Categories: News

Wirex Limited Rebrands E-Coin to Wirex

London, February 25 2016 – Wirex Limited announced the launch of Wirex, the world’s first hybrid personal banking solution that combines the benefits of blockchain technology into everyday finances. Simultaneously, the rebranding will see the integration of E-Coin, the successful bitcoin debit card provider under the same company, into the new Wirex.

The Launch of Wirex: Drive Your Money

Wirex is the first financial service of its kind to provide bankless banking services, and are designed to close the gap between digital currencies and traditional currencies for everyday financial transactions.

Evolving to fill the needs of the global citizen, Wirex will offer 3 main services: convenient mobile banking via Wirex app, instant remittance services, and upgraded 2-way debit cards which allows on-demand conversion between bitcoin and traditional currencies. The services are available to customers in more than 130 countries.

Through the Wirex platform, users will no longer need to make cross-border fee payments for money transfers, nor go through the inconvenience of visiting physical locations. Wirex debit cards are borderless and is accepted in millions of shops and ATMs around the world.

Reason for rebranding and future direction

The success of E-Coin, which grew into more than 100,000 users within one year proved the huge demand of financial services utilising the blockchain technology. This prompted Wirex Limited to expand its products beyond bitcoin debit cards, in a way that is both accessible and user-friendly to the general public.

“Due to our expertise in the field, our team was able to offer additional services to both Bitcoin and non-Bitcoin community, so we decided to rebrand E-Coin into Wirex,” said Dmitry Lazarichev, co-founder of Wirex. “Wirex is much more than a bitcoin card. We felt the name reflects what we want it to be.”

Under Wirex, the bitcoin debit card is no longer a standalone service, but rather part of a comprehensive personal banking system for those seeking fast, convenient and secure financial transactions without the limitations of traditional financial institutions.

Related Post

Will this affect current E-Coin users?

E-Coin users can continue to spend bitcoins using virtual and physical debit cards without problems. Once completely integrated into Wirex, E-Coin users will be able to enjoy and use all additional services from Wirex, such as using Wirex app and the ability to buy and sell bitcoins.

“There will be no changes to E-Coin users – all bitcoin debit card services will continue as normal and will not be affected during the integration process,” said Dmitry Lazarichev. “We will continually update our users via email, and our customer service support will be happy to answer any questions.”

Wirex will be available in March 2016. For earlier access, updates, and promotions, Wirex invites members of public to sign up in the waiting list.

Press Contact

Tim Frost
VP Marketing & Business Development
pr@wirexapp.com

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

NOTE: This is a press release, any product / service mentioned is not endorsed by The Merkle

Mark Arguinbaev

I'm a 29 year old cryptocurrency entrepreneur. I was introduced to Bitcoin in 2013 and have been involved with it ever since. Fun Fact: I mined cryptocurrency using my college dorm room's free electricity.

Share
Published by
Mark Arguinbaev

Recent Posts

Step Finance Hit By Major Treasury Breach

Shockwaves moved through the Solana ecosystem after DeFi dashboard and portfolio platform Step Finance confirmed…

9 hours ago

Tether Caps A Record Year With Explosive Profit Growth

Tether has released its Q4 2025 quarterly attestation, and the numbers confirm what much of…

10 hours ago

Lighter EVM Marks A Major Shift From Trading Engine To Full-Stack DeFi Platform

Lighter is officially stepping beyond its roots as a high-performance perpetual DEX with the launch…

10 hours ago

Vitalik Buterin Deploys 16,384 ETH Toward Privacy And Open Infrastructure

Ethereum co-founder Vitalik Buterin is once again channeling personal capital into the long-term foundations of…

1 day ago

Lido V3 Launches on Ethereum Mainnet With Game-Changing stVaults

Lido Finance has officially activated Lido V3 on the Ethereum mainnet, introducing a powerful new…

1 day ago

Bitcoin Slips To $83,500 As Liquidations Rock The Market

Bitcoin tumbled to around $83,500, marking its lowest level in over a month and triggering…

2 days ago