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Fintech Unicorn Airwallex Signs Definitive Agreement to Acquire Mexico Payments Company MexPago

airwallex-visa-investment
  • October 21, 2023
  • Insights, Investment / Acquisition

Airwallex, a multinational financial technology company specializing in cross-border payments, treasury, spend management and embedded finance, has agreed to acquire MexPago, a Mexico-based payment service provider with an Institution of Electronic Payment Funds (IFPE) license. The acquisition aims to expand Airwallex’s financial infrastructure into Latin America, marking a crucial milestone for its growth strategy in the Americas, where it has reported over 460% year-over-year revenue growth. This acquisition will help Airwallex enhance its ability to facilitate cross-border transactions for Mexican companies that need to operate globally. 

Fintech Unicorn Airwallex Signs Definitive Agreement to Acquire Mexico Payments Company MexPago

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