Wyre, Inc.
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Wyre, Inc. - overview
Established
2013
Location
San Francisco, CA, US
Primary Industry
Financial Services
About
Based in California, US, and founded in 2013, Wyre, Inc. operates as a developer of a blockchain-based payment platform. The company was founded by Ioannis Giannaros and Michael Dunworth. In April 2022, Bolt Financial, Inc.
, a portfolio company of Activant Capital Group, BlackRock, CreditEase Fintech Investment Fund, and others, acquired Wyre, Inc. from Blockchain Capital, Boost VC, Fortress Investment Group, Stellar Development Foundation, and others for USD 1. 5 billion. The acquisition was abandoned in September 2022.
The platform enables users to sign up for an account and send money to any individual or company using real-time pay-outs, same-day transfers, direct bank-to-bank transactions, and across international borders. Wyre offers services including fiat-to-crypto on-ramps, pay-outs, compliance, crypto wallet infrastructure, foreign exchange, and savings accounts to individuals, companies, and enterprises.
Current Investors
Digital Currency Group, Boost VC, Draper
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.sendwyre.com
Verticals
Blockchain, FinTech, FinTech
Company Stage
Series C
Total Amount Raised
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