Milestone
marks the next phase of Wizz Financial’s multi-product fintech platform,
extending its Wizz Cross Border USA capabilities into blockchain-based B2B and
B2C payments
Dubai,
UAE – March 12 2026 : Wizz Financial, the global fintech
company specializing in cross-border payments and digital wallets, today
announced the completion of its first stablecoin-powered cross-border
remittance and treasury transaction originating from the United States, with
capabilities into 80 countries, in partnership with BitGo Bank & Trust,
N.A. (“BitGo”), an OCC-regulated digital asset trust bank and subsidiary of
BitGo Holdings, Inc. (NYSE: BTGO). Through the partnership, Wizz Financial is
utilizing BitGo’s institutional-grade wallet infrastructure and e-trade services
to facilitate the conversion of fiat currency into stablecoins, enabling
near-real-time settlement, enhanced liquidity management, and compliant,
scalable cross-border remittance flows across its global network as new
corridors are progressively launched.
This
transaction marks the launch of Wizz Financial’s proprietary stablecoin and
blockchain strategy through its Wizz Cross Border USA platform, designed to
support both B2B and B2C cross-border payment flows.
By
integrating blockchain rails into its existing remittance, card, and digital
payments infrastructure, Wizz Financial aims to improve settlement speed,
transparency, pricing efficiency, and liquidity management, while operating
within established regulatory and compliance frameworks.
The
Group’s US platform is now live, enabling outbound payments from the United
States to global receiving markets. It also provides ACH-type account
capabilities to non-US customers, expanding access to US payment infrastructure
for international users.
“The
cross-border payments industry has been overdue for disruption. With this
milestone transaction, Wizz Financial is proving that stablecoin technology,
combined with robust regulatory compliance, can deliver what customers truly
need: speed, transparency, and affordability at scale. We’re building the
future of global remittances, and this is just the beginning,” said Amir
Nagammy, Founder & CEO of Wizz Financial.
“Our
investment in blockchain infrastructure has culminated in a direct settlement
system that fundamentally reimagines treasury operations. By partnering with
BitGo and leveraging stablecoin rails, we have eliminated the inefficiencies
and delays that have plagued traditional cross-border payments. What was once a
complex, multi-day process now happens in near-real-time, and we are making it
accessible to businesses and individuals worldwide,” said Ben Yaniv Chechik,
Chief Technology Officer & Chief Product Officer of Wizz Financial.
“We’re
pleased to support Wizz Financial on this project and its work to improve
cross-border payments” said Nick Coombs, Managing Director at BitGo.
“BitGo’s institutional platform is built with security and compliance in mind,
providing the infrastructure to help solutions like Wizz Cross Border USA
operate at scale.”
The
milestone demonstrates Wizz Financial’s ability to combine regulated financial
infrastructure with blockchain technology to support remittances, card
programs, corporate settlements, and treasury flows across global markets. Wizz
Financial plans to work closely with regulators, banks, payment networks and
global partners to scale this model and extend stablecoin-based services to
more corridors and customer segments. The company is also exploring additional
blockchain partnerships and custody solutions to enhance operational efficiency
and security across its ecosystem.
About
Wizz Financial Group:
Wizz
Financial is a financial technology company focused on transforming
cross‑border money movement and digital lending across strategic economic
corridors spanning India, the GCC, Southeast Asia and the United States.
Headquartered in the United Arab Emirates and India, the Group operates a
hybrid neo‑banking model that combines a unified digital wallet ecosystem with
physical infrastructure to serve customers in both their home and resident
jurisdictions through a single platform.
Wizz
Financial offers a comprehensive suite of B2C and B2B services, including
remittances, foreign exchange, card issuance and processing, digital wallets,
secured lending, stablecoin treasury and liquidity solutions, and
platform‑as‑a‑service solutions, underpinned by an in‑house cloud‑native
technology stack. The Group operates under more than 50 regulatory licenses
worldwide with a network of over 500 branches. Wizz Financial was co‑founded by
Amir Nagammy and Abu Dhabi Capital Group (ADCG).
About
BitGo:
BitGo
(NYSE: BTGO) is the digital asset infrastructure company delivering custody,
wallets, staking, trading, financing, stablecoins, and settlement services from
regulated cold storage. Since 2013, BitGo has focused on accelerating the
transition of the financial system to a digital asset economy. BitGo maintains
a global presence and multiple regulated entities, including BitGo Bank &
Trust, National Association, the first federally chartered digital asset trust
bank owned by a publicly traded company. Today, BitGo serves thousands of
institutions, including many of the industry’s top brands, financial
institutions, exchanges, and platforms, and millions of investors worldwide.
For
more information, visit www.bitgo.com.
Disclaimer
This
announcement and the stablecoin-powered cross-border transaction described
herein are not applicable to India and do not involve any Wizz Financial India
entities.
These
activities are solely undertaken by Wizz Financial’s overseas group entities in
compliant jurisdictions.
