: 서해

발행소: 서울 송파구 정의로 8길 13, 6층 (문정동)

발행일자: 2017년 12월 19일 전화번호: 070-4771-5148

청소년보호책임자: 서해