<span style="font-weight: 400">Wirex, a U.K.-based crypto payments firm, has recently raised $4.3 million in a recent crowdfunding round. The amount raised in the crowdfunding round has surpassed the initial target of the firm by around 370%. Due to this, the funding round was closed 15 days earlier than it was supposed to be ended on. <a href="https://www.cryptoknowmics.com/news/wirex-announces-its-first-crowdfunding-and-aiming-to-raise-1m/">Wirex has raised $1.1 million</a> within 90 minutes only, which has proved to be a great success. </span>
<h2><b>Wirex Collaboration With Crowdcube for the</b><b> Crowdfunding</b></h2>
<span style="font-weight: 400">This recent crowdfunding round has been done by Wirex in collaboration with the <a href="https://www.crowdcube.com/companies/wirex/pitches/ZNgeNb">Crowdcube</a> which is a crowdfunding platform. Pavel Matveev, CEO of the firm has mentioned the possible implication of the record funding by the company. He said that as soon as the firm has opened the pre-registration for the private sale, they have received an overwhelming response from people across the world. </span>

<span style="font-weight: 400">Matveev mentioned: </span>

<span style="font-weight: 400">“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.” </span>

<span style="font-weight: 400">This funding is going to be a huge milestone for the firm that will strengthen the expansion plan of Wirex. </span>
<h2><b>Product Overhaul With the Launch of Five New Currencies</b></h2>
<span style="font-weight: 400">Wirex has also announced that it will be going through a product overhaul along with the launch of five new currencies. Not only this, but there is also an upcoming release of a multi-currency Mastercard that will provide more facilities and options to the users. In the next few months, the firm will also be opening its base in the U.S. and Japan. At the present moment, there are around three million users who have joined the market which has also enabled the customers to buy, sell, or even hold the currency.</span>

Wirex Raises $4.3M From Crowdfunding Round Surpassing its Target

Wirex, a crypto payments firm, has recently raised $4.3 million in the recent crowdfunding round, which surpassed the initial target.

Vandana has received Master of Arts degree in English from GEU Dehradun. She is currently working as a content writer with Agio Support Solutions and earlier worked as a sub-news editor at Business News and Information Services Private Limited. She is an enthusiastic content writer and aims to bring a compelling yet informative content to the audience. Meanwhile, enhancing her own knowledge in the cryptocurrency and blockchain industry.

Wirex Raises $4.3M From Crowdfunding Round Surpassing its Target

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