- Airwallex expands into Latin America by acquiring Mexpago, focusing on key markets in Mexico and Brazil to drive growth.
- The company reports $130B in transactions, a 30% increase year-on-year, with a 78% surge in profits.
Airwallex, a leading fintech company, is expanding its presence in Latin America with a strategic focus on Mexico and Brazil.
The company has acquired Mexpago, a move that strengthens its position in these key markets.
This expansion comes alongside impressive financial growth, with Airwallex reporting a 30% year-on-year increase in transactions, reaching a total of $130B.
Their profits have surged by 78%, and their customer base has grown by 50%, now serving over 150,000 businesses globally.
