Wirex earns FCA e-money licence

Wirex. is more than proud to announce that they were granted a UK Financial Conduct Authority e-money license on the 21st of August! Wirex Limited

Wirex. is more than proud to announce that they were granted a UK Financial Conduct Authority e-money license on the 21st of August! Wirex Limited

Wirex. is more than proud to announce that they were granted a UK Financial Conduct Authority e-money license on the 21st of August! Wirex Limited is only the third crypto-friendly company in the world to have been granted this license. The FCA was formed to protect consumers, enhance market integrity and promote competition, and has strict requirements for companies looking to qualify for their licenses. This e-money license will boost trust in Wirex and cement our reputation as a global player.

What does this mean for Wirex?

Wirex co-founder Dmitry Lazarichev believes that “the licence is a testament to the fact that the company is committed to pursuing and achieving the highest levels of diligence and integrity in its business operations. license submission to the FCA’s jurisdiction should leave customers in no doubt that Wirex will provide them with a best-in-class platform and accompanying service”.

For customers, the Wirex app, wallets and cards will continue to function as normal. However, in the wider scheme, gaining the FCA licence will open up a much broader market, allowing us to create e-money accounts in over 25 different currencies. We’re in the process of developing offerings in Asia (including Singapore and Japan) and North America in order to deliver a comprehensive service to our global users, with access to our full array of industry-leading features.

If you’re not already a Wirex user, click here to download the app for free from the App Store or Google Play.

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