Airwallex Buys South Korea's Paynuri After Fundraising at $8 Billion ...

Airwallex Expands Into South Korea with Strategic Acquisition

Airwallex has acquired South Korea's Paynuri Co Ltd, gaining local payment licenses and a foreign-exchange registration, which allows direct operations in South Korea. The acquisition is a strategic expansion in Asia for the fintech, valued at $8 billion after its latest funding round, aiming for significant growth by 2026.

Airwallex buys South Korea's Paynuri after fundraising at $8 billion ...

Airwallex Acquires Paynuri to Move into Korea

Airwallex is acquiring Paynuri to enter South Korea, securing payment gateway, prepaid electronic payment instrument, and foreign exchange business registrations to support cross-border payments and FX services. The move gives Korean businesses access to Airwallex’s global financial platform, enabling multi-currency spending, international payments, and cross-border expansion. The acquisition signals intensifying competition in APAC payments, as…

Airwallex acquires South Korea's payment firm Paynuri

Airwallex, a global financial platform, has acquired Paynuri Co. Ltd., an entity holding Payment Gateway and Prepaid Electronic Payment Instrument licenses as well as a Foreign Exchange Business registration, in South Korea. With these licenses, Airwallex can empower companies in Korea to expand and thrive across borders, while also helping businesses around the world to operate more seamlessly in this dynamic economic market, the firm said in a…

Airwallex Completes Paynuri Acquisition to Enter South Korea

Airwallex has completed the acquisition of Paynuri, gaining the licences required to enter the South Korean market. Paynuri holds Payment Gateway and Prepaid Electronic Payment Instrument licences, as well as a Foreign Exchange Business registration. The acquisition allows Airwallex to operate regulated payment and foreign exchange services locally, serving Korean companies expanding overseas and international firms operating in Korea. Airwallex…

Airwallex buys Paynuri to expand fintech reach in Korea

Airwallex acquires Korean fintech Paynuri, securing local payment and FX licences as it accelerates its expansion across Asia-Pacific hubs.