Airwallex expands cross-border payment solutions for Kiwi businesses

By Gloria Methri

Airwallex, a global financial technology company, has launched its services in New Zealand, aiming to provide local businesses with more efficient international payment solutions.  The company has appointed Lowry Gladwell as Associate Director to lead its expansion in the region. Gladwell will be joined by Matt Sek, a key regional leader, as Airwallex aims to grow its New Zealand team to 10 employees by the end of 2025.

As part of its expansion, Airwallex is rolling out several new financial products tailored to the needs of New Zealand businesses. The company’s corporate cards offering will be bolstered with a physical card version to complement the existing virtual option. These solutions will empower Kiwi companies to manage expenses more efficiently, reducing high transaction fees and improving financial control. In addition, online payments will sit alongside existing FX, global accounts and company and employee cards.

“With New Zealand businesses increasingly looking for agile, cost-effective financial solutions, Airwallex is here to challenge the status quo,” said Gladwell. “Our entry into this market represents more than just expansion — it’s about providing Kiwi businesses with the tools they need to grow globally without the friction and high costs of traditional banking.”

“Managing business spending shouldn’t be a hassle,” said Matt Sek, VP SME & Growth, ANZ. “Our new corporate card solution makes it easier for teams to handle expenses while ensuring greater transparency and efficiency, while payment acceptance allows businesses to accept payments from customers around the globe with fast, flexible settlements and a seamless checkout experience. This is just the beginning of our commitment to providing smarter, more intuitive financial tools for New Zealand businesses.”

While dynamic, New Zealand’s business environment has long been dominated by a concentrated banking sector, leading to high fees and sluggish international transactions. Airwallex aims to disrupt the market by offering lower costs, competitive FX rates, and faster payments—critical advantages for businesses operating globally, particularly in New Zealand’s high-growth SaaS and export sectors.

Airwallex has already demonstrated strong support for startups in New Zealand, with significant sign-ups under its Airwallex for Startups initiative. By offering streamlined international payments, global accounts, and competitive FX rates, Airwallex is positioning itself as a vital partner for the country’s burgeoning startup ecosystem.