- Trading Name: Wire
- Legal Entity: WYRE, INC. Wyre Payments, Inc.
- Activities: crypto payment processor
- Location: United States
- Regulations: registered Money Service Business (MSB)
- Key People: Ioannis Giannaros , Michael Dunworth
The company was established in 2013 by Ioannis Giannaros and Michael Dunworth and is based in San Francisco. Wyre was acquired by payment service provider Bolt in April 2022 for $1.5 billion to establish a simple online retail payment system that supports the use of cryptocurrencies.
Wyre is a crypto and payment infrastructure company that develops a variety of payment APIs on a blockchain-based payment platform. The platform offers real-time payouts, same-day transfers, and direct transfers that allow businesses to move money across borders from country to country at a competitive exchange rate.
Merchants can create an account with Wyre and can send money to any person or business without worrying about high exchange rates, hidden fees, complicated withdrawal timings, and high payment fees, Wyre said.
Wyre also offers on- and off-ramps, foreign exchange, and crypto liquidity for users of various crypto projects, including decentralized exchanges.
Therefore, we cannot identify any irregularities in the company’s environment and rate Wyre Green.