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.
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
"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."
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.
