Wirex Crowdcube

Wirex, a leading digital payments platform in the fintech and crypto space, has ended their crowdfunding campaign with Crowdcube early after smashing initial targets. While raising over £3.7 Million, Wirex is now the best performing crypto company to ever facilitate a crowdfunding campaign on Crowdcube. 

Record Crowdfund

Wirex, a digital payments platform that is making crypto and traditional currencies accessible to everyone, has hit a milestone in their recent crowdfunding campaign with Crowdcube. Last month it was reported that Wirex was launching a £1M crowdfunding campaign to help introduce new products and services to the token economy.

In a recent press release by Wirex, the company was excited to announce that their initial target of £1M was accomplished in just 90 minutes. With almost 7,000 investors expressing interest in the Wirex vision, the fintech company exceeded their crowdfunding target by 370%. After pulling in £3.7 Million, Wirex has closed their campaign 15 days early. This represents a milestone for the digital payments platform, as they are the best performing crypto company to ever run a crowdfunding campaign on the Crowdcube platform.

Pavel Matveev, CEO and co-founder of Wirex, stated that: 

“Since opening pre-registration for the private sale, we’ve had an overwhelming response from users around the world wanting to invest in Wirex. Our performance so far has proven to investors that we are making incredible advances in the fintech and crypto spaces, and this growth will only continue.”

Buy, store and exchange digital and traditional currencies
Source: Wirex
Plans Moving Forward

As mentioned previously, some of the additional products and services in the pipeline for the company include:

  • Supporting additional currencies
  • Free international ATM withdrawals
  • Amplified reward programs

Additionally, Wirex is looking forward to to releasing their multi-currency Mastercard, which has been in high demand among their 3.1M users. Despite a user base that continues to multiply YOY, Wirex still forecasts significant growth opportunity. With a US and Japan launch in the foreseeable future, the fintech firm plans to revolutionize the way people buy, hold, exchange, and sell multiple crypto and traditional currencies on a global scale. In an environment where many first time crypto users are still confused, Wirex is changing the narrative and bridging the gap between traditional markets and digital assets.

Matveev further stated that: 

“It’s great that our customers have had the opportunity to own a part of Wirex, and we can’t wait to share our upcoming successes with them. Our mission is to democratise access to cryptocurrency, and this successful crowdfunding campaign is one step further in achieving this goal.”

Wirex was constructed in 2014 by CEOs and co-founders Dmitry Lazarichev and Pavel Matveev. These individuals believed in a world where cryptocurrencies could be accessible to everyone. The company currently caters to customers in 130 countries, and coheres to regional regulations and other licensing requirements.

They offer a seamless experience where users can store, buy, and exchange multiple currencies on a mobile application. In a push to bridge the gap between traditional and digital economies, users have the ability to spend 150+ traditional and crypto assets in 54 million locations by leveraging the Wirex card. With traditional banking offering near 0% interest rates, users also flock to “Cryptoback,” which is a reward program that gives cardholders up to 1.5% back in Bitcoin for in-store transactions.

Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the crypto currency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal or accounting advice.

This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was not compensated to submit this article Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.

You May Also Like

How BSOV Token Price Can Benefit From Greater Mining Costs

The BSOV Token  With all the noise, scams, price fluctuations, and fake…

Philanthropist Bill Pulte to Help Africans With Bitcoin

Bill Pulte who has become famous for his act of generosity and…

Waves Ports High-Interest Yielding Stablecoin Neutrino USD to Ethereum Network

Paves Path for Decentralized Forex and Inter-Chain DeFi SAN FRANCISCO- August 18,…
NULS Blockchain

veriTAG Leverages NULS Blockchain to Solve Asia’s Food Safety Problem

SAN FRANCISCO – August 27, 2020 – VeriTAG, a cloud-based tracking system…