The Global Finten and International Payments Airwallex, which operates in the Israeli market, expands its operations in Latin America and now offers Israeli companies a financial infrastructure that will help them enter business activities in the center and South America.
The new move will affect Israeli companies that placed Latin America as a business destination.
In order to realize her global expansion strategy in Latin America, Airwallex has made a number of moves: She received from Brazil’s central bank as an approved institution to make payments and also completed the purchase of Mexican Mexpago, which has an electronic payment license (IFPE). Following the two licenses Airwallex will connect its global financial infrastructure to the continent’s two major economies to support companies that operate in Brazil and Mexico and help international companies enter business activity in the area.
Brazil is leading in the digital payments of consumers but is behind the field of business payments (B2B). Airwallex has set itself a goal to deal with this disadvantage. Through the license she received in Brazil, she offers services such as: opening local accounts, issuing credit cards and providing Payment Acquense. In 2025, Airwallex has launched additional services such as bank accounts in local Real currency and payment methods such as PIX and Boleto.
In Mexico, the demand for digital financial tools is growing in light of the need for effective international payments. 85% of the small and medium -sized businesses in Mexico are planning to expand their activities to other countries and payments between countries currently account for 22% of Mexico’s e -commerce. Therefore, the growth rate of such payments in Mexico is extremely high and this is due, among other things, as a position as a major US trade. Mexico has passed China as the largest export to the US for the first time after two decades.
The licenses received by Airwallex in Brazil and Mexico are added to the licenses she received in major markets in the world, including: USA, EU, UK, China, Singapore, Malaysia, Australia and New Zealand.
Light LivanCEO of Airwallex Israel and the Middle East, said: “Airwallex is committed to providing Israeli companies to expand their business to Latin America, especially to Brazil and Mexico. Through our global financial infrastructure and the licenses we received in these two major economies, we provide a reliable, effective and worthwhile platform in cost-benefit indices to make cross-border and local payments. ”
Airwallex was founded in 2015 in Melbourne, Australia and is one of the world’s fastest growth rates in the field of financial payments and infrastructure. As of August 2024, World Airwallex has worked in volume of more than $ 100 billion a year, an increase of 73 percent year a year. The company’s value is $ 5.6 billion, it employs 1,600 employees in 23 offices around the world and intends to raise additional employees in Israel and the Middle East during the New Year.