Airwallex was chosen as Plum’s global payments and FX partner to support the launch of Plum’s new stock investing feature that will allow for its customers to trade in 500+ U.S. stocks across a range of large tech brands and options, including major fortune 500 businesses. With the Airwallex integration, Plum can collect, hold and convert funds in multiple currencies and more quickly bring to market new features to customers on their investing journey.
“How a person manages their wealth is key to their financial success, and Plum has identified an innovative way to help achieve that,” said Jed Rose, GM, EMEA at Airwallex. “We are excited to be Plum’s partner of choice as they look to grow internationally, supporting them on their latest stock investing feature. Our global financial infrastructure aims to empower businesses just like Plum, enabling them to operate anytime and anywhere. We look forward to deepening our partnership and together, continuing to innovate through technology.”
Plum’s CEO and co-founder, Victor Trokoudes, commented, “More than ever, people across Europe are looking to fintech to help grow their wealth. Plum’s investments are designed to offer a simple way to invest, starting with just £1, and Airwallex is the perfect cross-border payments and FX partner to support our mission.
Their strong technological infrastructure and dedicated engineering support team has allowed for a seamless integration process, and has enabled us with an efficient, transparent and cost-effective method solution for the launch of our stocks investing feature. We look forward to supporting our customers on their financial journey and are grateful to have Airwallex’s technology working in the background to power our new stock investing platform.”
Founded in 2015, Airwallex is one of the fastest-growing financial technology companies, operating across Asia-Pacific, Europe and North America today with over 1,000 employees in 19 locations globally. Last year, Airwallex raised a total of US$400 million, more than doubling its valuation to US$5.5 billion. In EMEA, Airwallex has sustained strong momentum as it continues to expand its operations, product offerings and partnerships across the region. Airwallex currently has a team of nearly 100 in Europe, with plans to grow to a team of over 150 by end of the year.