Wirex has announced that Kolo (kolo.xyz), a licensed digital wallet with a large and active global community, has partnered with Wirex BaaS to launch Wirex co-branded cards, IBANs, 0% FX conversion for people who earn, hold and spend across borders.
The collaboration expands and evolves Kolo’s existing feature set, enabling everyday consumer spending with a complete daily-spend account alongside a debit card for regular use, powered by stablecoins.
What the Kolo & Wirex Baas Integration Includes
Kolo has gone live, utilising Wirex BaaS’ full stack to offer a daily-spend account to their users:
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Co-branded everyday card: A Kolo-branded card designed for daily purchases at 80 million+ merchants, with Apple Pay and Google Pay and self-custody
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IBANs for income & bills: Named EUR & USD IBANs for receiving income and paying bills, with SEPA Instant and Faster Payments
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Everyday zero-FX on/off-ramps: Seamless conversion between fiat and stablecoins at 0% FX for routine top-ups and withdrawals, so daily spending carries no currency penalty.
Why Kolo Partnered with Wirex
Modern financial life rarely fits inside one country or one currency. Kolo is built for exactly that reality – and the Wirex integration completes it: income in, stablecoins held, card payments out.
“We wanted Kolo to be the app our community opens every day, not just a place to park assets. Now that we’re live with Wirex, a user can get paid into their IBAN, tap their Kolo card for the weekly shop with no FX charge, and earn yield on what’s left – all in one place. The speed at which these offerings went live meant our community is already living in the product,” said Pavlo Luchkovskyi, CEO at Kolo.
“Kolo went live consuming Wirex’s full stack, because their ambition is to be a daily-primary account, not a niche feature,” said Daniel Rowlands, General Manager at Wirex.
“That’s exactly what an everyday-spend product needs — and it means Kolo can be the first account its community reaches for, every day.”