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Bitget Wallet Hits 100M Users — and Payments Just Overtook Trading

SAN SALVADOR, El Salvador, July 07, 2026 (GLOBE NEWSWIRE) — Bitget Wallet, a self-custodial crypto wallet for everyday finance, announced it has surpassed 100 million users globally, and that for the first time in the platform's history, daily payment users now outnumber traders. More than half of those users are based in Southeast Asia, South Asia, Africa, and Latin America, where people are increasingly using crypto wallets as global stablecoin accounts to save, get paid, and spend locally, rather than to trade.

That shift shows up in the data. Bitget Wallet Cards issued have surpassed 150,000 worldwide, available across 50+ markets and spendable at 150M+ merchants. Global card spending reached $31M in the first half of 2026, a 191% increase from H2 2025. In emerging markets specifically, card spend grew by 416% in the same period, showing that financial habits are forming faster in these regions than the global average. Globally, card users averaged 10 payments per month at an average transaction size of $28, consistent with everyday purchases at a frequency that reflects payment as routine. Active cardholders in the US, Europe, and Asia average between 10 and 14 swipes a month — on par with how often consumers use a debit card — while emerging markets like LatAm are catching up fast from a lower base.

The conditions driving it are structural, and specific. In Nigeria, the official naira lost over 40% of its value against the dollar in 2024; in Argentina, the peso lost a comparable share. Conventional remittance corridors into these markets still charge 5–8% per transfer on average. At the same time, both countries are among Bitget Wallet's fastest-growing markets — a direct connection between local currency instability and demand for a stable, low-cost, borderless account. In Southeast Asia and South Asia, the platform's two largest user regions, mobile-first payment infrastructure already exists; Bitget Wallet's QR payments and bank transfer rails plug into habits that are already formed.

“The next wave of users in these markets doesn't think of this as crypto,” said Alvin Kan, COO of Bitget Wallet. “They have a balance in dollars, they spend it, they get paid into it, and they move it across borders. The account just happens to be onchain. What the data is showing us is that this is becoming routine, and what starts as routine in these markets tends to define what global finance looks like next.” In a COO letter published, Kan reflects on the turning points that shaped the platform over the past eight years.

Eight years ago, Bitget Wallet launched as a trading tool for crypto natives. In the last two years, the product was substantially rebuilt around a different use case: the infrastructure that today spans card issuance across 50+ markets, QR payment rails across Southeast Asia and LatAm, and direct bank integrations serving users in Nigeria, Mexico, and Bangladesh didn't exist at the last major milestone. The Onchain Payments Matrix, the settlement infrastructure behind these flows, now spans 80+ payment rails across 100+ currencies and has settled more than $177 billion in stablecoin volume.

More insights and the full data report can be found on the Bitget Wallet blog.

About Bitget Wallet
Bitget Wallet is a self-custodial crypto wallet built for everyday finance. Since 2018, it has given 100M+ users worldwide an onchain account to save, spend, and invest in crypto, supporting 1M+ tokens across 130+ blockchains, 100+ fiat currencies, Visa/Mastercard crypto cards, and localized payment methods. Its security is backed by industry-standard key encryption, a real-time risk engine, independent audits, and a US$300M+ user protection fund. In 2022, Bitget Wallet raised a US$100M funding round led by Dragonfly. For media information, visit web3.bitget.com.

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Disclaimer: For informational purposes only. Cryptocurrencies are subject to high market risk and volatility. No profit is guaranteed. You are strongly advised to conduct own research before investing at your own discretion. Nothing on this page shall be construed as financial advice or solicitation. Past performance does not indicate future results.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4c5f4bdd-196f-4cdb-b17b-fb9a8ed0e5bf


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London Business School announces £25 million gift from the David and Molly Pyott Foundation and David and Molly Pyott

LONDON, July 07, 2026 (GLOBE NEWSWIRE) — London Business School (LBS) today announces a £25 million gift from the David and Molly Pyott Foundation and David and Molly Pyott.

In recognition of this historic gift, the School will name its iconic North Building at Sussex Place, overlooking Regent’s Park, as the David and Molly Pyott Building. The gift will also establish a major scholarship programme that will enable the School to attract talented MBA students over the next decade.

One of the largest philanthropic contributions in London Business School history, this gift reflects the longstanding commitment that David, a graduate of the MSc13(1980) class and the first alumnus to serve as Chair of the School’s Governing Body, and Molly have dedicated to LBS. Their gift takes the School’s record-breaking Forever Forward fundraising campaign to over £170 million raised towards the £200 million campaign goal.

Commenting on their gift, David and Molly Pyott say: “London Business School has long held a special place for us. We have seen firsthand how LBS shapes careers and transforms lives, exactly as it did for David. We believe deeply that our gift will help LBS to unlock opportunities and achieve its full potential.”

The David and Molly Pyott Building will extend the footprint of LBS’s top-ranked Executive Education programmes and strengthen the School’s excellence in developing global business leaders throughout their careers.

Dr David E.I. Pyott, CBE, CStJ has had a distinguished international business career. As Chief Executive Officer of Allergan from 1998 to 2015, he led the global pharmaceutical company through a period of significant growth and innovation. In recognition of his achievements, he received the Director of the Year Award from the National Association of Corporate Directors in 2011. He is a director on the boards of Alnylam Pharmaceuticals and Tarsus Pharmaceuticals. In addition, he is a trustee and member of the Executive Committee of the California Institute of Technology.

Sergei Guriev, Dean of London Business School, says: “We are proud, humbled, and grateful to David and Molly for this transformational gift that is a powerful demonstration of a deep lifelong connection to London Business School and a strong vote of confidence in the School’s future. Generations of LBS students will be inspired by David and Molly’s remarkable personal journey and their lasting impact on business education, business, and society worldwide.”

About London Business School

London Business School’s purpose is to have a profound impact on the way the world does business and the way business impacts the world. The School is consistently ranked among the world’s top business schools and is widely acknowledged as a centre for outstanding research and thought leadership.

In addition to its highly ranked degree programmes, the School offers award-winning Executive Education for business leaders from around the world, frequently placing at the top of global rankings for open and custom executive learning.

Alongside its main campus in London, London Business School has a long-standing campus in Dubai and, in late 2025, officially opened an Executive Education office in Riyadh’s historic Diriyah district, marking a deepened commitment to developing leadership and human capability in the Kingdom. This new presence reflects LBS’s expanding footprint in the Middle East and its partnerships with leading organisations across the region.

The School equips its diverse student body with the tools needed to tackle today’s business challenges and connects them with many of the world’s leading thinkers. Its global community includes more than 58,000 alumni working in over 160 countries, united by a wealth of knowledge, experience and worldwide networking opportunities. London Business School’s faculty members come from more than 30 countries and cover seven core subject areas, including accounting, economics, finance, management science and operations, marketing, organisational behaviour, and strategy and entrepreneurship.

For more information, visit www.london.edu

About the David and Molly Pyott Foundation

Led by President Dr David E.I. Pyott, CBE, CStJ and Vice President Molly Pyott, the David and Molly Pyott Foundation supports initiatives focused on education, healthcare and opportunity, including programmes that educate ophthalmologists worldwide, help young people access employment opportunities, improve support for people with disabilities, and advance the performing arts.

About David Pyott

Dr. David E.I. Pyott, CBE, CStJ is Chair of London Business School’s Governing Body.

Dr. Pyott has a longstanding relationship with the School. An LBS alumnus, MSc13 (1980), he became a Fellow of London Business School in 2006. In the same year, Dr. Pyott received a CBE for services to British business excellence and management skills in the United States. A member of the Governing Body since 2015, Deputy Chair since 2018, and Chair since 2023, Dr. Pyott passionately believes in the vibrancy of the School’s multinational community of faculty, students, alumni, and staff. He will build on the School’s leading position in Executive Education and contribute to the School’s ambition to have a profound impact on the way the world does business and the way business impacts the world.

Dr. Pyott is a member of the Board of Alnylam Pharmaceuticals and Tarsus Pharmaceuticals. Formerly, he was a member of the Supervisory Board of Royal Philips and a Director of BioMarin Pharmaceutical. In addition, he is a trustee and member of the Executive Committee of the California Institute of Technology. He was promoted in 2023 to Commander of the Order of St. John.

Dr. Pyott is a board director for many not-for-profit organisations across America, Europe, and Africa. He and his wife, Molly, created the David & Molly Pyott Foundation, which educates ophthalmologists worldwide, supports young people in employment, improves care for disabled individuals, and advances the performing arts.

About Molly Pyott

Molly Pyott serves as Vice President of the David and Molly Pyott Foundation a private charity registered in Colorado which is focused on philanthropy in a few areas: improving care for disabled individuals; enabling disadvantaged youth secure employment; teaching and educating ophthalmologists in lower and middle income countries; and advancing the performing arts. Ms Pyott leads development and operational strategy for significant grants to The King's Trust (formerly the Prince's Trust) founded by King Charles III; ORBIS International, a global eyecare charity addressing preventable blindness in lower- and middle-income countries; the Ophthalmology Foundation, a U.S.-based charity that creates programs to enhance the skills of ophthalmic educators worldwide; and to classical music and the performing arts. Previously, she was Chairwoman of Easterseals Southern California, a U.S.-based charity providing life-changing services to people with disabilities. She is an Officer in the Order of St. John.

For more information, contact

Christopher Moseley,

Senior PR Manager

London Business School         

Email [email protected]

Mobile +44 7511 577803

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8ddb5264-210e-465f-9a44-d8f2ce6f5d0b

 


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