Search results for Airwallex
Finance
Airwallex appoints Kwon Yoon-a to lead SME business in South Korea
Airwallex said on Tuesday it had appointed Kwon Yoon-a as head of its small and medium-sized enterprise business in South Korea. She will lead overall operations in the market, including building strategic partnerships with domestic financial institutions, strengthening communication with industry contacts and key media, and expanding support for local clients. Airwallex said it secured payment gateway and prepaid payment instrument licences in South Korea earlier this year through a strategic acquisition.
Crypto
Robinhood invests $35 million in Stripe and AI audio startup ElevenLabs
Robinhood\'s venture fund will invest about $35 million in fintech company Stripe and AI audio startup ElevenLabs, The Block reported on March 17 local time. Robinhood bought $14.6 million of Stripe Class B common stock and purchased $20 million of ElevenLabs Series D preferred shares. It also invests in other private companies including Revolut, Airwallex, Boom, Databricks and Ramp.
Finance
Airwallex to acquire South Korea payment firm Paynuri
Airwallex said on Tuesday it has acquired South Korean company Paynuri, which holds licences including for electronic payment gateway services and prepaid electronic payment instruments, and is registered to conduct foreign exchange business. Airwallex said the licences would strengthen its ability to support Korean companies’ global expansion and help businesses operate smoothly in Asia Pacific. It plans to launch global business accounts and payment acquiring in Korea, followed by additional services this year.