Payments platform Airwallex is reportedly in discussions to raise $200 million. The Singapore-based company aims to close the funding round at the end of the year, targeting a $6 billion valuation, Bloomberg reported Wednesday (Oct. 30), citing unnamed sources. “As a rapidly scaling company, we...
Viably and Airwallex have partnered on a solution that enables eCommerce businesses to simplify cross-border transactions and manage multiple currencies in a single account. The Viably Global Account, powered by Airwallex, allows sellers to pay vendors and suppliers around the world, collect payouts from marketplaces...
Payments platform Airwallex says its yearly processing volume has exceeded $100 billion. That marks an increase of 73% year over year, the Australian company announced in a Thursday (Aug. 15) press release. The company also noted it has witnessed increasing volumes across all products, such as payments, FX, payouts...
Float, which offers a business finance platform for Canadian companies, has chosen Airwallex to power its new bill pay product. The new product enables fast and cost-efficient bill payments for both domestic and overseas transactions and includes bank transfers, EFT, wire and ACH, the companies...
May 03, 2024
A 3% gain in the FinTech IPO Index this past week was led by the platforms. And in many cases, those firms have yet to report earnings — so, perhaps, let’s call this an anticipatory rally. Katapult, the lease-to-own platform, saw its shares leap 49.7% through the past five sessions. The company filed its 10-K […]
September 29, 2023
The pandemic era ushered in many favorable trends for global eCommerce businesses, but times have changed, says Pranav Sood, EMEA executive GM at payments firm Airwallex, as international merchants grapple...
March 19, 2020
Getting U.S. companies to switch to electronic B2B payments is tough enough, but adoption problems only grow when you add in cross-border transactions. “It’s an area that’s ripe for disruption....
November 19, 2024
Swedish payments group Klarna is planning an initial public offering (IPO) for next year. However, many of its FinTech compatriots aren’t ready to jump on the IPO bandwagon, CNBC reported Tuesday (Nov. 19). For example, Hiroki Takeuchi, CEO of online payments startup GoCardless, said last week that his company, which was last valued at over […]
October 30, 2024
Payments platform Airwallex is reportedly in discussions to raise $200 million. The Singapore-based company aims to close the funding round at the end of the year, targeting a $6 billion...
October 29, 2024
Viably and Airwallex have partnered on a solution that enables eCommerce businesses to simplify cross-border transactions and manage multiple currencies in a single account. The Viably Global Account, powered by...
August 15, 2024
Payments platform Airwallex says its yearly processing volume has exceeded $100 billion. That marks an increase of 73% year over year, the Australian company announced in a Thursday (Aug. 15) press release. The company...
