Wirex and Utorg Partner to Enable Seamless Crypto-to-Card Spending for 2M+ Users
Crypto payments firm Wirex has announced a strategic partnership with global fintech platform Utorg to deliver seamless crypto-to-card spending capabilities to more than two million users worldwide.
The collaboration leverages Wirex’s Banking-as-a-Service (BaaS) infrastructure to integrate card issuance and banking functionality directly into Utorg’s platform—enabling users to spend digital assets globally while maintaining full control over their funds.
Bridging Self-Custody and Everyday Payments
Through the integration, Utorg users will be able to hold assets in self-custodial wallets while accessing a Wirex-powered payment card for real-world transactions.
The move represents a significant step toward making digital assets more practical for everyday use, combining the security of self-custody with the convenience of traditional payment systems.
With access to over 80 million merchants across more than 130 countries, users can seamlessly spend their crypto balances without leaving the Utorg ecosystem.
Powered by a Unified API Infrastructure
The integration is enabled through a single API connection, providing Utorg with access to Wirex’s full BaaS stack. Key features include:
- Non-Custodial Card Issuance: Users can access virtual and physical debit cards compatible with Apple Pay and Google Pay, while retaining control of their crypto assets.
- EUR & USD IBAN Accounts: Named virtual IBANs with SEPA Instant and Faster Payments support enable smooth fiat on- and off-ramps across 30+ countries.
- Real-Time Conversion: Crypto assets are converted instantly to fiat at the point of sale, eliminating prefunding requirements and ensuring frictionless transactions.
- Integrated DeFi Yield: Users can earn yield on idle balances, supported by enterprise-grade compliance and risk management systems.
Advancing the Stablecoin Economy
Utorg has positioned itself as a bridge between traditional finance and the emerging stablecoin ecosystem. Its platform enables users to move seamlessly between fiat currencies and digital assets while retaining full ownership of their funds.
The addition of Wirex’s infrastructure significantly expands this vision, allowing users not only to buy and hold digital assets but also to spend them globally within the same environment.
Leadership Perspectives
Daniel Rowlands, General Manager of Onchain Finance at Wirex, highlighted the value of the BaaS model, noting that it allows fintech builders like Utorg to focus on product innovation rather than assembling complex payment infrastructure.
Meanwhile, Eugene Petrakov, co-founder of Utorg, emphasized the company’s mission to simplify access to digital assets. He stated that the partnership enables users to seamlessly buy, store, and spend crypto within a single, unified platform.
Expanding the Crypto Payments Ecosystem
The partnership places Utorg among a growing number of crypto-native platforms adopting Wirex’s BaaS infrastructure. This includes projects such as Cardano, Simple App, COCA, Chimera Wallet, and Collective Memory.
As demand for practical digital asset use cases grows, partnerships like this are helping to bridge the gap between blockchain-based finance and everyday consumer payments.
A Step Toward Mainstream Crypto Adoption
The Wirex–Utorg collaboration reflects a broader trend toward integrating digital assets into traditional financial systems. By enabling seamless crypto-to-fiat spending at scale, the partnership marks a key milestone in the evolution of the global fintech ecosystem.
As infrastructure continues to mature, solutions that combine self-custody, compliance, and usability are expected to play a central role in driving mainstream adoption of digital finance.
