Airwallex
Airwallex is a payments platform transforming the way businesses move and manage money globally. With technology at their core, they built a global financial infrastructure to help businesses transact, collect and pay across 130+ countries and 50+ currencies, without the constraints of the traditional global financial system.
See below for the Latest Airwallex News, Analysis, Profit Results, Share Price Information, and Commentary.
Airwallex raises $320m in Series H funding round
Airwallex raises $320m in Series H funding round
Airwallex plans to expand into new markets and scale its AI teams.
Airwallex Singapore revenue surges 107% in FY2025
Transaction volume rose 93% over the same period.
Over 1 in 2 Singaporeans spend $5,000 annually on out-of-pocket business costs
Long waits for reimbursements are one key issue employees face, said Airwallex.
Airwallex gains capital markets services license in Singapore
It is also launching Airwallex Yield to businesses in the city.
Airwallex raises $387m in Series F funding for expansion plans
The company plans to use the funds to expand into Japan, Korea, the UAE, and Latin America.
Demand for embedded finance soars amongst local SMBs
SMBs (75%) are already looking to switch their banking solution provider.
75% of Singapore SMEs mull ditching banks for payment needs
1 in 2 of SMEs in Singapore complained of lengthy processing and settlement times.
7 in 10 local SMEs expect a recession within the next 2 years
In response, SMEs are taking a prudent approach to their financial spending.
Fintech platform Airwallex officially launches in Singapore
Customers of the fintech platform will receive funds locally in SGD.
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Commentary
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