The company secured the seed investment from nearly 7,000 participants via Crowdcube.
"Since opening pre-registration for the private sale, we’ve had an overwhelming response from users around the world wanting to invest in Wirex. Our performance so far has proven to investors that we are making incredible advances in the fintech and crypto spaces, and this growth will only continue."
The Leicester software developer raised follow-on capital from regional funds and government backing to expand its team and global reach.
"Financial services are one of our key industries here in Leicester and Leicestershire, so I’m very pleased that the MEIF was able to support a business that is taking an innovative approach to helping businesses manage profitability. The LLEP is committed to supporting our businesses through COVID-19, so it’s great to see such a streamlined solution to rebates that will be of great benefit to the wider business community."
— Kevin Harris, Chair of the Leicester and Leicestershire Enterprise Partnership Board of Directors
The seed round was led by Ufi Ventures to support product expansion across corporate and education markets.
"We’re living a pivotal moment for the L&D industry and we have a unique opportunity to build the future of what it means to learn, to give everyone a chance to unlock their full potential and make the workplace more humane."