Wirex, a global leader in crypto-financial services, has announced the launch of Wirex Business, a comprehensive corporate banking platform designed to cater to the unique needs of Web3 companies and crypto businesses. The new offering aims to provide businesses with the necessary tools to manage their finances efficiently within the evolving digital landscape.
Wirex Business offers seamless integration of stablecoins and fiat currencies, allowing businesses to manage their treasury functions, issue corporate cards, and handle expenses with ease. The platform supports enterprises in streamlining financial operations with advanced features such as corporate bank accounts, corporate expense and payroll Visa cards, real-time payments, instant settlement, and built-in yield on stablecoin holdings.
Expense management, card issuance, and seamless fiat-stablecoin integration
Designed with a self-custodial model, Wirex Business ensures that businesses maintain full control of their funds, which is essential for securely managing finances in a decentralized environment.
Key Features of Wirex Business:
- Corporate Bank Accounts: Manage multiple accounts in USD, EUR, GBP, and stablecoins.
- Corporate Expense & Payroll Cards: Issue physical and virtual cards for employee expenses and payroll management.
- Instant Fiat<>Stablecoin Conversion: Effortlessly convert fiat currencies into stablecoins and vice versa in real-time.
- Built-in Yield: Earn competitive yield on stablecoin holdings without hidden fees.
- Self-Custodial Model: Maintain full control of your funds, eliminating counterparty risks.
- Reporting: Utilize automated accounting tools and advanced reporting to keep finances in sync.
Wirex Business is designed to empower Web3 companies, fintechs, and crypto businesses to efficiently manage their financial operations and expand globally with ease. The platform is currently onboarding new clients, with registration available at Wirex Business.
“We are excited to launch Wirex Business, as it opens up new possibilities for companies operating in the Web3 and crypto space,” said Daniel Rowlands, Managing Director of Wirex Pay. “By offering a full suite of corporate banking services, including expense management, card issuance, and seamless fiat-stablecoin integration, we are empowering Web3 companies to manage their treasury and operations with the same ease as traditional businesses. The future of finance is non-custodial, and Wirex is pioneering business banking for the Web3 digital age.”
Pavel Matveev, Founder of Wirex, added, “Wirex Business represents a major step forward in bridging the gap between traditional finance and the crypto world. We understand the unique needs of Web3 businesses and are proud to provide them with the tools they need to thrive in a decentralized economy.”