THELOGICALINDIAN - London based bitcoin barter Wirex afresh rebrandedlaunching a apartment of accoutrement for bitcoin users while additionally now absorption on targeting nonbitcoin users in an attack to abduction a bigger bazaar thatuses remittance corridors to accelerate money including theunbanked
Pavel Matveev is one of the co-founders of Wirex who acclimated to assignment at Credit Suisse and BNP Paribas, and says that Wirex is looking to administer for an e-money authorization already the adjustment framework is authentic for it in the UK. Wirex aloft money via crowdfunding aftermost September and is now negotiating a series-A allotment annular with adventure capitalists to accession addition $1.5 million.
Dmitry Lazarichev is the added co-founder of Wirex, and in an interview with Euromoney, he said,
Wirex sees itself as a aboriginal mover in this claimed cyberbanking amalgam account amid the authorization and cryptocurrency worlds. Wirex isn’t the aboriginal bitcoin barter aggregation admitting to administer for an e-money authorization in the UK. Recently Circle Financial was the aboriginal to administer for and accept the authorization in the UK, and Bitstamp is additionally applying for one which they achievement to accept in the abreast future.
In the UK bitcoin is not yet regulated, although Wirex continues to accomplish as the UK has been favorable to fintech companies. Wirex’s banking accomplice is WaveCrest, an e-money issuer accountant by the Financial Services Commission of Gibraltar, which has passported its licence beyond Europe. WaveCrest is a arch affiliate of MasterCard in Gibraltar and the UK and a arch affiliate of Visa in Gibraltar.
In commendations to UK regulation, Matveev said,
