Tagged: airwallex

Digital Economy Index from Airwallex Reveals Australians Spent More Towards End of 2023 Compared to Previous Year

Australians spent nearly AUD$200 more through the latest peak sales season in 2023 compared with 2022, according to the latest Digital Economy Index from global financial platform Airwallex. The Airwallex Digital Economy Index reportedly “records year-to-date spending per adult, as well as quarter-by-quarter snapshots of… Read More

Global Fintech Airwallex Appoints Nadav Tamam to Lead Enterprise Business in Israel, Middle East

Global Fintech Airwallex has reportedly announced the appointment of Nadav Tamam in order to spearhead its enterprise business focused on Israel and the Middle East region. As reported by news outlets focused on Israel, Tamam has prior experience working at firms like Google as well… Read More

Fintech Airwallex Releases Data on Impact of Generative AI Tool that Enhances Efficacy of KYC and Onboarding Processes

Airwallex shared data on the impact of a new generative AI tool that enhances the speed and efficacy of its “Know your Customer” (KYC) and onboarding processes. The new tool reduces ‘false positives’ by 50 percent “on average, while boosting the number of customers that… Read More

Global Fintech Airwallex Reports Steady Growth of Singapore Operations

Following a “strong” year of growth, global fintech platform Airwallex has recently  announced business highlights in Singapore. In the first half of 2023, Airwallex Singapore “saw 13x growth (1213%) in year-on-year revenue and more than 11x growth (1015%) in total transaction volume as businesses in… Read More

Fintech Airwallex Launches “Yield” High Returns Account

Businesses can earn returns on their US-dollar balances without opening an overseas bank account with a new Australian-first account from global financial platform Airwallex. Airwallex’s Yield also “offers Australian businesses more than double the big banks’ returns on AUD funds, all without minimum lock up… Read More

Embedded Finance Being Leveraged By SMBs as Traditional Banks Fall Short – Report

Airwallex, a global payments and financial platform for modern businesses, announced a new global survey that revealed surging demand for cloud-based financial services “with more than 80 per cent of SMBs looking to switch away from traditional banks for their payment needs.” The report, jointly… Read More

Fintech Airwallex to Acquire Mexican Payments Firm MexPago

Airwallex, a global payments and financial platform for modern businesses, today announced it has signed a definitive agreement to acquire MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder. The transaction is subject “to regulatory approvals and customary closing… Read More

Airwallex and Alpaca to Deliver Seamless Experience for Investors Purchasing US Stocks

Airwallex, a global payments and financial platform for modern businesses, announced its partnership with Alpaca, a developer-first API brokerage platform, to support Alpaca’s global payments and foreign exchange (FX) needs. The announcement comes on the heels of several recent Airwallex wins “in the wealthtech category,… Read More

Online Spending Declines as Retailers Brace for Challenging Market Conditions, Airwallex Report Reveals

A spending downturn in the retail and e-commerce sector drove a $2.9 billion YoY nation-wide drop in online spending, according to the Q3 Digital Economy Index from global financial platform Airwallex. The quarterly Airwallex Digital Economy Index “records year-on-year and quarter-on-quarter snapshots of the digital… Read More

Airwallex, Public to Lower FX Costs for UK Investors Acquiring US-based Equities

Airwallex, a global payments and financial platform for modern businesses, today announced its partnership with Public, a U.S.-based multi-asset investing platform, to minimise conversion costs for UK investors when purchasing U.S.-based equities on the Public app. The news comes on the heels of Public’s entry… Read More

OurCrowd Enlists Airwallex to Streamline Investment Process

OurCrowd, one of the largest securities crowdfunding platforms in the world, has signed up Airwallex to streamline the investing process.  The Airwallex service was actually integrated several months back, with more than a third of OurCrowd’s funding going through Airwallex, typically completed in under 24… Read More

Fintech Airwallex Australia and New Zealand Region Reports Steady Growth with 115% Revenue Increase YoY

Global financial platform Airwallex has delivered “a 115 percent increase in revenue across Australia and New Zealand YoY.” The progress comes as Airwallex “delivers global revenue growth of 120 percent YoY and global transaction volume growth of 77 percent YoY.” The revenue and transaction volume… Read More

Fintech Firm Airwallex Scales Money Movement, Collaborates with Brex

Airwallex, a global payments and financial platform for modern businesses, today announced a partnership with Brex, a U.S.-based financial technology company, to support its global expansion. Airwallex continues to “assemble a rapidly growing ecosystem of customers and partners, validating its position as a catalyzing force… Read More

Australia: National Online Spending Declines Despite Pockets of Growth, Airwallex Report Claims

Australians are spending on average nearly $600 less online than they were a year ago, according to the latest Digital Economy Index from global financial platform Airwallex. The Airwallex Quarterly Digital Economy Index “records year-to-date spending per adult, as well as quarter-by-quarter snapshots of the… Read More

Global Payments Fintech Airwallex Appoints Luke Latham as Australia, New Zealand GM

Australian-born payments company Airwallex has appointed Luke Latham as General Manager for its Australia and New Zealand business. Latham joins Airwallex following senior roles “with Amazon, Amazon Web Services, Groupon and most recently as Chief Operating Officer for MILKRUN.” Airwallex CEO and Co-founder Jack Zhang… Read More

Open Banking: Fintech Airwallex, TrueLayer to Enhance Payments Infrastructure

Airwallex, the global payments and financial platform for modern businesses, today announced its partnership with TrueLayer, the payments network powered by open banking, to deliver innovative payment solutions for businesses. TrueLayer will leverage Airwallex’s global payments and financial infrastructure API “to build new products and… Read More

Fintech Airwallex, MODIFI to Launch Account Solution for Cross-Border B2B payments

Airwallex announced a partnership with MODIFI, a global commerce platform for business payments, in order “to launch a streamlined, innovative, and secure solution for transferring money across multiple regions.” Leveraging Airwallex’s global payments and financial infrastructure, MODIFI has created Global Account Solutions, “a payment tool… Read More

Fintech Airwallex, Expedia to Help Business Travelers Improve Traveling Experience

Against a surge in both business and personal travel, global fintech Airwallex and leading travel technology company Expedia Group announced today a joint promotion to help customers save when booking hotel stays. Jessica Chiu, Head of North American Strategic Partnerships at Airwallex said global business… Read More

Fintech Airwallex Launches Operations in Israel, Aims to Expand Services Across Middle East

Airwallex, a global payments and financial platform for modern businesses, announced its official launch in Israel to fuel future expansion across the region, including the appointment of Or Liban as Airwallex’s Head of Israel and the Middle East. This expansion comes at “a pivotal moment… Read More

Fintech Airwallex Hong Kong Division Reports Substantial Revenue Increase

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

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