- Airwallex hosted payments leaders discussing embedded finance opportunities in APAC.
- Research shows SME openness to adopting automated, lower-cost tools over banks.
- With the region still maturing, Airwallex sees strong positioning for growth via partnerships.
Embedded solutions
A recent Airwallex APAC Payments Leaders Mixer convened regional strategy and product executives to discuss trends shaping embedded financial services.
Airwallex shared proprietary research on SME attitudes plus its own global embedded finance platform.
Key pain points include slow overseas payment processing, limited foreign transaction options, and manual reconciliation across currencies and vendors. Embedded solutions promise automation, lower costs, and expanded monetization.
Airwallex sees a future of openness
Airwallex sees strong openness to adopting embedded financial tools instead of traditional banking – 75% of Singapore SMEs would switch providers. As education grows, more businesses may unlock revenue and efficiency gains.
With APAC embedded finance still maturing, Airwallex is poised for robust regional growth, planning over 200 local hires next year. Ongoing partnerships like Singapore Airlines’ Kris+ lifestyle app highlight traction.