Airwallex Expands into Nordic Region with Local Currency Support
Airwallex, a global fintech company based in Australia, has made its first move into the Nordic region. It has introduced Nordic currencies for its issuing customers, allowing direct card transactions in Danish krone, Norwegian krone, Swedish krona, and Polish zloty within the European Union.
This expansion aligns with Airwallex's wider plans to grow across Europe and the Middle East. The company's interest in the Nordic market is evident, as it seeks to cater to the strong demand from EU customers for local currency support. By enabling direct transactions in these currencies, Airwallex helps eliminate unnecessary currency exchange conversions, resulting in cost savings for its customers.
Airwallex's move into the Nordic region is a strategic step in its global growth strategy. The company, founded in 2015, has been rapidly expanding its services, including its cross-border payment network and virtual card issuing platform.
With the introduction of Nordic currencies, Airwallex continues to broaden its reach and enhance its offerings. This move is expected to strengthen its position in the European market and attract more customers seeking local currency support for their transactions.
