Airwallex Review, Pricing & Features

Airwallex offers multi-currency business accounts, global payments, spend management, and embedded finance APIs for international companies.

Category
Finance
Pricing
Freemium, from Free
Verified
Not yet
Last updated
July 18, 2026
Founded
2015
Headquarters
Singapore and San Francisco, USA (dual headquarters)
Free PlanWeb AppiOSAndroidNo-CodeAPIAIFreemium

Overview

Airwallex is a fintech platform that gives businesses global financial infrastructure in one place: multi-currency accounts, international payments, corporate cards, spend management, billing, and embedded finance APIs. Rather than relying on separate banks and payment providers for each currency or market, businesses can hold funds in 20+ currencies and move money to 200+ countries from a single account.

Founded in 2015 in Melbourne, Australia, Airwallex is now dual-headquartered in Singapore and San Francisco, and reports serving more than 200,000 businesses globally, including Xero, Canva, Rippling, and Qantas.

Key Features

Airwallex's core offering spans five areas: Business Accounts for holding and receiving funds in multiple currencies; Spend Management with unlimited multi-currency corporate cards, approval workflows, and bill pay; Payments tools for checkout and eCommerce integrations; Billing for invoicing and subscription management; and Platform APIs that let other companies embed payments, payouts, and card issuing into their own products.

Higher-tier plans add automation, including an AI expense policy agent and rules-based workflows for expense and bill approvals.

Pricing Overview

Airwallex offers three plans: the free Explore plan for basic global accounts and cards, the Grow plan at $12/user/month plus a platform fee for advanced spend controls, and the custom-priced Accelerate plan for large enterprises with multi-entity needs.

On top of subscription fees, Airwallex charges transaction-based fees: roughly 0.5% above interbank FX rates for major currencies, $15-$25 for SWIFT transfers, and 2.8%-4.3% plus $0.30 for card transactions depending on card type.

Key Features

Pros & Cons

Pros

  • Consolidates multi-currency banking, cards, payments, and billing in one platform
  • Free Explore plan gives smaller businesses no-cost access to global accounts and cards
  • FX rates close to interbank rates compared with traditional banks
  • Extensive currency and country coverage for international businesses
  • Strong compliance certifications (PCI DSS, SOC 1, SOC 2)

Cons

  • Transaction fees for FX conversion, SWIFT transfers, and card payments add up for high-volume users
  • Enterprise-level features like multi-entity management require custom Accelerate pricing
  • Primarily built for business use, not personal or consumer banking

Pricing

Frequently Asked Questions

Is Airwallex a bank?

No. Airwallex is a fintech/payments company that partners with regulated financial institutions to hold and safeguard customer funds, rather than being a bank itself in most jurisdictions.

Does Airwallex have a free plan?

Yes, the Explore plan is free and includes global accounts, multi-currency corporate cards for up to 10 users, and batch transfers to 120+ countries.

What currencies does Airwallex support?

Airwallex supports holding and receiving funds in 20+ currencies and sending transfers to 200+ countries and regions.

Does Airwallex offer developer APIs?

Yes, Airwallex's Platform APIs let businesses build embedded financial products, including payouts, connected accounts, and card issuing.

Is there a mobile app?

Yes, Airwallex has iOS and Android apps for managing accounts, cards, and transfers on the go.

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