Airwallex Supports Investment App Plum’s Cross-Border Payments and FX Needsby Fintech News Hong Kong March 8, 2022
Global fintech platform Airwallex announced its partnership with London-based investing app Plum to support its cross-border payments and FX needs.
Airwallex was chosen as Plum’s global payments and FX partner to support the launch of the latter’s new stock investing feature that will allow for its customers to trade in 500+ U.S. stocks across a range of large tech brands and options, including major Fortune 500 businesses.
With the Airwallex integration, Plum can collect, hold and convert funds in multiple currencies and more quickly bring to market new features to customers on their investing journey.
Founded in 2015, Airwallex operates across Asia-Pacific, Europe and North America today with over 1,000 employees in 19 locations globally.
Last year, Airwallex raised a total of US$400 million, more than doubling its valuation to US$5.5 billion.
Jed Rose, GM, EMEA at Airwallex said,
“We are excited to be Plum’s partner of choice as they look to grow internationally, supporting them on their latest stock investing feature.
Our global financial infrastructure aims to empower businesses just like Plum, enabling them to operate anytime and anywhere.”
Victor Trokoudes, CEO and Co-founder of Plum said,
“Plum’s investments are designed to offer a simple way to invest, starting with just £1, and Airwallex is the perfect cross-border payments and FX partner to support our mission.
Their strong technological infrastructure and dedicated engineering support team has allowed for a seamless integration process, and has enabled us with an efficient, transparent and cost-effective method solution for the launch of our stocks investing feature.”
Featured image: Edited from Unsplash