Wirex, a leading payments platform, has recently announced its first crowdfunding. According to the announcement, the firm is aiming to raise £1 million through this crowdfunding round. It is claimed that the firm will be providing an opportunity to the customers and the interested ones to invest before scaling-up.
The investors are able to pre-register to invest through this crowdfunding from September 21. For this funding round, Wirex will be using Crowdcube and it is expected that this one is going to be the most successful by this platform till date. Crowdcube is a crowdfunding platform that has helped a lot of startups reach a very high level.
Wirex Aims For a Digital Economy Accessible to Everyone
Ever since Wirex was established in 2014, the vision of the firm is to establish a digital economy that will be accessible to everyone across the world. This will also help the firms to empower people globally so that they can have a world where currencies are equal. It also provides a next-generation payment solution through which the users get the ability to buy, exchange, and sell both traditional money and cryptocurrencies. It has been seen that the firm is currently at the forefront of this rapidly developing and evolving industry. COVID-19 pandemic has also played a huge role in the development of the crypto industry because during this time, huge crypto adoption has been seen.
Firm Saw Some Huge Developments During Pandemic
As there has been a greater crypto adoption during the time of COVID-19 pandemic, Wirex has also seen some huge success. As compared to February, the firm saw a 100% increase in the transaction volume in March. During that time, it has also recorded the highest volume of daily transactions in a single day. Due to such huge success, the firm has decided to launch this crowdfunding round so that the investors can become the part of the company.