Wirex teams up with Zero Hash ahead of US launch

By Pavithra R

Digital payments platform provider Wirex has announced partnering with Zero Hash, a crypto trading infrastructure platform owned by Seed CX, to support their upcoming U.S. launch.

The collaboration is expected to allow Wirex to launch their revolutionary product across the United States in April, giving over 300 mn Americans instant access to crypto. The FinTech is planning to leverage the services of Zero Hash to launch fully into 51 jurisdictions in the U.S.

Both Wirex and Zero Hash are shared advocates of the mass adoption of the digital economy. They also share the mission of empowering everyone to have straightforward access to crypto.

“Wirex has already proven hugely popular in other countries across the globe, so it’s exciting that we have reached one of our last big milestones in the run-up to our U.S. launch. It’s integral that we carefully select reliable and experienced partners such as Zero Hash for this to ensure that the Wirex product continues to give everyone cheap, seamless and safe access to crypto,” said Harold Montgomery, Managing Director of Wirex USA.

Founded in 2014, Wirex is a digital payment platform with a mission to make crypto and traditional currencies equal and accessible to everyone. The firm serves nearly 3.5 mn people across more than 130 countries, in which they offer product that allows users to buy, hold, exchange and sell up to 20 different traditional and cryptocurrencies from a single, and intuitive app. This is linked to a contactless crypto-enabled debit card, giving users the ability to spend crypto in over 61 million locations globally.

“We are pleased that Zero Hash is powering Wirex’s U.S. crypto expansion. Zero Hash provides the infrastructure enabling Wirex to rapidly expand into the United States, introducing an exciting product that is loved by clients globally to market there. Through the partnership, Wirex enables clients to seamlessly purchase and sell crypto, allows peer-to-peer crypto transfers and crypto rewards,” said Edward Woodford, CEO of Zero Hash.

Recently, Wirex became the second crypto-enabled company to receive Visa principal membership. The firm has imminent plans to launch X-Tras, upgrading their rewards scheme, Cryptoback. The feature will reward users up to 2% back in WXT on any purchases with their Wirex card.