Wayex Global launches a stablecoin-based financial platform in more than 160 countries, offering a unified USD account, Visa card, and embedded yield. The company began as student-founded CryptoSpend in 2018, evolving from a university startup into a global financial platform.
Australian fintech Wayex has launched a digital-first financial platform in more than 160 countries. The platform combines a global USD account, Visa card access, and embedded yield. Wayex traces its origins to CryptoSpend, founded by two University of Technology Sydney students in 2018.
Wayex (formerly CryptoSpend) rebrands as it expands beyond its original visa-backed crypto card, Australia’s first. The company targets broader growth while maintaining its core financial product offerings. The move signals a strategic shift toward scaling operations and market reach.
Sydney-based CryptoSpend seeks $5 million in Series A funding at a $30 million to $50 million valuation. The company plans to expand its native crypto Visa card into Asia and New Zealand.
