Airwallex, a global financial platform, has acquired Paynuri Co. Ltd., an entity holding Payment Gateway and Prepaid Electronic Payment Instrument licenses as well as a Foreign Exchange Business registration, in South Korea.

With these licenses, Airwallex can empower companies in Korea to expand and thrive across borders, while also helping businesses around the world to operate more seamlessly in this dynamic economic market, the firm said in a statement on Wednesday.

With Airwallex, Korean businesses will gain access to a comprehensive platform for managing financial operations in multiple markets and currencies.

This is including global business accounts (a multi-currency account to manage ‌global banking, foreign exchange conversion, and international transfers); payments (help businesses accept online and in-store payments from their customers around the world with cards and 160+ local payment methods, all with a localized, multi-currency shopping experience; spend (giving customers a single platform to efficiently manage all types of company spend across their global business, including multicurrency corporate and employee cards, expense management, and bill payments – all powered by artificial intelligence [AI]).

According to the statement, global business accounts and payment acquiring will be the first planned product launches in Korea following the acquisition, with successive releases planned in 2026.

The acquisition follows Airwallex’s recent Series G fundraise, which valued the company at $8 billion, a 30 percent increase from its previous round.

Backed by top-tier global investors, Airwallex is using this capital to accelerate the build-out of secure, licensed financial infrastructure in key markets like Korea.

“This acquisition marks a pivotal milestone for Airwallex as we expand the global reach of our financial platform. Korea’s fast-growing ecommerce, creative and entertainment sectors present immense opportunities for Korean businesses on the global stage,

“Our goal is to support these businesses with a more efficient solution to expand beyond borders,” said Arnold Chan, General Manager, APAC at Airwallex.

With the global 'K-wave' driving global demand for Korean entertainment and consumer goods – a market projected to reach $198 billion by 2030 – Airwallex said it is ensuring Korean businesses have the financial tools to navigate this global growth opportunity with greater
ease and efficiency.

“We believe Airwallex’s entry will strengthen the financial operating environment for both Korean and global companies in the market,

“Invest Seoul will continue to collaborate closely with Airwallex to accelerate the digital transformation journey for Korean businesses, and to support more global companies in entering Seoul and operating their businesses successfully,” said Lee, Jihyung, President and Chief Executive Officer of Invest Seoul.

The acquisition expands Airwallex’s existing presence across major Asia markets, including Japan, Hong Kong, Singapore, Malaysia, Indonesia and Vietnam.

In the Asia Pacific (APAC) region, the company reported an 85 percent year-on-year increase in revenue and a 71 percent year-on-year growth in transaction volume in 2025.

Globally, Airwallex achieved $1.2 billion in annualized revenue and $260 billion in annualized transaction volume in 2025 – a testament to the growing demand for its solutions and global financial infrastructure.

Airwallex plans to expand its local operations by hiring professionals across multiple functions in 2026, targeting a headcount of 20 employees in Korea by the end of the year.

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