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Australia’s Airwallex Plans Global Expansion of Cross Border Services By Launch In US

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As per the latest reports on Aug 25th, 2021, the Australian-based FinTech company, and a global platform, Airwallex declared its launch in the US in a public statement. The company will work under the latest approved licenses in the United States, demonstrating its presence in the first North American nation.  This launch will further help the company in extending its international growth momentum as well as make US-based businesses leverage a full range of products to execute their cross-border payment needs in a quicker, transparent, and safe way. The company is well-versed in facilitating cross-border payments, also explained in the statement that it is establishing one of five engineering centers in San Francisco, where Airwallex already maintains an office consisting of around 30 employees. Talking about other engineering centers, they are in Melbourne; Shanghai, China; Sydney, Australia; and the Netherlands. The reported expansion in the US is a result of a partnership with E...