Airwallex's Q3 APAC revenue soars 83%

Airwallex, a global financial technology company, reports significant growth in the Asia-Pacific (APAC) region for 2024.

In the third quarter, its revenue increased by 83% and transaction volume grew by 49%.

These figures encompass markets such as Australia, Singapore, Hong Kong, Malaysia, New Zealand, and China.

Globally, the company experienced a 73% rise in revenue and a 60% increase in transaction volume compared to the previous year.

Recent Airwallex developments

Timeline
12-Nov-2024 🚀 Airwallex unveils philanthropy program with $56m commitment Airwallex launches 1% equity support program Joins Pledge 1%, aids startups with mentoring
25-Apr-2024 💳 Airwallex expands payment services to the US Airwallex launches payment services in the US. Enables US firms to accept global payments easily.
09-Nov-2023 📈 Airwallex’s Singapore revenue grows 13x in H1 2023 Singapore revenue grew 13x in H1 2023 Transaction volume increased 11x year-on-year
31-Jul-2023 💰 Airwallex pumps $165m into Singapore entity Airwallex Singapore raises US$165M in funding Reported revenue of US$5.4M, losses up to US$5.9M
09-May-2023 🌍 Airwallex launches in Israel, names former Google exec as head Airwallex launches in Israel, hires Or Liban. Plans expansion across Europe, Middle East, and Africa.

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