London, United Kingdom, April 8, 2026, Chainwire
Wirex BaaS provides Utorg’s consumer wallet ecosystem with infrastructure for walletless cards, IBAN banking systems, and global payment acceptance – going live in weeks, not months
WirexA full-fledged cryptocurrency card issuer and Banking as a Service (BaaS) provider, today announced a strategic partnership with… outside (utorg.com), a global fintech company building consumer and commercial infrastructure for the stablecoin economy, works with EU-regulated fintech companies behind Utorg’s rapidly growing on-chain financial app – serving over 2 million users in more than 190 countries.
Through Wirex BaaS, Utorg will embed fully compatible card issuance and banking 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 through a Wirex-powered payment card. The move advances Utorg’s vision of making digital assets practical for everyday use by combining self-custodial, global payments and local financial rails into a single consumer experience.
Wirex BaaS: Powering the Utorg card infrastructure
With a single API integration, Utorg gets access to Wirex’s entire BaaS stack:
- Issuing a non-custodial card – Virtual and physical debit cards that allow users to spend their cryptocurrency holdings while maintaining full self-custody, with Apple Pay and Google Pay integration.
- EUR and USD IBAN accounts — Named virtual IBANs with SEPA connectivity for instant and faster payments, supporting paperless processes both in and out of the country across more than 30 countries.
- Convert cryptocurrencies to fiat currencies in real time — Instant transfer at the point of sale with no pre-financing requirements, making every transaction seamless for the end user.
- DeFi return with enterprise controls — Integrated return opportunities on dormant balances with full compliance and risk management.
Utorg has built a global platform that connects local payment systems to the rapidly expanding stablecoin economy. Through its consumer-facing infrastructure and products, the company enables users to seamlessly move between fiat and digital assets while maintaining full control of their funds. The Utorg app combines self-custodial wallets, instant cryptocurrency purchases, and built-in financial tools designed to make cryptocurrencies more accessible to ordinary users. With Wirex BaaS, Utorg is now expanding this ecosystem even further – allowing users to spend their digital assets globally across more than 80 million merchants in over 130 countries.
“Our BaaS system exists so that creators like Utorg can focus on their products rather than piecing together payment infrastructure from scratch,” he said. Daniel Rowlands, Managing Director of Onchain Finance at Wirex. “Utorg has built something extraordinary – a seamless, straightforward experience that hundreds of thousands of users globally love. With Wirex BaaS, they now have the card and banking bars to complete that journey from purchase to spend. That’s what makes the complete BaaS package possible.”
“We built Utorg to bridge the gap between the traditional financial system and the emerging stablecoin economy,” he said. Eugene Petrakov, co-founder of Utorg. “Our goal is to give users a simple way to purchase digital assets, hold them in self-contained wallets, and use them in everyday life. Partnering with Wirex allows us to expand this experience even further by enabling global spending directly from the same environment in which users manage their cryptocurrencies.”
The partnership places Utorg alongside a growing list of native cryptocurrency platforms choosing Wirex BaaS as the backbone of their payment card software, joining the likes of Cardano, Simple App, COCA, Chimera Wallet and Collective Memory.
About Wirex
Wirex It is a global payments platform serving both consumers and businesses, offering card-based payment products along with card issuance and banking infrastructure to partners. Trusted by more than 7 million users since 2014, Wirex has processed more than $20 billion in transactions in 130 countries. As a premier member of Visa and Mastercard, it makes cryptocurrencies cashable anywhere – instantly and effortlessly. Users can visit wirexapp.com.
About Yutorg
outside It is a fintech company that builds infrastructure and consumer applications for the global stablecoin economy. Founded in 2020, the company connects traditional payment networks to digital asset markets, enabling users and businesses to seamlessly move between fiat and cryptocurrencies. 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 more than 190 countries It continues to expand its stable payment and financial services ecosystem. Users can visit utorg.com.
communication
Marketing leader
Arena Jasina
Autoorg Laboratories
arena@utorg.pro
