Wirex Works with Banking Circle to Revolutionize Global Financial Operations
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WirexThe leading Web3 currency application is pleased to announce its partnership with banking circlea leading provider of next-generation banking services.
This strategic partnership will significantly enhance Wirex’s global financial operations and provide cutting-edge banking solutions to millions of users.
Under the partnership, Banking Circle will offer a robust suite of banking services that are critical to Wirex’s continued global expansion and strengthening of its financial ecosystem. These services will include:
- Wirex Global Bank Account: Support companies’ global expansion by optimizing treasury operations and enabling more seamless management of fiat and digital currencies.
- New payment service simplifies user experience: Provides instant bank transfers and faster payment solutions, allowing users to easily send and receive funds around the world.
- Settlement and FX solutions from Wirex: Facilitate smoother, real-time payment processes across Wirex’s growing collaboration network.
- Liquidity Management Facility: As Wirex grows its ecosystem globally, ensuring the scalability and resiliency of its financial services.
By leveraging Banking Circle’s infrastructure, Wirex will provide retail and business users around the world with an enhanced, more flexible financial experience.
“We are honored to partner with Banking Circle, whose leadership in global financial infrastructure is unparalleled,” said Svyatoslav Garal, global head of payments at Wirex. “By expanding our capabilities and offering more seamless financial solutions, we This partnership is a natural step in strengthening our commitment to connecting digital and traditional finance to enhance our global platform and create more efficient experiences for everyone.”
Cindy Liu, Co-Head of Global Account Management: “Partnering with Wirex is a critical step in achieving our goal of revolutionizing global finance through efficient and transparent solutions. Wirex is committed to pushing the boundaries of fintech and taking the digital finance space to new heights The perfect choice. By combining our strengths, we believe this collaboration will be a game changer for global payments and financial services.”
This partnership marks a bold step forward for Wirex and Banking Circle, uniting two industry leaders committed to revolutionizing the financial landscape. Together, they will open up new opportunities in the global payment field and achieve the seamless integration of digital finance and traditional finance.
About Wirex
Wirex is a well-known British digital payments platform with over 6 million customers in 130 countries. It provides secure accounts that allow users to easily store, buy and exchange multiple currencies seamlessly. As a major member of Visa and Mastercard, Wirex goes beyond traditional services to embrace the evolving trend of Web3 and provide mainstream access to digital finance and wealth management. Wirex has processed transactions totaling $20 billion and aims to contribute to the adoption of a cashless society by facilitating direct transactions in various currencies around the world. Wirex is simplifying digital payments, making them more accessible and convenient for people around the world.
| wirexapp.com |
About Banking Circle SA
Banking Circle SA is a modern correspondent bank dedicated to establishing a local clearing network for all major currencies, providing beneficiaries with fast, low-cost payments without any hidden fees. As a fully licensed bank with no legacy systems, Banking Circle enables payments companies and banks of any size to quickly and cost-effectively seize opportunities in the new economy. It offers a unique and award-winning suite of banking solutions, including multi-currency bank accounts and virtual IBANs, bank connectivity for local clearing and cross-border payments, all with market-leading compliance and Safety.
Banking Circle Group is headquartered in Luxembourg and has branches in Denmark, Germany, the United Kingdom, the United States, Singapore, Liechtenstein and Australia. For more information about Banking Circle, visit website.
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