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Wirex BaaS Powers Utorg With Card Infrastructure, IBAN Banking Rails, and Global Payment Acceptance — Live in Weeks
Wirex, a full-stack crypto card issuer and Banking-as-a-Service (BaaS) provider, has announced a strategic partnership with Utorg, a global fintech company building consumer and business infrastructure for the stablecoin economy. Utorg’s platform serves more than 2 million users across 190+ countries — and through this partnership, every one of them gains access to a more seamless bridge between digital assets and everyday spending.
Through Wirex BaaS, Utorg will embed fully compliant card issuance and banking infrastructure directly into its consumer platform. Users will be able to hold assets in self-custodial wallets and spend their balances at merchants worldwide via a Wirex-powered payment card — all within a single, unified experience.
The integration brings together non-custodial card infrastructure, IBAN banking rails, and global payment acceptance, and is built to go live in weeks rather than months. For Utorg, it’s a decisive step toward its core vision: making digital assets genuinely practical for everyday life by combining self-custody, global payments, and local financial rails into one seamless consumer product.
 
Wirex BaaS: Powering Utorg’s Card Infrastructure
Through a single API integration, Utorg gains access to Wirex’s complete BaaS stack:
- Non-Custodial Card Issuance — Virtual and physical debit cards that let users spend their crypto holdings while maintaining full self-custody, with Apple Pay and Google Pay integration.
- EUR & USD IBAN Accounts — Named virtual IBANs with SEPA Instant and Faster Payments connectivity, supporting fiat on- and off-ramps across 30+ countries.
- Real-Time Crypto-to-Fiat Conversion — Instant conversion at point of sale with zero prefunding requirements, making every transaction seamless for the end user.
- DeFi Yield with Enterprise Controls — Integrated yield opportunities on idle balances with full compliance and risk management.
Utorg: Connecting Local Finance to the Global Stablecoin Economy
Utorg has built a platform that bridges local payment systems with the fast-growing stablecoin economy, giving users the freedom to move fluidly between fiat and digital assets without ever giving up control of their funds.
At the heart of the platform is a consumer experience designed for real-world use: self-custodial wallets, instant crypto purchases, and embedded financial tools that make digital assets accessible to everyday users — not just crypto natives.
With Wirex BaaS now integrated, that ecosystem takes a significant leap forward. Users can spend their digital assets at more than 80 million merchants across 130+ countries, turning self-custodial balances into a genuinely global payment tool — and bringing Utorg’s vision of practical, borderless finance one step closer to reality.
“Our BaaS platform exists so that builders like Utorg can focus on their product instead of piecing together payment infrastructure from scratch,” said Daniel Rowlands, General Manager, Onchain Finance at Wirex. “Utorg has built something exceptional — a frictionless on-ramp experience loved by hundreds of thousands of users globally. With Wirex BaaS, they now have the card and banking rails to complete that journey from purchase to spend. That’s what full-stack BaaS makes possible.”
“We built Utorg to bridge the gap between the traditional financial system and the emerging stablecoin economy,” said Eugene Petrakov, Co-founder at Utorg. “Our goal is to give users a simple way to buy digital assets, keep them in self-custodial wallets, and use them in everyday life. Partnering with Wirex allows us to extend that experience further by enabling global spending directly from the same environment where users manage their crypto.”
Utorg joins a growing roster of crypto-native platforms that have chosen Wirex BaaS as the backbone of their payment card programmes — alongside Cardano, Simple App, COCA, Chimera Wallet, and Collective Memory — as demand for compliant, full-stack card infrastructure continues to accelerate across the industry.
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