Wirex, the financial platform that combines bitcoin with traditional currency, announced that it has secured $3 million in Series A funding round from Japanese leading financial services firm SBI Group.
With the new funding, Wirex plans to utilize it for the development of new features, licensing and security. The company also plans to use it to support its future plans of expansion, the official notice stated.
“Japan is a key market for bitcoin-compatible financial products and services, and one of our fastest-growing customer bases. We are delighted to have this strategic partnership with the SBI Group. Together we can push bitcoin adoption in the Asia-Pacific region to the next level,” Pavel Matveev, co-founder of Wirex Limited, stated, as reported by Finextra.
Source: http://www.econotimes.com/Bitcoin-debit ... ing-576407