Airwallex links with TripActions to boost expenses offering


Airwallex, a Global FinTech, has been chosen by TripActions to support TripActions Liquid, its corporate card and expense management solution.

With support from Airwallex’s global payments and banking infrastructure, TripActions can further streamline travel and expense management experiences for its customers across 130 markets by providing a seamless, cost-efficient way to convert and pay out funds in over 45 currencies.

Founded in 2015, Airwallex reported significant business growth in the last year, with revenues more than doubling year-over-year.

In the US, Airwallex has also built steady traction, having experienced rapid customer growth, and having won “Startup of the Year” in this year’s US Fintech Awards. Today, the business operates with a still-growing team of 1,300 employees in 19 locations across Asia-Pacific, Europe, and North America.

Airwallex global head of partnerships and general manager of Americas Ravi Adusumilli said, “Identifying faster, easier, and safer ways to move and manage money is key for businesses that want to grow at scale. At Airwallex, this is exactly the pain point that we are building a solution for.

“TripActions is the modern day, all-in-one solution for corporate travel and expense, and we are pleased that we are able to support them and their ambition as they look to grow and expand their business globally.”

UK retail bank Secure Trust Bank recently teamed with Mastercard to offer customers more choice and convenience through open banking to repay retail finance.

According to Mastercard, with explicit consent from Secure Trust Bank customers, Mastercard’s open banking technology enables seamless and fast account-to-account payments.

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