Airwallex debuted its borderless card in partnership with Visa in Australia last month, targeting businesses needing a convenient way to pay suppliers abroad. Despite the ongoing COVID-19 pandemic, the payments startup, which achieved unicorn status last year, expects the UK card launch to go as planned later this year.
Specialising in business to business B2B cross-border payments and low-cost foreign exchange, the company is filling a gap overlooked by larger financial institutions. And while the pandemic’s effect on Airwallex’s business has been minimal, it is now looking to support clients who are more severely impacted.
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