Wirex Limited Raises the Bar on Transparency With Candid 2025 Report – Over £630,000 in Suspected Illicit Funds Blocked

Wirex Limited has published its 2025 Transparency Report, authored by CEO Chet Shah, aiming to set a new standard for industry openness by providing data-rich evidence of its operations rather than relying on vague claims. A central finding is that Wirex prevented £630,000 in suspected laundered funds from moving through the financial system in 2025. Key highlights include stopping £183,752 in retail scams, submitting approximately 500 Suspicious Activity Reports to the UK National Crime Agency, and screening against over 30 global sanctions lists daily. The report also detailed customer complaint resolution, upholding 36 complaints, mainly concerning fund freezing. Furthermore, Wirex reported positive organizational health metrics, such as a near 50/50 gender balance and low voluntary turnover. The report noted that the Financial Conduct Authority inspected their financial crime controls in 2025 and found no material issues, which the CEO views as validation of their direction.

(Source：BeInCrypto)