Australia’s FinTech unicorn Airwallex launches payment services in Malaysia

Australia-based FinTech platform Airwallex announced Thursday the launch of its cross-border payment services in Malaysia, following its grant of a money services business license by Malaysian regulator Bank Negara Malaysia in August last year. Initially, qualified Malaysian businesses will be given access to Airwallex’s fast, transparent and cost-effective foreign exchange conversions and payouts in more than 130 countries, empowering them to grow and operate globally. It will continuously extend availability of its product offerings to more businesses over the next few months.