Bitcoin Debit Card Wirex Reports 3000% Growth Over Last 12 Months

Thursday, 11/08/2016 | 13:51 GMT by Avi Mizrahi
  • The firm has already issued 37,000 cards and the total number of Wirex users reached 160,000 in July 2016.
Bitcoin Debit Card Wirex Reports 3000% Growth Over Last 12 Months
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Wirex Limited, the Bitcoin debit card provider formerly known as E-Coin, has experienced amazing growth in user adoption over the last year according to data the firm has released.

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More than just surviving in a new field teeming with startups the E-Coin/Wirex company has now been in full operation for nineteen months - and it appears to be thriving. Despite the fact that it operated without a Marketing budget, it reports having expanded its customer base by 3000% in the past 12 months.

AAEAAQAAAAAAAAdUAAAAJDRmYTI5YjFlLWE3YjEtNDkzNC04Yjc2LWNkNDE4M2Y5M2U0NQ

In total the firm has already issued 37,000 cards and the overall number of Wirex users, including both the card and the platform users, reached 160,000 in July 2016, according to its latest figures.

Dmitry Lazarichev, co-founder, Wirex

Dmitry Lazarichev, co-founder, Wirex

"Big thanks to all our customers for their support. We have been working hard to make our service a no brainer choice when it comes to a Bitcoin debit card provider selection", said Dmitry Lazarichev, co-founder of Wirex and E-Coin.

Tim Frost, VP Marketing & Business Development at Wirex, added: "We were fortunate to have great management, a development team building innovative products, and reliable support. With a well balanced team we were quickly able to gain trust and traction in the industry. Even as competition has increased over the last year we have been able to maintain growth."

AAEAAQAAAAAAAAjeAAAAJDBiYWZkYzNhLTJiNGMtNGVjYS1iNTI3LTUzMWE2ZDhjOGNiZg

Back in April we reported that Wirex launched a mobile application. It serves as an accessory to the online platform, and it is also packed with features that make it a stand-alone mobile banking platform app. Through the service, Wirex users can register for a new account, hold bitcoin and fiat accounts in 3 currencies, view past transaction details, generate bitcoin addresses with QR code, transfer money to anyone with a bitcoin or email address, keep track and load debit cards for instant spending in shops which accept Visa/MasterCard, withdraw from ATMs, edit profiles, perform account verification, and more.

Wirex Limited, the Bitcoin debit card provider formerly known as E-Coin, has experienced amazing growth in user adoption over the last year according to data the firm has released.

Join the industry leaders at the Finance Magnates London Summit. Register here!

More than just surviving in a new field teeming with startups the E-Coin/Wirex company has now been in full operation for nineteen months - and it appears to be thriving. Despite the fact that it operated without a Marketing budget, it reports having expanded its customer base by 3000% in the past 12 months.

AAEAAQAAAAAAAAdUAAAAJDRmYTI5YjFlLWE3YjEtNDkzNC04Yjc2LWNkNDE4M2Y5M2U0NQ

In total the firm has already issued 37,000 cards and the overall number of Wirex users, including both the card and the platform users, reached 160,000 in July 2016, according to its latest figures.

Dmitry Lazarichev, co-founder, Wirex

Dmitry Lazarichev, co-founder, Wirex

"Big thanks to all our customers for their support. We have been working hard to make our service a no brainer choice when it comes to a Bitcoin debit card provider selection", said Dmitry Lazarichev, co-founder of Wirex and E-Coin.

Tim Frost, VP Marketing & Business Development at Wirex, added: "We were fortunate to have great management, a development team building innovative products, and reliable support. With a well balanced team we were quickly able to gain trust and traction in the industry. Even as competition has increased over the last year we have been able to maintain growth."

AAEAAQAAAAAAAAjeAAAAJDBiYWZkYzNhLTJiNGMtNGVjYS1iNTI3LTUzMWE2ZDhjOGNiZg

Back in April we reported that Wirex launched a mobile application. It serves as an accessory to the online platform, and it is also packed with features that make it a stand-alone mobile banking platform app. Through the service, Wirex users can register for a new account, hold bitcoin and fiat accounts in 3 currencies, view past transaction details, generate bitcoin addresses with QR code, transfer money to anyone with a bitcoin or email address, keep track and load debit cards for instant spending in shops which accept Visa/MasterCard, withdraw from ATMs, edit profiles, perform account verification, and more.

About the Author: Avi Mizrahi
Avi Mizrahi
  • 2727 Articles
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About the Author: Avi Mizrahi
Azi Mizrahi, expert in fintech trends and global markets, enriches readers with deep insights.
  • 2727 Articles
  • 10 Followers

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