Cryptocurrency Fintech News

Wirex Achieves Record Crowdfund for Crypto Company, Raising Over £3.7 Million

Wirex Achieves Record Crowdfund for Crypto Company, Raising Over £3.7 Million

Wirex, the next-gen payments platform sending waves through the fintech and crypto spaces, has raised £1 million in just 90 minutes and smashed its crowdfunding target by 370%. Nearly 7,000 investors took part to support Wirex on its mission to democratise access to cryptocurrency.

Having closed their crowdfunding 15 days early, the amount raised makes Wirex the best performing crowdfunding campaign by a crypto company in history undertaken in partnership with leading equity crowdfunding platform, Crowdcube.

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Aiming to give fintech fans and it’s 3.1 million customers the opportunity to invest in Wirex before they scale-up, this funding will help to solidify Wirex’s ambitious plans in the coming months. Wirex recently announced a revolutionary product overhaul. This has already seen the launch of 5 new currencies on the platform in Eastern European countries, as well as an upcoming release of Wirex’s highly-anticipated multicurrency Mastercard card, and upgrade of its rewards scheme. The company also has ambitious plans to diversify their user base, with an exciting launch in the US and Japan in the pipeline.

Pavel Matveev, CEO and co-founder of Wirex, described how pivotal this moment is in Wirex’s history: “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.”

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