2024 Revenue
$27.8M
Customers
3.5M
Funding
$8.2M
YOY
65%
Avg ACV
$8
Team
255
Founded
2014
How Wirex CEO Pavel Matveev grew to $27.8M revenue and 3.5M customers in 2024.
Provider of an online platform designed to offer e-wallet services. The company's online platform offers online bitcoin wallet services that stores digital cash for safekeeping which is easily to convert into local currencies and can be used for in-store purchases, online shopping and cash withdrawal at the ATM using Wirex payment card, enabling users to get flexible access to comprehensive bitcoin banking.
Last updated
Wirex Revenue
In 2024, Wirex's revenue reached $27.8M. The company previously reported $16.9M in 2023. Since its launch in 2014, Wirex has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Wirex Hit $27.8m revenue in October 2024 | |
| 2023 | Wirex Hit $16.9m revenue in November 2023 | |
| 2022 | Wirex Hit $15.9m revenue in November 2022 | |
| 2021 | Wirex Hit $16.2m revenue in November 2021 | |
| 2021 | Wirex Hit $16.2m revenue in April 2021 | |
| 2020 | Wirex Hit $13.4m revenue in December 2020 | |
| 2014 | Launched with $0 revenue |
Wirex Valuation, Funding Rounds
Wirex has not publicly disclosed its valuation. The company has raised $8.2M in total funding to date.
Wirex has raised $8.2M in total funding across 3 rounds, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2020 | Funding round | $5M | - | - | |
| 2017 | Funding round | $3M | - | - | |
| 2015 | Funding round | $186.6K | - | - |
Founder / CEO
Pavel Matveev
Pavel leverages many years of experience in software development and IT management from his previous work at Barclays Capital, Morgan Stanley, BNP Paribas and Credit Suisse. Primarily, he helped banks build trading platforms and algo-trading strategies, but had always dreamed of building a tech company; having been fascinated by blockchain. Pavel is responsible for the high-level functioning and growth of Wirex, with a specific focus on new product development and platform evolution. He is seen as a leading figure in the arena of mass adoption for cryptocurrencies and is a highly sought-after speaker at blockchain and payments conferences around the world. He has published numerous articles in key international publications, and spoken at various blockchain and payments conferences around the world including Money 20/20 Europe, The Pay Expo, Shift Money and Finsum Japan on topics including cryptocurrency, fintech, business and the economy.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Wirex serves 3.5M customers.
Wirex Employees & Team Size
Wirex employs approximately 255 people as of 2026, up from 221 in 2023, including 3 sales reps that carry a quota. It serves 3.5M customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 255 employees (December 2024) |
| 2024 | Reached 255 employees (October 2024) |
| 2023 | Reached 221 employees (November 2023) |
| 2022 | Reached 225 employees (November 2022) |
| 2021 | Reached 228 employees (November 2021) |
| 2021 | Reached 228 employees (April 2021) |
| 2020 | Reached 196 employees (November 2020) |
Frequently Asked Questions about Wirex
What is Wirex's revenue?
Wirex generates $27.8M in revenue.
Who founded Wirex?
Wirex was founded by Pavel Matveev.
Who is the CEO of Wirex?
The CEO of Wirex is Pavel Matveev.
How much funding does Wirex have?
Wirex raised $8.2M.
How many employees does Wirex have?
Wirex has 255 employees.
Where is Wirex headquarters?
Wirex is headquartered in London, England, United Kingdom.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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