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Wirex Payments Platform Hits 3 Million Users, Becomes Profitable

Ramsey Baker

Summary: Wirex, the London-based cryptocurrency payment processor, has now hit over 3 million active users, which highlights the popularity of its crypto-supporting Visa card among customers. The company is licensed by the U.K. Financial Conduct Authority (FCA) which will let cryptocurrency users spend their cryptocurrencies and fiat currencies using a dedicated Visa card and mobile app. ...

Wirex, the London-based cryptocurrency payment processor, has now hit over 3 million active users, which highlights the popularity of its crypto-supporting Visa card among customers.

The company is licensed by the U.K. Financial Conduct Authority (FCA) which will let cryptocurrency users spend their cryptocurrencies and fiat currencies using a dedicated Visa card and mobile app. The service is available in 130 countries, with the card accepted at over 46 million locations.

The increase in demand stemming from the card has led to the company achieving profitability, according to an announcement earlier this month.

By Ramsey Baker

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