Airwallex Launches Payment Acceptance Services in the U.S.

April 30, 2024, 3:32 am
Airwallex
Airwallex
BusinessEconomyExchangeFinTechInfrastructureOnlinePlatformServiceShopTechnology
Location: Australia, Victoria, Melbourne
Employees: 1001-5000
Founded date: 2015
Total raised: $1.32B
PayPal
PayPal
AgriTechEdTechFinTechInformationITMusicNonprofitOnlinePageService
Location: United States, California, San Jose
Employees: 10001+
Founded date: 1998
Total raised: $45K
Airwallex, a global fintech firm, has expanded its payment acceptance services to the US. This move allows US businesses to accept both domestic and international payments, while foreign companies with operations in the country can offer local payment options to customers. The company aims to help US companies tap into a global customer base and assist businesses worldwide in accessing the massive US market.

Airwallex, founded in Melbourne in 2015, offers various services including global account issuance, money transfers, multicurrency wallets, and online payment acceptance. The firm has raised significant funding from investors like Tencent, Sequoia Capital, and Salesforce Ventures. With operations in 35 countries, Airwallex has seen rapid growth in its Singapore operations, with a substantial increase in revenue and transaction volumes.

The expansion of Airwallex's payment services to the US signifies the company's commitment to providing innovative solutions for businesses worldwide. This strategic move not only benefits US businesses but also opens up new opportunities for global companies looking to enter the US market. With its focus on transparency and ethics, Airwallex continues to revolutionize the fintech industry and drive financial inclusion on a global scale.