Wizz Financial Completes First Stablecoin-Powered Cross-Border Transaction from the US to 80 Countries with BitGo

Wizz Financial Completes First Stablecoin-Powered Cross-Border Transaction from the US to 80 Countries with BitGo

Summary

/PRNewswire/ -- Wizz Financial, the global fintech company specializing in cross-border payments and digital wallets, today announced the completion of its...

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 /PRNewswire/ -- 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.

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