Airwallex to invest in Netherlands as it ramps up Europe shift – report

Airwallex, the Australian payments platform, is acceptable to infuse astir 200m ($234.3m) into the Netherlands implicit the adjacent 5 years arsenic it steps up its European push, arsenic per a study by Reuters.

The determination signals the firm’s shifting accent distant from its accepted Asia-Pacific stronghold.

The Melbourne-founded fintech intends to grow its beingness successful Amsterdam, targeting a 60% summation successful unit numbers to astir 70 full-time employees by the extremity of 2026.

Established successful 2015, Airwallex runs a cross-border payments level that allows businesses to nonstop and person planetary transfers, support multi-currency accounts and grip online outgo processing.

The steadfast secured $13m successful a Series A backing circular led by Chinese exertion radical Tencent successful 2017.

Subsequent superior raises see a $300m circular successful May 2025, which took its valuation beyond $6bn.

This was followed by a Series G round, which helped the steadfast unafraid $330m astatine a $8bn valuation.

Airwallex surpassed $1bn successful yearly recurring gross past year, according to the quality agency.

In 2024, the institution said it aimed to beryllium acceptable for an archetypal nationalist offering successful 2026, though it has since declined to remark connected its listing plans.

The latest concern successful the Netherlands comes arsenic the institution says it volition ore connected gathering its footprint successful Europe and the Americas, aft astir a decennary of focusing connected Australia and wider Asia-Pacific markets.

Airwallex obtained a licence successful the Netherlands successful May 2021, providing passporting rights crossed the European Economic Area.

As of October 2025, the steadfast was serving much than 150,000 customers, including Shein, Bolt, TikTok and Canva, highlighted Reuters.

In Europe, it is competing with outgo providers specified arsenic Dutch groups Adyen and Mollie, arsenic good arsenic integer slope Bunq.

In December, Airwallex said it would put $590m successful its UK operations betwixt 2026 and 2030.

That programme includes a planned 60% emergence successful UK headcount, alongside the rollout and enhancement of products specified arsenic Spend AI, recognition cards and recurring billing software-as-a-service.

"Airwallex to put successful Netherlands arsenic it ramps up Europe displacement – report" was primitively created and published by Electronic Payments International, a GlobalData owned brand.

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