Airwallex is buying Paynuri to enter South Korea, securing cost gateway, pay as you go digital cost instrument, and international change enterprise registrations to help cross-border funds and FX providers.
The transfer offers Korean companies entry to Airwallex’s international monetary platform, enabling multi-currency spending, worldwide funds, and cross-border enlargement.
The acquisition alerts intensifying competitors in APAC funds, as Airwallex makes use of its contemporary Collection G capital to speed up regulatory entry, broaden headcount domestically, and strengthen its place towards regional fintechs and international incumbents.
Business funds and banking platform Airwallex is increasing its international attain this week. The Singapore-based firm is buying Paynuri, an entity that holds cost gateway and pay as you go digital cost instrument licenses in South Korea. Monetary phrases of the deal are undisclosed.
Airwallex plans to make use of these licenses to empower corporations in Korea to broaden throughout borders by providing Korean companies a complete platform for managing their monetary operations throughout a number of markets and currencies. The acquisition may also give Airwallex the good thing about Paynuri’s South Korea Overseas Alternate Enterprise registration, an accreditation that can additional help cross-border funds and FX providers in Korea.
“We’re excited by this important funding by Airwallex into the Korean market,” stated Make investments Seoul President and CEO Lee Jihyung. “We imagine Airwallex’s entry will strengthen the monetary working atmosphere for each Korean and international corporations out there.”
Airwallex’s spending capabilities, for instance, permit companies to handle firm spending throughout multicurrency cost playing cards, expense administration, and invoice funds. The corporate’s multi-currency account facilitates the administration of world banking, FX conversion, and worldwide transfers, whereas its funds choices permit companies to just accept on-line and in-store funds throughout the globe in additional than 160 cost strategies.
“This acquisition marks a pivotal milestone for Airwallex as we broaden the worldwide attain of our monetary platform,” stated Airwallex Basic Supervisor of APAC, Arnold Chan. “Korea’s fast-growing ecommerce, inventive, and leisure sectors current immense alternatives for Korean companies on the worldwide stage. Our objective is to help these companies with a extra environment friendly resolution to broaden past borders.”
Airwallex, which already operates throughout Japan, Hong Kong, Singapore, Malaysia, Indonesia and Vietnam, has been rising quickly within the APAC area. In 2025, the corporate reported an 85% year-over-year improve in income and a 71% year-over-year enhance in transaction quantity. Globally, through the month of December 2025, Airwallex achieved $1.2 billion in income and recorded $266 billion in transaction quantity.
To fulfill this demand, Airwallex will enhance its workforce in Korea with plans so as to add 20 workers throughout a number of features by the tip of this 12 months.
Based in 2015, Airwallex holds 80 licenses and permits that allow clients to function in 200+ nations and areas and help multi-currency checkout at scale. In 2025 alone, the corporate prolonged its regulated and native capabilities throughout 12 new markets, securing licenses and launching merchandise in France, the Netherlands, Israel, Canada, Korea, Japan, New Zealand, Malaysia, Vietnam, Brazil, Mexico, and the UAE.
Immediately’s funding comes about six weeks after Airwallex’s $330 million Collection G fundraise, which valued the corporate at $8 billion. Airwallex’s enlargement into the Korean market is a direct results of that funding.
By securing cost, pay as you go, and international change approvals in South Korea, Airwallex is positioning itself to serve Korean companies which can be scaling internationally whereas avoiding the delays related to natural licensing. The transfer additionally strengthens Airwallex’s place towards each regional fintechs and international incumbents vying to serve international companies.
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