Wyre

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

• Michael Dunworth

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).