
Launch year: 2015
Country: Hong Kong
Funds raised: US$ 202m
Airwallex is a fintech company redefining payments globally.
Concept description
Airwallex helps businesses to scale globally with their advanced payment technology stack. The Airwallex API suite enables low-fees, fast and transparent cross-border payments. It encompass the entire international payment value chain, from international collection and payments to foreign exchange and cards.
Value proposition
Payments & FX
- Competitive FX rates for all currency conversions.
- Financial Controls and user access management allow one employee to set up payments while another approves.
- Set up batch payments to overseas employees or regular suppliers to save time.
Global Accounts
- Open GBP, EUR, USD, AUD & HKD accounts without visiting a bank branch – skip waiting time and excessive forms traditionally involved in opening bank accounts.
- Integrate with global online marketplaces, such as Amazon, eBay, Shopify and Paypal, and accept payments in local currencies.
- Zero monthly fees with no minimum transactions. Global accounts are fee-free to open and maintain.
Cards
- Instantly create new virtual Visa cards, which are available for immediate use.
- Save on subscriptions in foreign currencies and overseas business travels
- Enjoy interbank FX rates with no international transaction fees.
Illustration (Video)
https://www.airwallex.com/hk/api-products