MILAN, April 2, 2025 /PRNewswire/ — Wirex Private, an award-winning platform for High-Net-Worth clients, has announced the launch of crypto-backed loans, now offering loans of up to $10 million as part of its expanding suite of exclusive services.

This new offering provides high-net-worth individuals with greater financial flexibility, allowing them to unlock liquidity without selling their digital assets. Clients can now leverage not just Bitcoin (BTC) but also other major cryptocurrencies, including Ethereum (ETH), XRP, and more, for tailored loan solutions.

The service is designed to help clients optimize their wealth management strategies by offering:

• Custom Loan Terms: Structured to align with individual financial goals.
• Tailored Credit & Liquidity Solutions: Responsible capital access for strategic wealth management.
• Flexible Repayment Options: No early repayment penalties, ensuring maximum financial control.
• Strategic Liquidity Access: Enabling clients to leverage their crypto assets without selling holdings.

Pavel Matveev, Co-Founder of Wirex Private, commented: “We’re always looking for ways to make digital assets more practical for everyday financial management. This loan service is a natural step in helping investors use their crypto holdings—whether BTC, ETH, or stablecoins—without giving them up.”

Wirex operates under strict financial regulations across multiple jurisdictions, ensuring the highest compliance and security standards. Unlike short-term speculation, this loan service is designed for long-term financial planning and responsible asset management.

Ronald Loh, Head of Wirex Private, added: “Our clients want flexible ways to access funds without having to sell their crypto. These crypto-backed loans give them the liquidity they need while keeping their long-term investments intact, whether they hold Bitcoin, Ethereum, or other major digital assets.”

High-net-worth clients benefit from priority handling, streamlined compliance processes, and personalized financial solutions. As Wirex continues to expand its premium services, these crypto-backed loans reinforce its position as a leader in digital asset finance.

For more information about Wirex Private’s crypto-backed loan offerings, please visit the website.

Wirex’s commitment to innovation has been recognized with over 20 different industry awards, including Best Digital Banking Platform at the Fintech Breakthrough Awards 2025 and Best Use of Digital Currencies – Assets in Financial Services at the Pay 360 Awards 2024.

As part of its ongoing mission to enrich the Wirex Private program and provide added value to its members, Wirex has recently introduced Wirex Travel. This exclusive travel booking platform is designed to meet the needs of high-net-worth clients by offering luxury holiday experiences at exceptional discounts. Additionally, Wirex Travel offers users up to 65% off hotel prices and up to 8% cashback, making premium getaways more rewarding than ever.

Whether looking for a serene retreat or an adventurous getaway, Wirex Private members can now enjoy unparalleled travel benefits tailored to their lifestyle.

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About Wirex

Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly.  As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management. Having processed transactions totalling $20 billion, Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe.

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LONDON, April 2, 2025 /PRNewswire/ — MyGuava Business helps small and medium-sized businesses in the UK to manage the challenge of payment processing fees, which have long been an unavoidable cost of operation. Whether through in-store POS terminals or online transactions, these fees directly impact profit margins, often leaving smaller businesses at a disadvantage compared to larger enterprises. 

Lowering Costs, Elevating Business

Traditional payment providers have maintained high transaction fees for years, offering limited alternatives to smaller businesses. MyGuava Business is changing this by providing local businesses with high-quality payment solutions that big enterprises enjoy but at a significantly lower cost, thanks to technology that was built in-house.

For in-store payments, our advanced POS terminals enable seamless transaction processing at just 0.6% per transaction on debit cards – a stark contrast to the industry standard range of 0.99%-2.5% (according to startups.co.uk report). This cost reduction translates into significant savings. Last year alone MyGuava Business onboarded a sizable number of small and medium size businesses across the UK. “We help SMEs save on transactions with our advanced fintech solutions – so they can focus on growth,” said Anar Jafarli, Head of Sales at Guavapay.

Beyond Payments: A Comprehensive Business Tool

A payment terminal should do more than process transactions. With every POS terminal purchase, a free corporate account is provided. This account functions as a fully integrated platform that allows these businesses to:

• Track transactions in real time
• Manage business finances more effectively
• Streamline reconciliation and reporting

These added features ensure that businesses not only save on transaction fees but also gain greater control over financial operations – without incurring additional costs.

This means UK local businesses can operate with confidence, knowing they have a secure and cost-effective payment solution that works for them – not against them.

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A Transparent, Business-First Approach

MyGuava Business does not rely on hidden charges or complex pricing structures. Instead, our model is built on:

• Predictable, low-cost transaction fees
• Cutting edge technology for seamless in-store and online payments
• A free corporate account for enhanced financial visibility and control

For small and medium-sized businesses looking to maximise revenue retention while maintaining operational efficiency, this approach presents a clear advantage.

The Future of Business Payments Starts Now

In an economic world where efficiency and cost management are critical, businesses must reassess how payments are handled. MyGuava Business provides a modern, financially viable alternative – one that enables local businesses to reduce costs, increase control and focus on growth.

About MyGuava Business

MyGuava Business is a complete end-to-end B2B payments solutions provider which enables local, national and international organisations to access the financial tools they need to function, succeed and grow. Users can access multicurrency accounts from which funds can be held, sent and received via UK, European and global payment networks. For retailers, there are a range of Point of Sale and e-commerce solutions that enable businesses to accept payments with no fuss. In addition, MyGuava Business offers free corporate cards for business owners and their employees. To find out more, please visit www.myguava.com/business.

About Guavapay

Guavapay offers end-to-end payments solutions for retail customers and business clients. Our comprehensive ecosystem of products has been built with a view to delivering a complete solution that caters for any and all payment requirements.

The MyGuava App is a universal financial tool that blends convenience, transparency and flexibility to meet the needs of global citizens, whether you’re on an international adventure or handling daily expenses. MyGuava Business is a payments solution provider for SMEs. Guavapay Limited, a company registered in England with company number 10601900 and its registered address at Salisbury House, 29 Finsbury Circus, London, EC2M 5QQ, United Kingdom. Guavapay Limited is registered with the Financial Conduct Authority in the United Kingdom as a Small Electronic Money Institution with reference number 900888. Guavapay Limited’s ICO registration number is ZA274504.

For more information, please visit www.guavapay.com.

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Contact:
Nikki Suleymanova
Nigar.suleymanova@guavapay.com 
+442045773333 

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VICTORIA, Seychelles, April 2, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, experienced a substantial rise in perpetual futures trading volume throughout 2024. According to CoinGecko’s latest annual report, MEXC captured the highest market share in perpetual trading and open interest (OI) volume among all centralized exchanges.

Key Takeaways:

• MEXC’s share of perpetual trading volume increased from 3% to 11% in 2024.
• The exchange’s OI market share doubled in Q4 2024, leading all competitors.
• MEXC entered the top five exchanges, with the total annual perpetual trading volume reaching $58.5 trillion.

MEXC’s share of the perpetual futures market grew from just 3% at the start of 2024 to 11% by year-end — a notable achievement driven by the platform’s deep liquidity, competitive fee structure, and innovative trading features. This performance placed MEXC among the top five centralized perpetual exchanges, collectively recording $58.5 trillion in trading volume for the year. This makes 2024 the most active year in the history of futures trading on the crypto market.

Throughout the year, MEXC showed steady growth across key metrics. Its perpetual trading volume share nearly quadrupled, while its OI market share doubled by Q4. The exchange’s strong focus on listing the most trending and in-demand tokens, combined with low fees in both futures and spot trading, has made it a go-to option for many traders worldwide.

The exchange received additional recognition from institutional reports such as TokenInsight, which stated the exchange captured the largest market share among centralized exchanges in February 2024, earning it a spot among the top 5 exchanges in overall market share. By identifying trends faster than its competitors, MEXC continues to strengthen its position among top-tier exchanges.

MEXC’s substantial growth in perpetual trading and open interest volume market share demonstrates the exchange’s emerging role as a major force in the cryptocurrency derivatives market. According to CoinDesk data, the exchange also captured the largest market share among centralized exchanges in February 2024, securing a place in the global top five for overall trading volume.

These achievements, supported by the platform’s comprehensive token offerings and methodical approach to capturing market trends, position MEXC as a key player in driving the evolution of cryptocurrency trading. MEXC remains dedicated to enhancing its platform, expanding its offerings, and upholding the highest standards of security and user experience.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

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