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Wirex specializes in digital money solutions for individuals and businesses. Its platform supports Bitcoin, Litecoin and Ripple, Ethereum, Waves, Wollo, Dai, GBP, EUR, and USD.

TypePrivate
Founded2014
HQLondon, GB
Websitewirexapp.com
Employee Ratings4.2

Latest Updates

Employees (est.) (May 2020)175(+2%)
Revenue (FY, 2017)£4.5 M(+241%)

Wirex Office Locations

Wirex has an office in London
London, GB (HQ)
Liverpool St
London, GB
9 Devonshire Square, Spitalfields
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Wirex Financials and Metrics

Summary Metrics

Founding Date

2014

Wirex total Funding

$3.2 m

Wirex latest funding size

$3 m

Time since last funding

3 years ago

Wirex investors

Wirex's latest funding round in March 2017 was reported to be $3 m. In total, Wirex has raised $3.2 m
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Wirex Revenue

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Wirex's revenue was reported to be £4.47 m in FY, 2017
GBP

Revenue (FY, 2017)

4.5m

Gross profit (FY, 2017)

2.2m

Gross profit margin (FY, 2017), %

49.8%

Net income (FY, 2017)

113.5k

EBIT (FY, 2017)

174.8k

Cash (31-Dec-2017)

839.9k
GBPFY, 2016FY, 2017

Revenue

1.3m4.5m

Cost of goods sold

318.1k2.2m

Gross profit

995.6k2.2m

Gross profit Margin, %

76%50%
GBPFY, 2016FY, 2017

Cash

388.9k839.9k

Inventories

1.4m

Current Assets

425.4k2.7m
GBPY, 2017

Revenue/Employee

110.9k

Financial Leverage

1.1 x
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Wirex Operating Metrics

Wirex's Transaction Volume was reported to be $1b in Oct, 2017.
Oct, 2017Dec, 2017

Application Customers

900 k

Countries

130

Languages

13

Transaction Volume

$1 b
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Wirex Online and Social Media Presence

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Wirex News and Updates

How mobile payments platform, Wirex, continues to lead the future of digital banking

Pavel Matveev, co-founder and CEO of Wirex, spoke with City AM’s James Bowater, to discuss how their unique fintech business The post How mobile payments platform, Wirex, continues to lead the future of digital banking appeared first on CityAM.

i2c Enables Wirex Crypto Payments and Multi-Currency Travel Card for Asia Pacific Cardholders

REDWOOD CITY, Calif., Dec. 30, 2019 /PRNewswire/ -- i2c Inc., a leading provider of digital banking and payments processing technology, and Wirex, a leading borderless crypto and traditional currency payment platform, have partnered to deliver a multicurrency travel card for the Asia...

Visa Travelcard, Wirex Brings Borderless Payments to APAC

SINGAPORE, Nov. 11, 2019 /PRNewswire/ -- Leading borderless payment platform Wirex announced the launch of a brand new next-generation Wirex Visa Travelcard at the Singapore FinTech Festival today. The multicurrency travel card will empower customers across the APAC region to seamlessly...

Wirex Launches Enhanced Cryptoback™

LONDON, Sept. 13, 2019 /PRNewswire/ -- Today, payments platform Wirex launched a supercharged update of their revolutionary Cryptoback™ rewards programme. Customers can now earn up to 1.5% back in Bitcoin on Wirex Visa card purchases. Released in 2018, Cryptoback™ was the world's first...

Wirex One Step Closer to Obtaining Crypto Asset Exchange Service Provider Licence in Japan

TOKYO, Aug. 15, 2019 /PRNewswire/ -- Today, Wirex Japan Limited officially became a type II member of the Japan Virtual Currency Exchange Association (JVCEA) - a vital and hard-earned step towards being able to offer the full range of Wirex services to customers in Japan. Wirex Japan...

Wirex Reveals WXT, a new Native Cryptocurrency

LONDON, June 10, 2019 /PRNewswire/ -- Wirex, a market-leading digital payment platform, today announced the release of the Wirex Token (WXT), their first native cryptocurrency, in an Initial Exchange Offering (IEO) on OKEx. The new token is designed to help users access unique rewards,...
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Wirex Blogs

The case for Stablecoins

Cryptocurrencies pegged to a stable asset (often a traditional currency), are known as stablecoins. These are considered “the holy grail of crypto” by some enthusiasts; however, the most common use case for stablecoins is as a liquidity tool for cryptocurrency exchanges. Many exchanges are denied ac…

December at Wirex

We ended 2018 with a stack of product improvements, extra security features, a smoother user journey and even more places around the world for you to spend your crypto and traditional currencies. It’s been a big year of expansion for us internally too – we’ve grown our staff from a modest team of 30…

Waves in the fabric of Wirex

Kicking off 2019 on a high note, we’re delighted to welcome a new token to Wirex. WAVES joins Bitcoin, Litecoin, XRP and Ether as the latest cryptocurrency that Wirex users in the EEA can buy, store, convert and spend with their Wirex Visa card. The launch of the Wirex WAVES Wallet cements our indus…

The great mystery of currency exchange

Most of us are familiar with the task of exchanging currencies, but understanding the intricacies involved can be a challenge. Currency exchange appears to be a relatively simple transaction; in fact, the mechanics are quite complex. To help make things clearer, here’s an explanation of a few basic …

Wirex 2018 Roundup

As 2018 draws to a close, we’re taking a look back at everything that’s been accomplished here at Wirex. It’s been an exciting year for us: we’ve launched new products, won awards and cross-continental races, made our mark at FinTech conferences around the world and overseen the grand openings of ne…

Ho-ho-how to contact Wirex

With the Christmas break on the horizon, we want to make sure that you know exactly how to contact us over the festive period. The good news is that our customer support teams are open as normal over Christmas and the New Year because, as we know from all the Bitcoin excitement last December, the...…
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Wirex Frequently Asked Questions

  • When was Wirex founded?

    Wirex was founded in 2014.

  • How many employees does Wirex have?

    Wirex has 175 employees.

  • What is Wirex revenue?

    Latest Wirex annual revenue is £4.5 m.

  • What is Wirex revenue per employee?

    Latest Wirex revenue per employee is £25.5 k.

  • Who are Wirex competitors?

    Competitors of Wirex include Xapo, VoguePay and Acculynk.

  • Where is Wirex headquarters?

    Wirex headquarters is located at Liverpool St, London.

  • Where are Wirex offices?

    Wirex has an office in London.

  • How many offices does Wirex have?

    Wirex has 2 offices.