Fintech Wirex Payments temporarily raised 1. 2 million pounds, and the first million pounds came in an hour and partly thanks to crowdfunding at Crowdcube, according to a corporate memo. The stock offering has just entered its public phase and is now at 1,446. Millions of pounds with 2405 individual investors.
Investors are buying consistent percentages worth 9. 24 pounds consistent with a consistent percentage in the company for a valuation of 125 million pounds. Wirex has already obtained venture capital financing.
Wirex is a payment company that facilitates the classic and virtual currency. It will provide page reports to 3. 1 million registered users in 130 other countries. Wirex generated more than 3 billion pounds of transaction volume with a turnover of 315 million pounds, adding a net profit of four million pounds over a 12-month era (end of June 2020).
It should be noted that Wirex has licenses/approvals to operate, adding an electronic cash license (UK), US money transmission. U. S. A. – Georgia) and implemented for a PSA license in Singapore. Wirex says it has become the first “native” main member of Mastercard, compatible with cryptography.
Wirex’s project is to close the gap between classical fiduciary currency and cryptocurrencies. Find the “must-have payment platform” for virtual payments.
Pavel Matveev, CEO and co-founder of Wirex, commented on the Crowdcube campaign:
“This is a vital step in realizing our initial plan to temporarily raise 1 million pounds, however, it is not unexpected given that we have already developed a pioneering platform for users to buy, store, develop and spend various classic and cryptographic currencies. We must make this building bigger to give everyone the opportunity to invest and play a role in Wirex’s ordinary journey, sharing our vision of taking the company to the next point and bringing the cryptocurrency to the general public. “
Wirex has announced plans to use the collective funding cycle for a full review of a product, such as a launch in the United States and Japan in the coming months.
“It’s very exciting to see Wirex succeed in his collective financing purpose in such a short time, which shows investors’ call for a product like Wirex. I can’t wait to see how much they’re accumulating, because the call can accumulate once a crusade is over-funded,” said Luke Lang, co-founder of Crowdcube.