Airwallex
2 mentions across all digests
Australian fintech valued at $8 billion that is launching a point-of-sale payment product enabling multi-country in-person payments through a single platform.
Once close enough for an acquisition, Stripe and Airwallex are now going after each other
Airwallex's 2018 rejection of Stripe's $1.2 billion acquisition offer has vindicated its independence strategy—the startup now boasts $1.3 billion annualized revenue and 90 licenses across 50 markets, giving it greater regulatory reach than Stripe.
Airwallex is about to take on Stripe and the rest of the payments industry — in the physical world
Airwallex launches a global POS platform that consolidates multi-country payments into one merchant onboarding process, directly attacking Stripe's physical payments dominance.