TLDR: Neobanks will take over, and I just joined @wirexapp to help grow BaaS in the US.
The more I’ve worked in this space, the more I’ve realized that neobanks are what will take crypto from wherever it is now to its next stage.
Neobanks can combine everything thats great about crypto today, in one place (yield, easy to use payments, great card benefits, and more). There’s a reason so many foundations that have raised hundreds of millions of dollars are exploring native neobank offerings, and paying a lot to get top neobank teams using their infrastructure.
The issue is, building these neobanks is not easy. Modern banking is APIs built on APIs built on other APIs. Beyond user acquisition, building a global, compliant offering without stitching together 10 different providers is really difficult.
@wirexapp changes that. Through one API, partners can access infrastructure across accounts, cards, payouts, rewards, yield, and digital asset services. There is no need for 10+ stitched-together partners. No late nights checking to make sure partner x works with partner y. One API, one company, Wirex.
Now, and even more so in the future, neobanks will have niche offerings to set themselves apart, but they won’t need to stay up late making sure all of their partners are correctly set up together. Excited to have joined @wirex to help make this possible!
Most people look at current fintech products in a wrong way.
Stablecoins have unlocked lots of features for consumer apps and one of them is having Cards and a way for user to spend crypto directly without offramping.
For any consumer app where they hold user balances or users hold money, having their own card program can be a great feature as there users don't have to offramp and can spend directly using a branded card.
Products like @wirexapp has made it way easier for you to integrate using just an API
If you'd like to know more, I am happy to help. Send me a DM
We have crossed $1B in total onchain card spend processed through our infrastructure.
The milestone comes just 10 months after our launch, alongside:
→ 100K+ total addresses
→ 11M+ total transactions
A strong first chapter, and the pace is only picking up.
GTM built different at Wirex BaaS
@bluefish343 comes out of shoulder serious surgery and the first thing he says is what's the status of Deal X and can you follow up on Deal Y asap
yes boss 🫡
Send Cards have officially launched.
Native USDC on Base can now fund everyday Visa spending directly inside @Send.
A major step for the Send product, powered by Wirex BaaS infrastructure.
Introducing Send Cards.
Fund your card with USDC on @Base and use your balance for everyday spending.
Hold it. Send it. Now spend it.
Get your Send Card in the app. → https://t.co/unSOKao3du
1/ Send is taking its next step with Wirex. 🤝
We’re partnering with @Send to power Send Cards and the infrastructure around them, designed so a payout can be usable the moment it arrives.
Pulsar is partnering with @wirexapp to extend its fintech stack, starting with the first Pulsar cards.
One app to hold, move and spend, with a card that works in 110+ countries.
Early access is now open.
1/ Wirex 🤝 Pulsar Money
We’re partnering with @PulsarMoneyApp, a multi-currency money app built on stablecoin rails, marking our first BaaS partner launch on @Arc.
Early access opens today, with Wirex providing infrastructure for cards, named accounts and on/off-ramps. 🧵
1/ Your fintech product can feel simple, while what sits underneath it rarely is.
That’s why we’ve spent 11+ years building payments infrastructure, now supporting $2B+ in annualised volume.
Here are 10 reasons partners choose to build with us 👇
B2B infrastructure sales is rarely predictable
Household brands with a century of distribution launch a new product and… nothing. Bakkt, Venmo, Meta's Libra/Diem/Novi, even PayPal'S PYUSD.. enormous rails, enormous trust, real onchain ambitions and the new line barely registers or even worse flops. Strong distribution in a custodial setup does not transfer to an onchain launch. Different buyes, different arc, different reason to care
Meanwhile a name that meant nothing two years ago is doing volumes I would have refused to underwrite. Show me Kast's forecast in 2024 and I'd have politely halved it thrice
And a meaningful share of actual volume in this industry sits with names you have never once seen on a conference banner
So the job isn't picking winners. It's running a portfolio of bets while refusing to waste time on the ones that you hope come good. The impressive logo, the polished deck, or (perhaps in the early days) the partner who takes six months of your roadmap and ships nothing
No one likes admitting this but 12–24 months from go-live is standard for real, meaningful revenue. Which means the pipeline you're deciding on today is the P&L you get in 2028
Given you can't reliably predict which one runs, the only real lever is speed. At @wirexdevelopers we focus on contract velocity and time-to-live. Sign faster, launch faster, and you've compressed the part of the cycle you actually control. Get those two right and you're halfway there. The rest is the market deciding
1/ Kolo is officially live on Wirex BaaS! 🤝
The full Wirex BaaS stack is now powering a daily account built for @KoloHub global community, bringing income, stablecoins and card spending into one connected experience.