KUALA LUMPUR, Malaysia, April 1 (Bernama-BUSINESS WIRE) — Airwallex, a leading global financial and payments platform, today announced that it has received approval from Bank Negara Malaysia for its e-money issuing and Class A licences. With these licences, Airwallex is able to provide a complete suite of payment services in Malaysia. This empowers companies to expand and thrive across borders, while enabling businesses globally to operate more seamlessly in this dynamic economic market.”
“Malaysia is a strategic market for Airwallex, and these approvals enable us to bring our full financial infrastructure to businesses on the ground,” said Arnold Chan, General Manager, Asia-Pacific (APAC), Airwallex. “We’re excited to support local businesses in scaling internationally, and to play a role in strengthening Malaysia’s position as a hub for regional and global growth.”