Tag: airwallex

As Pranav Sood returns to the company from Bain Capital, Airwallex has raised $320m from a series H funding round to help develop AI tools.

Multiple payment fintechs have announced expanded offerings across Apac, reflecting a growing cross-border payment space that might challenge traditional players, especially for SMEs.

Finance professionals in Hong Kong have acknowledged the increasing importance of spend management in their operations in a recent survey.

Justin Yek and Jon Stona have joined the Australia-headquartered firm in Singapore, from Morgan Stanley and Stripe, respectively.

The firm continues to deploy the $100 million raised in October last year to support growth plans, product expansions and hiring.

The new round brings the payments firm’s total raised to over $900 million, as it eyes further expansion into Southeast Asia.

The payments firm will be waiving fees for new accounts and transfers, to give SMEs respite as Hong Kong eases tough Covid-19 restrictions.

The partnership will allow Choco Up to offer an integrated finance solution covering cross-border payments, collections and growth funding.

Timo raised fresh funds in a $20 million round led by Square Peg Capital, which has backed several other regional fintech and payments players.

The payments firm has secured regulatory approval to offer payment services in Singapore.

Hong Kong unicorn Airwallex is getting a regional leg up from Deutsche Bank which will allow the fintech to provide virtual account collections and API-enabled foreign exchange services in Japan and Hong Kong

Two Asia-focused cross-border payment start-ups - Airwallex and InstaRem – are out to disrupt cross-border payments for businesses in the region. How soon will it be before we're all using them?