Airwallex, a global financial platform company, has secured key financial licenses in Korea and has embarked on a full-scale expansion of its global financial infrastructure.

Airwallex announced on the 21st that it is accelerating its expansion into the Korean market by acquiring Paynuri, a Korean electronic payment gateway (PG) company.

This acquisition is regarded as a strategic move by Airwallex to secure key financial licenses in Korea and simultaneously support the global expansion of domestic companies and the entry of foreign companies into the Korean market.

Paynuri is a company equipped with various financial infrastructures, including a PG license, a prepaid electronic payment method license, and foreign exchange business registration. Through this acquisition, Airwallex has secured regulatory compliance and service stability in the Korean market.

Based on this, Airwallex plans to support Korean companies in handling financial operations across multiple countries and currencies on a single platform.

The core services that Airwallex will provide include global business accounts, global payment solutions, and AI-based expense management.

In particular, global business accounts can manage international remittances, foreign exchange (FX) exchanges, and global banking in an integrated manner through multi-currency accounts, helping companies expanding overseas reduce costs and improve operational efficiency.

In addition, payment that supports over 160 local payment methods The service is designed to enable Korean companies to receive online and offline payments from customers worldwide.

Following this acquisition, Airwallex plans to launch global business accounts and payment processing services first in Korea, and will sequentially release additional features within this year.

This is the first large-scale market expansion following the recent Series G investment, which valued the company at approximately 11 trillion won (US$8 billion).

Arnold Chan, Head of Asia-Pacific (APAC) at Airwallex, emphasized, “Korea’s e-commerce, creative, and entertainment industries are growing rapidly in the global market,” adding, “Airwallex will provide efficient financial solutions to help Korean companies expand their businesses across borders.”

The Korean content and consumer goods market is projected to grow to approximately 270 trillion won by 2030, driven by the spread of the Korean Wave.

Airwallex's strategy is to strengthen its competitiveness amidst these market trends by providing financial infrastructure for the global expansion of Korean companies.

Lee Ji-hyung, Chairman of the Seoul Investment Promotion Agency, stated, “Airwallex’s entry into Korea will provide new opportunities for both domestic and global companies,” adding, “We will cooperate closely to support Seoul’s digital transformation and attract global firms.”

Airwallex has already established a business foundation in major Asian markets, including Japan, Hong Kong, Singapore, Malaysia, Indonesia, and Vietnam.

As of 2025, revenue in the APAC region increased by 85% year-over-year, and transaction volume grew by 71%. Global revenue was approximately 1.6 trillion won, and annual transaction value exceeded 350 trillion won. This shows that the demand for global financial infrastructure is steadily expanding.

Meanwhile, Airwallex plans to expand its domestic business in Korea by hiring professionals in various job fields in 2026. It intends to strengthen its position in the Korean market by expanding its organization to approximately 20 people by the end of this year.