£3,694,435 raised!
The Wirex crowdfund has been a resounding success. Huge thanks to the 6,924 investors who supported our first crowdfunding campaign — your support brings us even closer to a world where all currencies are equal. Here's to the future!
A UK-based Fintech with global reach
We’ve evolved from a London-based company to a truly global business, with offices in Europe, North America and Asia. Since inception, we’ve continuously pushed the boundaries of payments by bridging the world of cryptocurrencies and mainstream financial products. The Wirex app is used by more than 3 million people across 130 countries.
We’re the ‘hedgehog’ fintech and proudly so — it means that we seek to monetise our business as we grow. Building a sustainable business model is a key part of our global expansion. Since the first Wirexer signed up to use our unique payment app and card, we’ve processed billions in transactions — and few companies can offer the combination of traditional currencies and crypto assets available on Wirex. We expanded into APAC in late 2019 and plan to launch our USA product in 2020, having recently secured a payments licence from the State of Georgia.
- UK e-money licence (fiat) (2018)
- Became profitable in 2020
- World’s first crypto-friendly Visa payment card (2018)
- Launched world-first Cryptoback™ programme
- World’s first crypto-friendly Mastercard Principal member (2020)
- Offices in London, Kyiv, Singapore, Tokyo, Toronto, Atlanta and Dallas
Why we’re crowdfunding
We’re VC backed by SBI Group (a part of Softbank), so why seek funding now? Millions of ‘Wirexers’ have supported our growth since we started — this funding round is deliberately designed to give them an opportunity to own a share of the brand.
With recent milestones such as securing Mastercard Principal Membership and our imminent launch in the US, this is a rare opportunity to take a stake in a fintech on the cusp of significant global expansion.
Many Wirexers hold WXT, our native token, as a means of receiving rewards such as Cryptoback™. This funding round will allow those that share our mission to bring down financial barriers an opportunity not only to use Wirex, but to own a part of it too.
Important to know: Investing in start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This page is approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority (No. 650205)
FAQs
Who can invest?
You must be over 18 years old and legally entitled to invest. You’ll also need to be a resident of the UK or a country where you may legally receive financial promotions of the nature provided. Residents in the US, Canada and Japan will not be able to invest. See more details on the Crowdcube website.
When does the campaign go live?
On the 28th of September! Register your interest above for updates and priority access.
Do Wirex customers get exclusive access?
As a reward for their loyalty and support, Wirex customers who have registered an interest will enjoy an exclusive 1 hour window to invest before the campaign is open to the public.
What will the valuation be?
How much can I invest?
You can invest from as little as £10 or upwards of £1m!
What is equity crowdfunding?
Equity crowdfunding allows a large pool of people to back a business they believe in. When you invest in equity you buy a percentage or share of a business. You can read more about investing on the Crowdcube website.
What is Crowdcube?
Crowdcube is a crowdfunding platform that enables businesses to attract investment from professionals, venture capital firms and everyday people. They have facilitated crowdfunding rounds for Monzo, Revolut, Eden Project, BrewDog and more.
Why is Wirex crowdfunding?
It’s been a wild ride since Wirex was formed in 2014. 6 years, 6 global offices and 3m+ registered customers later, Wirex has grown beyond all expectation thanks to the loyalty and support of our dedicated and discerning customers around the world. What better way to show our gratitude than to give our fatithful Wirexers an opportunity to own part of the business they love? That way, anyone can be a part of the Wirex success story moving forwards.
How do I make a return on my investment?
A return is made via a liquidity event; for example, Wirex being acquired by another company or floating on the stock market at a higher value, or a secondary market transaction. Just remember that investing in a startup business carries significant risks, including illiquidity, lack of dividends, loss of your investment and dilution.
What exclusive rewards do investors get access to?
What should I do now?
If you have already registered your interest above, make sure you sign up to Crowdcube as soon as possible. Don’t forget to tell your friends to do the same!
Can I invest cryptocurrency?
Unfortunately, CrowdCube doesn’t support cryptocurrency as a payment method. But, good news - your Wirex card can help you out here. All you need to do is:
1) Download the Wirex app and verify your account (if you haven’t already)
2) Exchange your crypto to your local currency and add funds to your Wirex card
3) Use your Wirex card to invest on CrowdCube!
Can I invest as a company/legal entity?
Yes you can. When creating a Crowdcube, please insert the company name and type in the First and Last name fields. e.g. ABC Limited. Where Crowdcube ask for an address, please use the company’s registered address, and where Crowdcube ask for date of birth, please use the date of birth of the company’s director. Crowdcube will then be in touch for further documents as part of their AML and KYC check.