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Wirex

Wirex

Wirex is UK-based provider of cryptocurrency wallets linked to physical and virtual Visa debit cards, as well as cryptocurrency and traditional currency exchange and payment solutions. The company has offices in London, Singapore, Tokyo, Delaware, Toronto and Kiev, Ukraine, where the bulk of its operations are based.

As of January 2018, Wirex served 1.2 million customers in over 130 countries.

History

Wirex (formerly E-Coin) was established in 2014. In 2015, E-Coin successfully crowdfunded around $200K from 93 investors via the online investment platform BnkToTheFuture. In March 2017, Wirex raised $3 million in a Series A funding round from the Fintech fund established by Japanese financial giant SBI Group. In April 2018, Wirex announced contactless debit cards and became the industry's first major wallet and card provider to add new Litecoin functionality, augmenting its existing Bitcoin and traditional currency capabilities, in recognition of the rapidly growing adoption of Litecoin as a payment method.

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