Airwallex launches in Germany and plans to invest 31 million euros

The international financial platform Airwallex has officially entered the German market. The company offers digital financial and payment solutions for companies and aims to support internationally active companies in particular in processing cross-border payments.

31 million euros investment and new office in Berlin

Airwallex is planning to invest 31 million euros over the next five years to enter the German market. A key part of the expansion is the opening of an office in Berlin-Mitte. From 2026, the local team will also be significantly expanded in order to strengthen local sales, product development and customer support.

New management for the DACH region

As part of the expansion, Airwallex has appointed Tom Sellin as Head of Growth for the DACH region. Sellin previously held management positions at Rocket Internet, PayPal, Afterpay and Mondu, among others. He will coordinate the market entry and drive the expansion of the product offering for German companies.

Local financial products for German companies

Airwallex is launching several new services on the German market. These include German IBANs with euro accounts, which enable a fully local banking experience. In addition, a native DATEV integration has been announced to simplify accounting processes. The European wallet Wero, which enables real-time account-to-account payments, is also already available. The first users of the platform in Germany include Navan, Moss, WorkMotion and Debtist.

Focus on international payment processes

Airwallex is positioning itself as a provider for companies with international business models. The platform enables payments in more than 180 countries and regions, offers currency exchange at interbank rates and local accounts in key markets. The aim is to shorten payment times and reduce costs in international payment transactions.

Expansion follows major financing round

The company's entry into the German market follows a €280 million Series G financing round, which valued Airwallex at €6.9 billion. After more than ten years of growth in Australia and successful scaling in the Asia-Pacific region, the company is now increasingly focusing its expansion on Europe and North and South America.