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Wirex Exceeds Crowdfunding Target by 370%, Raises Nearly $5 Million

crowdfunding

Crypto payments platform Wirex exceeded its crowdfunding target by 370%. This was revealed in a press release the payments platform shared with CryptoGlobe. Wirex raised a total of $4.7 million through crowdfunding. According to the press statement, the successful endeavor helped the company to hit its crowdfunding target 15 days ahead of schedule.

Raising $1.2 million in 90 minutes of the crowdfunding, the fintech firm expressed its satisfaction in a tweet. Also, Wirex added:

“…Thank you to the nearly 7,000 investors who took part to support Wirex on our mission to democratise access to cryptocurrency. Here’s to our future.”

Apart from the recent crowdfunding, Wirex also launched five new currencies on its payment platform. The newly launched currencies are also available in Eastern European countries.

In addition, Wirex is planning to launch a MasterCard-powered card that supports a variety of currencies.

Notably, Wirex has been making efforts to expand its user base to different parts of the world. The expansion efforts are evident in the recent launches in Japan and the US.

Speaking on the continual achievements of the firm, the co-founder and CEO of Wirex Pavel Matveev, said:

“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.”

Image Credits: Pixabay

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