Wyre

About

Wyre is a crypto and payment infrastructure company that develops a variety of payment APIs.

San Francisco,California,United States
101 - 250
https://www.sendwyre.com

Highlights

Details

Last Funding Type: Convertable Note
Industries: Cryptocurrency,Financial Services,FinTech,Payments
Founded date: Jan 1, 2013
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Wyre Payments, Inc.
Also Known As: Snapcard

Wyre is a developer of a blockchain-based payment platform designed to change the future of how international payments are done. The company's platform provides real-time payouts, same-day transfers, and direct-to-bank transfers, enabling businesses to move money across borders from country to country at a competitive foreign exchange rate.

Wyre's business owners can easily create an account and send money to any person or business without worrying about high foreign exchange rates, hidden fees, complicated payout timing, and high payment fees. It also provides onramps and off-ramps, foreign exchange, and crypto liquidity to users of various crypto projects including decentralized exchanges.

Wyre was founded in 2013 and is headquartered in San Francisco, California, USA.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

9

$29.14M

Wyre has raised a total of $29.14M in funding over 2 rounds. Their latest funding was raised on Dec 12, 2021 from a Convertable Note round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 12, 2021	Convertable Note	—	2	—	—	Detail
Jan 26, 2021	Series Unknown	$7.50M	4	Stellar Development Foundation	—	Detail
Aug 3, 2020	Series B	$3M	6	Pantera Capital	—	Detail
Dec 12, 2018	Series B	$8M	7	Pantera Capital	—	Detail
Dec 16, 2016	Series A	$5.80M	6	Amphora Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

6

28

Wyre is funded by 28 investors. Stellar Development Foundation and Pantera Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Stellar Development Foundation	Yes	Series Unknown
Pantera Capital	Yes	Series B
Amphora Capital	Yes	Series A
Fortress Investment Group	Yes	Seed
Tim Draper	Yes	Seed
FJ Labs	—	Convertable Note
Samsung NEXT	—	Convertable Note
Cadenza Ventures	—	Series Unknown
Draper Associates	—	Series Unknown
Great Oaks Venture Capital	—	Series Unknown