Airwallex partners with Brex to accelerate global expansion
By Delisha Fernandes
Airwallex, a global payments and financial platform, has partnered with Brex, a US-based FinTech company, to support its global expansion.
“In today’s economic climate, every business is navigating two competing interests expanding operations and saving costs,” said Jack Zhang, Co-Founder and CEO of Airwallex. “Traditional banking solutions make that nearly impossible as global expansion is often accompanied by burdensome complexity, slow time to market, and complicated regulatory requirements.”
“We see a tremendous opportunity to connect more US-based businesses with our global network, and we are thrilled to be able to support incredible FinTech companies like Brex expanding globally,” added Zhang.
Through seamless integration, Brex is solving multiple financial use cases at once. The company is leveraging Airwallex’s suite of solutions, including local currency collections for its global corporate card and global employee expense reimbursements.
Henrique Dubugras, Founder and Co-CEO at Brex, said, “Leading enterprises are expanding their footprints globally and are looking to Brex for employee spend and expense management across their operations. Brex has invested years and millions of dollars in the financial infrastructure to power this global money movement and therefore chooses its partners very carefully. We are pleased to work with Airwallex due to its strong financial infrastructure in multiple markets and developer-friendly platform.”
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