
CryptoSpend
The easiest way to buy, sell & spend crypto in Australia.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | AUD2.0m | Series A | |
Total Funding | 000k |
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Wayex, formerly known as CryptoSpend, is a digital wallet platform that simplifies the use of cryptocurrencies in Australia. Founded in 2018 by Andrew Grech and Richard Voice, the company emerged from the founders' need to make crypto more accessible and user-friendly. Wayex allows users to buy, spend, and sell various cryptocurrencies with ease. The platform supports major tokens and continually adds new ones, ensuring a comprehensive crypto experience. Users can complete their KYC (Know Your Customer) verification using their driver's license or passport, making the onboarding process straightforward. The Wayex app offers real-time portfolio tracking and integrates with Google Pay for seamless transactions. The company primarily serves individual crypto enthusiasts and investors in Australia, operating within the digital finance market. Wayex generates revenue through transaction fees and premium services offered within the app. The business model focuses on providing a user-friendly interface and robust support to encourage widespread adoption of cryptocurrencies.
Keywords: digital wallet, crypto transactions, portfolio management, Australia, KYC verification, major tokens, real-time tracking, Google Pay integration, user-friendly, transaction fees.