Ripple News

Wirex Raises Over $1.5 Mln In Its Recent Crowdfunding Within An Hour.

Renowned online payments service provider Wirex platform, that employs Ripple raises around $1.5 Mln’s within its recent securities offering, with nearly 2K investors pooling in the primarily £1 Mln in just an hour and a half via crowdfunding platform Crowdcube, consistent with the official press-release.

According to the official press-release, Wirex planned to use the crowdfunding round to launch in United States & Japan within the upcoming few months. The investors purchased WireX shares at around $12 USD per token. The CEO & co-founder of Wirex named Pavel Matveev commented on the campaign and revealed that the funds raised within the securities offering would further permit the firm to expand on its business approaches. Explaining further, the CEO added:

“It’s an excellent milestone in achieving our original plan to raise £1 Mln actually so fast, but it’s unsurprising as long as we’ve already developed a pioneering platform permitting users to seamlessly purchase, hold, exchange & transfer several multiple traditional & crypto assets.”

The firm also revealed that it’s 3.1 Mln registered global users from over 130 different nations and that WireX has generated £315 Mln in revenues, so far. The firm had earlier made headlines for receiving various licenses and now holds an e-Money license within the United Kingdom, and a United States Money Transmission within USA – Georgia. The firm has also applied for a PSA license in Singapore.

In line with the official press-release, the Ripple-powered firm planned to transform itself as a link between the fiat & cryptocurrencies which might be why WireX has been permitting its users to use Ripple [XRP] wallets, since from 2018.

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