Airwallex, a global payment firm, has acquired majority ownership of PT Skye Sab Indonesia, a PJP (Penyedia Jasa Pembayaran) Category 1 license holder.

Airwallex said in a statement on Wednesday that the acquisition allows Indonesian merchants looking to expand overseas to tap into Airwallex’s global financial infrastructure.

This provides them an avenue for growth and to better manage their finances for international expansion, while facilitating international businesses’ entry into Indonesia.

It also expands Airwallex’s already existing presence across major Asia-Pacific (APAC) markets, including Australia, China, Hong Kong, Japan, Malaysia, New Zealand, South Korea, Singapore, and Vietnam.

The announcement follows Airwallex’s recent $330 million Series G fundraise at an $8 billion valuation, representing a 30 percent increase from its previous round just six months ago.

The investment will support the company’s continued growth in key markets worldwide, including Indonesia, as Airwallex strengthens its financial infrastructure and advances its artificial intelligence (AI) roadmap.

This includes the rollout of specialized AI agents that streamline financial workflows and enhance the speed, accuracy and efficiency of cross-border operations.

“As AI lowers software costs, infrastructure and data become the ultimate differentiator,” said Jack Zhang, Co-founder and Chief Executive Officer of Airwallex.

“Airwallex connects the full spectrum of a customer’s financial operations—money in, money out, and everything in between—giving our agents the contextual data to execute with precision,

“This proprietary visibility, built on our scalable financial infrastructure, is what powers agentic finance,” he added.

According to the statement, Indonesia’s dynamic economy and growing digital ecosystem represent a key growth opportunity for Airwallex, particularly as the country advances towards its 2045 Digital Vision.

This national agenda aims to transform Indonesia into a competitive global digital leader by driving innovation, strengthening its economy and institutions, and improving access to essential services.

Airwallex will empower Indonesian businesses to navigate this transformation by providing access to its financial infrastructure across Southeast Asia, enabling them to go global with greater ease and efficiency.

“This acquisition marks a significant milestone for Airwallex as we continue building a truly global financial platform,

“Indonesia’s fast-growing economy and vibrant SME sector present immense opportunities. Our goal is to tackle the financial challenges faced by businesses in Indonesia, empowering them to expand beyond borders,” said Arnold Chan, General Manager, Asia Pacific (APAC) at Airwallex.

With over 64 million small and medium-sized enterprises (SMEs) forming the backbone of Indonesia’s economy, the demand for seamless, cost-effective, and secure cross-border payment solutions has never been greater.

Airwallex said its global infrastructure, combined with PT Skye Sab Indonesia’s local payment capabilities, will allow Indonesian businesses to expand globally with confidence.

Having a presence on the ground in Indonesia builds on the growth momentum that Airwallex has achieved across Southeast Asia and globally in recent years.

In the region, the company reported a 108 percent year-on-year increase in revenue and a 94 percent year-on-year growth in transaction volume for the third quarter of 2025.

Globally, Airwallex exceeded $1 billion in annualized revenue and $235 billion in annualized transaction volume amid the growing demand for its solutions and global financial infrastructure.

Airwallex raises $330M Series G funding, establishes San Francisco as dual global headquarters