Archives

May 4, 2023 @ 11:17 pm By Omar Faridi  |  

Airwallex, a global fintech platform, is pleased to announce the launch of its Go Global campaign in Hong Kong, “unlocking opportunities for SMEs, ecommerce businesses and start-ups to scale and expand internationally.” Airwallex Hong Kong’s continued growth and development in the market “is evidenced by… Read More

April 21, 2023 @ 8:20 am By Omar Faridi  |  

Airwallex announced the launch of its global payments services in Canada. The launch will empower Canadian businesses “to tap into Airwallex’s global payments and financial platform, offering a faster, more cost-effective and transparent alternative to the traditional banking platform.” Businesses in Canada can now “access… Read More

April 17, 2023 @ 9:23 pm By Omar Faridi  |  

NSW, Queensland and Tasmanian digital businesses have seen their annual turnover “jump by up to 13%, even as Aussies’ online spending dropped by more than $124 million nationwide.” The first Digital Economy Index released by payments fintech Airwallex shows Australians have “spent $124.1 million less… Read More

April 13, 2023 @ 10:17 pm By Omar Faridi  |  

Singapore businesses have a “cautious” economic outlook, as new data from global fintech Airwallex reveals 7 in 10 small and medium-sized enterprises (SMEs) here are “bracing for a potential recession within the next two years.” The independent research “considered the challenges SMEs in Singapore would… Read More

March 8, 2023 @ 10:02 am By Omar Faridi  |  

Global payments and financial platform Airwallex has secured a payment business license in China, following the successful acquisition of “a 100% stake in Guangzhou Shang Wu Tong Network Technology Co., Ltd., an information and online payment services company. Shang Wu Tong Network Technology has a… Read More

February 16, 2023 @ 9:20 pm By Omar Faridi  |  

  Airwallex has announced senior appointments to its global leadership team “as the global payments and financial platform focuses on its expansion into 2023.” Justin Yek has “commenced in the newly created role of Head of Strategic Finance and Corporate Development following more than 10… Read More

January 26, 2023 @ 10:47 am By JD Alois  |  

Payments and infrastructure Fintech Airwallex is expanding into Lithuania, according to a note from the firm. Airwallex currently operates in 19 locations around the world, including a presence in Asia Pacific, Europe, the UK and North America. Airwallex employes approximately 1200 individuals. After its last… Read More

January 17, 2023 @ 8:38 am By Omar Faridi  |  

Global fintech Airwallex has announced the launch of a partnership with American Express, allowing Airwallex customers “to accept American Express Cards as a payment method.” Airwallex customers in Australia, Hong Kong, Singapore and the United Kingdom will now be able to “accept American Express Card… Read More

December 11, 2022 @ 3:54 pm By Omar Faridi  |  

With the surging demand of international business travel, global fintech platform Airwallex is partnering with Agoda, a global digital travel platform, “to make travel planning easier for Hong Kong SMEs and startups.” As mentioned in the announcement, Airwallex Hong Kong customers will “be able to… Read More

December 7, 2022 @ 4:08 pm By JD Alois  |  

Airwallex has partnered with open banking platform Plaid. The agreement will see Airwallex offer an integrated solution for Automated Clearing House (ACH) payments. Airwallex said this will enable a more seamless and cost-efficient way to authorize debits from bank accounts into Airwallex accounts.  Users will… Read More

December 6, 2022 @ 11:15 pm By Omar Faridi  |  

Global fintech platform Airwallex is pleased to announce that Kai Wu has been jointly appointed “as the company’s Chief Revenue Officer (CRO) and Asia-Pacific General Manager (APAC GM).” Kai has “held a number of senior positions at Airwallex for close to five years, including as… Read More

November 19, 2022 @ 12:26 pm By Omar Faridi  |  

Global fintech platform Airwallex announced that UK-based small and medium-sized enterprises (SMEs) remain optimistic about international expansion next year, “with almost three-quarters (70%) planning to expand into, or further into, foreign markets in 2023.” The independent research, which surveyed 500 UK SME decision makers in… Read More

November 8, 2022 @ 1:14 am By Omar Faridi  |  

Paysera has reportedly made an agreement with the global Fintech platform Airwallex. This agreement opens the gateway for Paysera’s customers to send funds to 149 different countries and open IBAN accounts of 9 countries. Bashkim Zeqiri, the Vice President of the Paysera Group, and the… Read More

November 2, 2022 @ 10:37 am By Omar Faridi  |  

Global fintech platform Airwallex announced a Buy Now Pay Later (BNPL) functionality in partnership with Atome, Asia’s lBNPL brand. Announced recently, the collaboration will “enable Airwallex merchants to offer BNPL as a payment option to shoppers across Hong Kong, Indonesia, Malaysia and Singapore.” The partnership… Read More

October 10, 2022 @ 10:02 pm By JD Alois  |  

Airwallex has raised an additional USD $100 million at a valuation of USD $5.5 billion, the same as its previous round. The “Series E extension” raising money from existing investors, Square Peg, Salesforce Ventures, Sequoia Capital China, Lone Pine Capital, Hermitage Capital, 1835i Ventures and… Read More

September 18, 2022 @ 11:46 pm By Omar Faridi  |  

China and the US present the “greatest” opportunity for cross border eCommerce expansion in 2022 and beyond, according to a joint report from Airwallex and PPRO. China has “the largest cross border eCommerce market with a total value in 2021 of USD 301.5 billion.” The… Read More

September 4, 2022 @ 11:58 pm By Omar Faridi  |  

Australian businesses have “ambitious” plans for international expansion, as new data from global fintech Airwallex reveals more than two thirds of small-to-medium Aussie businesses (69 per cent) plan “to be operating outside Australia by 2027.” Airwallex’s inaugural Australian Business Growth Index found “a third of… Read More

July 25, 2022 @ 6:59 pm By Omar Faridi  |  

Airwallex, which claims to be a leading global Fintech platform, announced the launch of its Airwallex Online Payments App on Shopify. The Airwallex Online Payments App is “a payment gateway plugin that merchants can integrate on their online store to accept payments from their global… Read More

March 27, 2022 @ 6:12 pm By Omar Faridi  |  

The team at Airwallex notes that as the global online sales continue to grow, “so do customer expectations.” Digital wallets such as Apple Pay are “becoming more popular, more secure — and without all the friction, more necessary for eCommerce success.” As noted in the… Read More

March 7, 2022 @ 9:47 pm By Omar Faridi  |  

Airwallex, an international Fintech platform, recently announced its partnership with investing app, Plum, in order to support its cross-border payments and FX requirements. Airwallex was selected as Plum’s international payments and FX partner “to support the launch of Plum’s new stock investing feature that will… Read More