Airwallex stories
Fresh capital will fund Airwallex's expansion and AI product push after the payments firm's valuation jumped to USD $11 billion.
The deal gives finance teams a way to automate revenue recognition and reconciliation as businesses seek cleaner books and faster closes.
Scattered data and stricter rules are slowing rivals, while 37% of North American finance teams already use AI in multi-step workflows.
The launch underscores rising demand for low-latency AI analytics as the company's cloud revenue climbs past USD $250 million in annual run-rate.
Demand for AI tools is driving a broader regional push, with the company opening a larger Sydney base and training 100,000 learners.
Circles partners with Airwallex to plug embedded banking into CirclesX, letting telcos launch financial services across more than 70 markets.
Circles.Life rolls out Zerofy Cashback Card in Singapore, touting instant, uncapped rewards on global spend via Airwallex and Visa.
Robinhood Ventures Fund I adds Stripe and ElevenLabs stakes to give retail investors listed access to late-stage private tech firms.
Legal AI specialist Harvey will open a Singapore office in June, deepening its APAC footprint and support for regional law firms and corporates.
Emburse expands its Pay platform to unify vendor payments and staff reimbursements, linking approvals, funding and reconciliation in one flow.
Airwallex hits USD $1bn in assets for its Yield product as it launches in the US, targeting SMEs seeking returns on operational cash.
Airwallex launches an AI assistant in its web app, promising to simplify onboarding and day-to-day finance tasks for multi-currency businesses.
Branded signatures kept readers on emails longer, with WiseStamp saying they drew 93% more attention than plain versions in eye-tracking tests.
Startups may get more runway in Sydney as Repeat Builders commits AUD $3 million to each venture before recruiting founders.
Southeast Asia’s B2B tech firms risk weaker long-term growth as most budgets still favour short-term lead capture over brand building.
UK Xero users can now manage supplier, expense and employee payments in one place as Dext expands its payments tool with payroll.
Malaysian businesses can now access payments, multi-currency accounts and foreign exchange on one platform after new central bank approvals.
The fintech now handles NZ$2.4 billion in annual payments in New Zealand, as it adds the former prime minister to local governance.
Airwallex launches Yield for US firms after topping USD $1bn in assets, offering instant-access treasury via a J.P. Morgan money market fund.
Airwallex inks first major Australian sports deal, becoming Essendon's co-major partner with front-of-guernsey branding and tech rollout.
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