# Wyre

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wyre

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.sendwyre.com
- Total disclosed funding: $15M
- Latest round: Series C (Jan 6, 2022)
- Investors on record: 16

## About

Based in California, US, and founded in 2013, Wyre, Inc. operates as a developer of a blockchain-based payment platform. The company was founded by Ioannis Giannaros and Michael Dunworth. In April 2022, Bolt Financial, Inc., a portfolio company of Activant Capital Group, BlackRock, CreditEase Fintech Investment Fund, and others, acquired Wyre, Inc. from Blockchain Capital, Boost VC, Fortress Investment Group, Stellar Development Foundation, and others for USD 1.5 billion. The acquisition was abandoned in September 2022.

The platform enables users to sign up for an account and send money to any individual or company using real-time pay-outs, same-day transfers, direct bank-to-bank transactions, and across international borders. Wyre offers services including fiat-to-crypto on-ramps, pay-outs, compliance, crypto wallet infrastructure, foreign exchange, and savings accounts to individuals, companies, and enterprises.

## Funding rounds

- Series C, Jan 6, 2022 — FJ Labs
- Series B, Dec 13, 2018, $7.8M — Boost VC, Pantera Capital, Kraken, Nice Capital, Blockchain Coinvestors, Okcoin
- Series A, Sep 19, 2016, $5.5M — Digital Currency Group, Boost VC, Draper, 9F Jinke Holding Group Co., Ltd., Amphora Capital, Seabed VC, Baofu Network Technology (Shanghai) Co., Ltd
- Seed, Sep 19, 2014, $1.6M — Fortress Investment Group, Great Oaks Venture Capital, Boost VC, Blockchain Capital

## Investors

- Fortress Investment Group (https://capitalatlas.ai/funds/fortress-investment-group) — Seed
- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Seed
- Boost VC (https://capitalatlas.ai/funds/boost-vc) — Seed, Series A, Series B
- Blockchain Capital (https://capitalatlas.ai/funds/blockchain-capital) — Seed
- Digital Currency Group (https://capitalatlas.ai/funds/digital-currency-group) — Series A
- Draper (https://capitalatlas.ai/funds/draper) — Series A
- 9F Jinke Holding Group Co., Ltd. — Series A
- Amphora Capital (https://capitalatlas.ai/funds/amphora-capital) — Series A
- Seabed VC (https://capitalatlas.ai/funds/seabed-vc) — Series A
- Baofu Network Technology (Shanghai) Co., Ltd — Series A
- Pantera Capital (https://capitalatlas.ai/funds/pantera-capital) — Series B
- Kraken — Series B
- Nice Capital (https://capitalatlas.ai/funds/nice-capital) — Series B
- Blockchain Coinvestors (https://capitalatlas.ai/funds/blockchain-coinvestors) — Series B
- Okcoin — Series B
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series C