Wirex - About the company
Wirex is a series B company based in London (United Kingdom), founded in 2014 by Pavel Matveev and Dmitry Lazarichev. It operates as a Provider of digital asset wallets and stablecoin payment processing infrastructure. Wirex has raised $22.2M in funding, with a current valuation of $*****. The company has 186 active competitors, including 28 funded and 2 that have exited. Its top competitors include companies like RedotPay, BVNK and Fin.
Company Details
Provider of digital asset wallets and stablecoin payment processing infrastructure. This platform facilitates the exchange, storage, and spending of cryptocurrencies and stablecoins through integrated debit cards and banking accounts. It enables users to manage digital assets alongside traditional currencies while providing tools for yield generation and borrowing. The infrastructure supports automated settlement processes and provides application programming interfaces for developers to integrate payment and card issuance capabilities into external systems.
- Website
- www.wirexapp.com/
- Social
- Email ID
- *****@wirexapp.com
Key Metrics
Founded Year
2014
Location
London, United Kingdom
Stage
Series B
Total Funding
$22.2M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 22, 2020
Investors
Ranked
2nd among 186 active competitors
Annual Revenue
£100M - £500M as on Jun 30, 2019
Employee Count
278 as on Sep 30, 2026
Legal entities associated with Wirex
Wirex is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
WIREX HOLDINGS LIMITED CIN: 12323130 , United Kingdom, Active | Nov 30, 2014 | - | 27 (As on Jun 30, 2020) | |
WIREX LIMITED CIN: 09334596 , United Kingdom, Active | Nov 30, 2014 | £100M - £500M (As on Jun 30, 2019) | 27 (As on Jun 30, 2020) |
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Wirex's funding and investors
Wirex has raised a total funding of $22.2M over 4 rounds. Its first funding round was on Mar 06, 2017. Wirex has 7 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Wirex:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 15, 2022 | 8304666 | Series B | 5475849 | 1595243 | 4439217 | 6453275 |
Sep 28, 2020 | 6575575 | Series A | 3325100 | 9338182 | 3801498 | 6546892 |
Jul 01, 2019 | 9438476 | ICO | 1080358 | 6864063 | 6360654 | 5183483 |
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Wirex's founders and board of directors
Founder? Claim ProfileThe founders of Wirex are Pavel Matveev and Dmitry Lazarichev. Pavel Matveev, Dmitry Lazarichev and Chetan Shah are the CEOs of Wirex.
Here are the details of Wirex's key team members:
- Pavel Matveev: Co-Founder & Group CEO of Wirex. They serve on the board of 1 company.Contact Info: 1 email address
- Dmitry Lazarichev: Co-Founder & Co-CEO of Wirex. They serve on the board of 1 company.Contact Info: 1 email address
- Chetan Shah: Co-CEO of Wirex.
Wirex's Board of Directors
Wirex's board has 2 active members. Pavel Matveev and Dmitry Lazarichev are part of team.Here is the list of Wirex's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 10m | |
Team | - | Current | 6y 10m | |
lryjiwk | Independent board member | - | Past | 6y 3m |
View details of Wirex's Founder profiles and Board Members
Wirex's employee count trend
Wirex has 278 employees as of Sep 26. Here is Wirex's employee count trend over the years:
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Wirex's Competitors and alternates
Top competitors of Wirex include RedotPay, BVNK and Fin. Here is the list of Top 10 competitors of Wirex, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of cryptocurrency payment card and app | $194M | 73/100 | ||
2nd | Wirex 2014, London (United Kingdom), Series B | Provider of digital asset wallets and stablecoin payment processing infrastructure | $22.2M | 70/100 | |
3rd |  BVNK 2016, London (United Kingdom), Acquired | Online platform offering multiple crypto services | $93.2M | 70/100 | |
4th | Provider of a virtual assistant for assisting users in everyday tasks | $40M | 69/100 | ||
5th | App-based exchange platform for cryptocurrency | $35M | 68/100 | ||
6th | Plutus 2015, London (United Kingdom), Series A | Contactless payments platform with bitcoin | $6M | 62/100 | |
7th |  Trace Finance 2020, Sao Paulo (Brazil), Series A | Online platform providing international bnking services for startups | $36.3M | 57/100 | |
8th | Provider of cross-border payment infrastructure and digital asset security tools | $35M | 56/100 | ||
9th | Valora 2021, San Francisco (United States), Acqui-Hired | Provider of multichain crypto wallet for and spending money | $20M | 56/100 | |
10th |  alfred 2022, Miami (United States), Series A | Provider of a platform for businesses to move money globally | $15M | 55/100 |
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Wirex's Investments and acquisitions
Wirex has made no investments or acquisitions yet.
Reports related to Wirex
Here is the latest report on Wirex's sector:
News related to Wirex
Filter this listMedia has covered Wirex for a total of 23 events in the last 1 year, 11 of them have been about partnerships and 10 about company updates.
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Wirex Partners with Tempo to Enable Stablecoin-backed Card LaunchesCrowdfund Insider•Sep 12, 2026•Wirex, Tempo
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FC Barcelona Launches Branded Digital Wallet On StellarDailyCoin•Aug 12, 2026•Wirex, Barcamobile, Stellar
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Wirex Launches AI-Driven Stablecoin Cards and Micropayments via Wirex AgentsPR Newswire•Mar 03, 2026•Wirex
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Wirex and Collective Memory End Creator Payment Delay: Earn and Spend in Real TimeBeInCrypto•Feb 11, 2026•Wirex
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Wirex Raises Bar on Transparency With Candid 2025 Report, Blocked £630,000 Illicit FundsBeInCrypto•Jan 22, 2026•Wirex
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Wirex & TRON DAO introduce on-chain payments for global transfersElectronic Payments International•Jan 07, 2026•TRON DAO, Wirex
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