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Airwallex & Alpaca team to deliver cost-efficient experience for global investors

By Delisha Fernandes

October 16, 2023

  • Airwallex
  • Alpaca
  • Financial Platform

Airwallex, Alpaca, U.S. Stocks, Investors, financial platform, wealthtech, retail customers, funding, FinTech news, FinTech USAirwallex, a global payments and financial platform for modern businesses, has partnered with Alpaca, a developer-first API brokerage platform, to support Alpaca’s global payments and foreign exchange (FX) needs.

Through the partnership with Airwallex, Alpaca and its broker partners can leverage Airwallex’s global network of local collection and payment rails to support funding and settling transactions in a wide range of currencies, starting with Australian dollars (AUD), Canadian dollars (CAD), Euros (EUR), and many others, all while effectively managing the FX risk.

Philipp Reichardt, Head of Enterprise Sales, Americas at Airwallex, said “Alpaca is unlocking access to the U.S. stock market at a global scale. We’re excited to support Alpaca and its customers in achieving seamless and efficient investment across currencies, continents, and timezones.”

Alpaca’s mission is to open financial services to everyone. Embedding Airwallex’s  FX solutions into Alpaca’s offering helps make it easy for Alpaca’s broker partners to offer their retail customers a seamless local currency investing experience, without the headaches of converting their native currency into US dollars.

Tarun Ajwani, Alpaca’s SVP of Sales and Corporate Development said, “Companies like Airwallex are making it easier for retail customers to access investing opportunities across the globe with its seamless FX solution. By simplifying global payments and eliminating currency conversion hassles for our broker partners, we aim to provide a seamless investing experience to their retail customers.”

Airwallex offers trusted solutions to manage payments, treasury, and spend management to embedded finance. With our proprietary infrastructure, Airwallex takes the friction out of global payments and financial operations, empowering businesses of all sizes to unlock new opportunities and grow beyond borders.

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