Difference between revisions of "Wyre"
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== Basics == | == Basics == | ||
* Based in San Fransisco | * Based in San Fransisco | ||
*Closed shop. The crypto payments firm is [https://decrypt.co/145218/crypto-payments-firm-wyre-winding-down-due-to-market-conditions ceasing operations] less than a year after it was valued at $1.5 billion in an abortive acquisition by Bolt. | |||
*Got acquired by Bolt and got [https://www.axios.com/2023/01/03/wyre-shutdown-crypto-winter winded down] (7-1-2023) before [https://twitter.com/sendwyre/status/1613673423032418306 being saved] by a 'strategic partner' financing (13-1-2023). | |||
* [[API]] for compliance payments | * [[API]] for compliance payments | ||
* ''"[[KYC]] and [[Fiat]] On Ramp. [https://www.sendwyre.com/partner-testimonials/ Whether] you are an embedded [[wallet]], [[seed]] phrase wallet, or a [[smart contract]] wallet, Wyre’s API is extensible to provide kyc [[aml]] validation and fiat onramp services for your users."'' | * ''"[[KYC]] and [[Fiat]] On Ramp. [https://www.sendwyre.com/partner-testimonials/ Whether] you are an embedded [[wallet]], [[seed]] phrase wallet, or a [[smart contract]] wallet, Wyre’s API is extensible to provide kyc [[aml]] validation and fiat onramp services for your users."'' | ||
Latest revision as of 04:37, 20 June 2023
Basics
- Based in San Fransisco
- Closed shop. The crypto payments firm is ceasing operations less than a year after it was valued at $1.5 billion in an abortive acquisition by Bolt.
- Got acquired by Bolt and got winded down (7-1-2023) before being saved by a 'strategic partner' financing (13-1-2023).
- API for compliance payments
- "KYC and Fiat On Ramp. Whether you are an embedded wallet, seed phrase wallet, or a smart contract wallet, Wyre’s API is extensible to provide kyc aml validation and fiat onramp services for your users."
- "Wyre is an early adopter of DAI and the first money transmitter in the USA to power fiat on/offramp for the decentralized stablecoin. Since August 2018, we've added $100MUSD of DAI into the ecosystem"
- From the EthHub Weekly #84 (21-10-2019):
"Wyre V2 is a major upgrade for Wyre and includes a brand new simple KYC flow (using Apple Pay and Google Pay), lower fees, more customization options and more."
Team, Funding, Partners
Team
Funding
- Got an $5M investment from the Stellar Development Foundation (26-1-2021).
Partners
- As of 28-10-2019 on their website:
BRD, Portis, Edge, Coinlist, MetaMask, Maker, Celer, Opennode, Nuo, Compound, CoinPayments, Coinify, Ember Fund, Monarch, Ren, OpenFinance, 0x, ShapeShift, AirSwap, OpenSea, Unchained.
- Partners with Mosendo, according to their website (21-4-2020).
- Is mentioned by Oasis Network as of its partners (30-12-2020).
