Stake partners with Airwallex

Tuesday 28 September 2021 11:13 CET | News

Stake, an Australia-based payment platform, has chosen Airwallex as cross-border payments and FX partner.

Stake and Airwallex will collaborate on delivering solutions that will provide seamlessness for Stake’s customer base, especially when it comes to moving money between Wall St and the ASX.

With Stake’s growth came the need to support more currencies, diversified payment systems and give customers ability to manage multiple denominations. To fulfil this need, Stake has chosen Airwallex for its tech platform that allows Stake to receive, convert and pay out funds in multiple currencies, enabling it to operate and serve customers in new markets.

This move comes after Stake’s recent announcements of an USD 30 million capital raise and its move to add CHESS-Sponsored ASX trading to its product. Stake says the partnership is another step in redefining what’s possible in brokerage around the world.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: cross-border payments, online payments, Airwallex, partnership, FX
Categories: Payments & Commerce
Countries: Australia
This article is part of category

Payments & Commerce