Airwallex

Executive Summary

Airwallex runs a complete financial system that allows internet-based businesses to open accounts in multiple currencies, send money across borders, and issue company credit cards. The firm stands out from other players like Stripe and Wise because it owns its own internal system for managing money and holds official government permits to operate in more than 20 countries. Its financial health shows strong growth, with yearly sales reaching more than 500 million dollars and a growth rate of over 70 percent. While the business is currently losing 60 million dollars a year, its path shows it is working hard to reach the point where it no longer loses money by growing its worldwide operations. The business is currently worth about 5.6 billion dollars and has the support of professional investment firms. Major risks include the high price of following laws in many different countries and the fact that price wars in the payment industry can make it hard to keep profits high. This potential public stock sale gives investors a chance to bet on a fast-growing leader in the global money industry.