← Embedded Finance Index 2026

WireFX

“Can a compliance-first payment technology platform become the connective layer between modern fintechs and traditional US financial institutions for domestic and international payments?”

Founded2019
HQEast Gull Lake, MN (incorporated in Delaware)
FoundersJeff Althaus
IndustryInfrastructure / Payments
The story

Founded in 2019 as WireFX by payments industry veteran Jeff Althaus, the company identified a gap between traditional US bank infrastructure and modern fintech expectations. It was initially positioned as a cross-border and FX payment technology platform. By 2024 the company rebranded to Mozrt, broadening its value proposition to serve both financial institutions (banks and credit unions needing payment modernization) and fintechs (connecting them to FDIC-insured bank partners). The rebrand reflects a shift from a single-product FX tool to a full-stack compliance-first payment orchestration platform supporting international payments, domestic rails, FedNow, and virtual accounts.

Last 12 months
2026-02
Product timeline
2019
Founded as WireFX by Jeff Althaus to create a fully integrated digital payment solution for financial institutions.· pivot
2023
WireFX and Monex USA announced a partnership to deliver global payments capabilities to US corporate clients.· banking
2024
Rebranded from WireFX to Mozrt, retaining wirefx.com as a redirect; expanded platform to cover domestic and international payments, virtual accounts, FedNow, and embedded compliance workflows.· pivot
The stack
3 layers disclosed in WireFX’s embedded-finance stack
Payments / PSP
global payments
Sponsor bank
in the full report
FX & payouts
in the full report
Accounting gap: none
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.