- Founded
- 2022-01-01 in Vancouver, British Columbia, Canada
- Headquarters
- Vancouver, British Columbia, Canada
WeWire is a Canadian fintech company founded in 2022 that simplifies cross-border business payments by integrating traditional currencies and stablecoins into a single platform. Headquartered in Vancouver, the company serves over 2,000 businesses across 80+ countries, processing over US$1 billion in transactions by 2024. Its key offerings include multi-currency virtual business accounts, smart invoicing with embedded payment links, virtual IBAN accounts as a Banking-as-a-Service solution, and compliant stablecoin settlement. WeWire also launched the GHST mobile app for individuals and a dedicated Africa-focused service. The company holds regulatory licenses in Canada (FINTRAC), Mauritius (FSC), and the UAE (free zone), is ISO 27001 certified, and has been accepted into the Bank of Ghana’s regulatory sandbox for blockchain-based payments. With a lean team of 28 employees, WeWire operates offices in Canada, Cameroon, and the UAE.
Detailed Review
History and Founding
WeWire was founded in 2022 with the mission of simplifying cross-border payments for businesses, particularly those facing friction when transacting with African buyers and sellers. The company’s platform aggregates collections, settlement, and disbursement across multiple currencies into one interface, eliminating the need for separate banking relationships in each market. Within two years, WeWire crossed US$1 billion in transaction volume and now serves over 2,000 businesses globally. The company has grown organically, with no disclosed external funding as of early 2025.
Core Products and Platforms
WeWire offers a suite of products designed to streamline international payments. Virtual Business Accounts allow businesses to send and receive payments in 80+ countries, with local IBANs and routing numbers in select markets. The Smart Invoicing tool enables global suppliers to accept payments in African local currencies (GHS, NGN, KES, UGX, XOF, XAF, ZAR) as well as major currencies like USD, GBP, and EUR, with embedded payment links, auto-reminders, and bulk imports. Virtual Naira Accounts give global businesses a way to collect Nigerian Naira payments without local incorporation. A planned Virtual IBAN service will offer Banking-as-a-Solution (BaaS) by providing international bank accounts to local businesses. WeWire also enables Stablecoin Payments for compliant business transactions, supported by its acceptance into the Bank of Ghana’s regulatory sandbox for blockchain-based payment solutions.
Regional Focus and Mobile App
In July 2023, WeWire launched WeWire Africa, a regional solution focusing on trade and payments between Africa, the United States, and Dubai. For individual users, the company introduced the GHST Mobile App, which allows users to hold and transact in both local currencies and stablecoins from a single wallet. These initiatives reflect WeWire’s strategy to cater to the growing demand for digital payment infrastructure in emerging markets.
Licensing and Compliance
WeWire holds a FINTRAC Money Services Business license in Canada (MSB No. M22043415) and is registered in British Columbia. It also holds a Treasury License and Global Business License from the Financial Services Commission (FSC) in Mauritius, and is registered as WeWire Technologies FZCO in the Dubai World Centre Free Zone in the UAE. The company is ISO 27001 certified for information security, underscoring its commitment to data protection and compliance.
Partnerships and Recent News
WeWire has partnered with Paga to obtain an Agent IMTO license, and collaborates with strategic partners for its Virtual IBAN offering. The company participated in the Bank of Ghana’s regulatory sandbox for developing blockchain-based payment solutions. As of January 2025, WeWire employs 28 people across offices in Vancouver (Canada), Cameroon, and the UAE. The company continues to expand its geographic reach and product line, aiming to further simplify cross-border commerce.
Key Products
Virtual Business Accounts
Multi-currency accounts allowing businesses to send and receive payments in over 80 countries.
Smart Invoicing
Invoicing tool with embedded payment links, auto-reminders, tax/discount fields, and multi-currency settlement.
Virtual IBAN Accounts
Banking-as-a-Service (BaaS) providing international bank accounts (IBAN) to businesses without local registration.
Stablecoin Business Payments
Compliant, 24/7 cross-border settlements using blockchain and stablecoins.
Virtual Naira Accounts
Local Nigerian Naira accounts for domestic and global businesses trading with Nigeria.
Wired Times
Research newsletter covering currency market trends and finance insights, launched in early 2025.
Virtual International Bank Account Numbers (vIBAN)
EUR, USD, and GBP virtual accounts that allow businesses to collect international payments without needing a foreign bank account.
Smart Cross-border Invoicing
Enables businesses to invoice clients in their local currency while receiving settlement in the business's preferred currency.
Multi-Currency Virtual Business Accounts
Local account details in 80+ countries for sending and receiving payments, with local payment rails in strategic African markets.
Cross-Border Supplier Payments
Platform to pay foreign suppliers in their local currency using the buyer’s local currency, supporting 20+ countries.
Virtual IBAN (planned)
BaaS solution to provide international bank accounts to local businesses, simplifying market entry.
Stablecoin Payments
Compliant business payments using stablecoins, with regulatory sandbox participation in Ghana.
GHST Mobile App
Individual app for sending/receiving money in local currencies and stablecoins from a single wallet.
WeWire Africa
Regional solution launched in 2023 focusing on African trade and payments to/from the US and Dubai.
Offices & Headcount
28 employees (approx.)
Key Persons
Ebenezer GhanneyFounder and Chief Executive Officer