Wirex and Utorg Bring Seamless Crypto-to-Card Spending to Over 2 Million Users Worldwide

(PRESS RELEASE – London, United Kingdom, April 8, 2026)

Wirex BaaS provides Utorg’s consumer wallet ecosystem with non-custodial card infrastructure, IBAN banking rails and global payment acceptance – which will be up and running in weeks, not months.

Wirex, a full-featured crypto card issuer and Banking-as-a-Service (BaaS) provider, today announced a strategic partnership with Utorg (utorg.com), a global fintech company building consumer and business infrastructure for the stable economy, working with EU-regulated fintech companies behind Utorg’s fast-growing on-chain financial app – serving more than 2 million users in over 190 countries.

Through Wirex BaaS, Utorg will integrate fully compliant banking and card issuing infrastructure directly into its consumer platform, giving users the ability to hold assets in self-custodial wallets and spend their balances at merchants around the world via a Wirex-powered payment card. The move advances Utorg’s vision of making digital assets practical for everyday use by combining self-custody, global payments and local financial rails into a single consumer experience.

Wirex BaaS: powering Utorg’s card infrastructure

Through a single API integration, Utorg accesses the complete Wirex BaaS stack:

• Issuance of cards without custody — Virtual and physical debit cards that allow users to spend their crypto holdings while maintaining complete self-custody, with Apple Pay and Google Pay integration.
• EUR and USD IBAN accounts — Named virtual IBANs with SEPA Instant and Faster Payments connectivity, supporting fiat on- and off-ramps in over 30 countries.
• Real-Time Crypto-Fiat Conversion — Instant conversion at the point of sale without any pre-funding requirements, making every transaction transparent to the end user.
• DeFi Yield with Enterprise Controls — Built-in return opportunities on unused balances with full compliance and risk management.

Utorg has built a global platform that connects local payment systems to the rapidly expanding stable economy. Through its infrastructure and consumer-facing products, the company enables users to seamlessly transition from fiat to digital assets while maintaining full control over their funds. Utorg’s app brings together self-custodial wallets, instant crypto purchases, and integrated financial tools designed to make crypto accessible to everyday users. With Wirex BaaS, Utorg now further expands this ecosystem, allowing users to spend their digital assets globally across more than 80 million merchants in over 130 countries.

“Our BaaS platform exists so OEMs like Utorg can focus on their product instead of rebuilding a payments infrastructure from scratch,” said Daniel Rowlands, Managing Director, Onchain Finance at Wirex. “Utorg has built something exceptional: a frictionless access experience loved by hundreds of thousands of users around the world. With Wirex BaaS, they now have the cards and banking rails needed to complete that journey from purchase to spend. That’s what full-stack BaaS makes possible.”

“We built Utorg to bridge the gap between the traditional financial system and the emerging stablecoin economy,” said Eugene Petrakov, co-founder of Utorg. “Our goal is to give users an easy way to purchase digital assets, hold them in self-custodial wallets, and use them in everyday life. Partnering with Wirex allows us to further expand this experience by enabling global spending directly from the same environment in which users manage their crypto.”

The partnership positions Utorg alongside a growing list of crypto-native platforms choosing Wirex BaaS as the backbone of their payment card programs, joining Cardano, Simple App, COCA, Chimera Wallet and Collective Memory.

About Wirex

Wirex is a global payments platform serving consumers and businesses, offering card payment products as well as card issuance and banking infrastructure for partners. Trusted by over 7 million users since 2014, Wirex has processed over $20 billion in transactions across 130 countries. As a prime member of Visa and Mastercard, it makes using crypto anywhere instantly and effortless. Users can visit wirexapp.com.

About Utorg

Utorg is a financial technology company that creates infrastructure and consumer applications for the stable global economy. Founded in 2020, the company connects traditional payment networks to digital asset markets, allowing users and businesses to move seamlessly between fiat currency and crypto. Utorg offers self-custodial wallets, instant cryptocurrency purchases, and integrated financial tools designed to make digital assets usable in everyday life. Today, its platform serves more than 2 million users in over 190 countries and continues to expand its ecosystem of stable payment and financial services. Users can visit utorg.com.