Airwallex teams up with Deutsche Bank

Tuesday 28 July 2020 10:49 CET | News

Deutsche Bank has partnered with fintech Airwallex to provide virtual account collections in Japan and API-enabled foreign exchange (forex) services in Hong Kong. 

Airwallex is a startup based in Hong Kong. Founded in 2015, the company is already live in Japan, but the partnership with the German lender will allow the company to process and convert cross-border payments made by its merchants by using virtual accounts and API technology.

According to Finance Magnates, through virtual accounts and API technology, clients of Airwallex won’t need to open bank accounts in markets where their clients are based. 

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Keywords: Airwallex, Deutsche Bank, banks, payments , partnership, fintech, Japan, API, exchange, Hong Kong, startup, Germany, cross-border payments, payments , merchants, technology
Categories: Payments & Commerce
Countries: Hong Kong
This article is part of category

Payments & Commerce