Group 1: Event Overview - The fifth BEYOND International Technology Innovation Expo will be held in Macau from May 21 to 24, 2025, attracting over 1,200 participating companies and more than 30,000 attendees [1] - Airwallex's Hong Kong SME Sales Manager participated in a roundtable forum discussing the latest trends in cross-border payments [1] Group 2: Market Trends - The global cross-border payment market is projected to reach $240 billion in 2024, with a year-on-year growth of 12% [3] - Cross-border e-commerce is experiencing high growth rates in key markets including the US, Europe, the UK, Hong Kong, Southeast Asia, and Australia/New Zealand, with Hong Kong's e-commerce market expected to grow by 52% to $7.25 billion by 2029 [3] Group 3: Technological Advancements - Artificial intelligence is increasingly integrated into cross-border payment processes, leading to a restructured industry ecosystem and the emergence of intelligent decision-making [4] - Airwallex has reduced account opening error rates by 50% and increased account openings by 20% through AI-optimized KYC processes [4] Group 4: Company Developments - Airwallex recently completed a $300 million Series F funding round, achieving a valuation of $6.2 billion, which will help expand its global financial service infrastructure [3] - The company has established a global payment network covering over 180 countries, with 95% of transactions settled within hours, and 68% processed instantly [5] Group 5: Strategic Initiatives - Airwallex is focusing on enhancing regional collaboration in the Greater Bay Area and has assisted nearly 6,000 local SMEs in expanding into international markets [6] - The potential market size for financial services to global enterprises is projected to reach $570 billion by 2027, with Airwallex's funding aimed at filling the gap left by traditional banks in cross-border financial services for SMEs [6]

Core Insights - Airwallex successfully completed a $300 million Series F funding round, achieving a valuation of $6.2 billion, with participation from various venture capital firms and strategic investors like Visa Ventures [1][2] - The company reported a significant growth trajectory, with annualized revenue exceeding $720 million and a 90% year-over-year increase, alongside a rise in annual transaction payment volume from $50 billion in 2022 to over $130 billion [2][4] Funding and Valuation - The recent funding round included $150 million from secondary share transfers, indicating a slight increase in valuation from $5.6 billion in the previous round [1] - Airwallex's valuation is considered credible and reflects the company's solid position in the global financial market despite challenges faced by fintech companies [2] Business Model and Market Position - Airwallex has evolved its business model from primarily serving Chinese enterprises to catering to local businesses globally, with 30% of its operations in Europe and the Americas and 70% in the Asia-Pacific region [4] - The company aims to redefine global fund flows and has expanded its product offerings, including multi-currency accounts and card products, with the cloud-based Visa card contributing nearly 30% to total revenue [4] Competitive Advantage and AI Integration - Airwallex leverages AI technology to enhance its competitive edge over traditional banks, focusing on data integration and processing capabilities [5] - The company is developing "AI agent finance" to automate traditional financial functions, significantly improving efficiency and accuracy in financial services [5]

Core Insights - Airwallex has successfully completed a $300 million Series F funding round, achieving a post-money valuation of $6.2 billion, up from $5.6 billion in the previous round [1][2] - The company has demonstrated significant growth, with annualized revenue exceeding $720 million, a 90% year-on-year increase, and annual transaction payment volume surpassing $130 billion [2] - Airwallex is positioning itself as a global financial operating system for businesses, aiming to facilitate seamless and real-time financial transactions [8] Funding and Valuation - The recent funding round included $150 million from secondary share sales, with participation from various venture capital firms and strategic investors like Visa Ventures [1] - The valuation increase reflects a strategic choice by the company to maintain its value amidst a challenging investment climate for fintech companies [1][2] Business Model and Market Expansion - Airwallex has shifted its focus from primarily serving Chinese enterprises to catering to global local businesses, enhancing its global market presence [4][5] - The company has diversified its revenue sources, with a significant increase in revenue from regions outside of Greater China, now accounting for 30% from Europe and the Americas [5][6] Product Development and Innovation - Airwallex has expanded its product offerings beyond basic payment solutions to include a comprehensive suite of financial services, such as multi-currency accounts and expense management tools [6][7] - The company is leveraging AI to enhance its services, improving customer onboarding and compliance processes, and aims to develop AI-driven financial agents to automate traditional finance roles [9][10][11] Competitive Landscape - Airwallex views its primary competition as traditional banks rather than other fintech companies, capitalizing on its agility and understanding of the Asia-Pacific market [9] - The company differentiates itself by addressing the unique needs of Asian businesses, which have been underserved by Western payment giants [7]

新华财经上海5月21日电 跨境支付企业Airwallex 空中云汇21日宣布完成3亿美元F轮融资，公司估值达62亿美元。本轮融资包括1.5亿美元二次股份转让。此 轮融资后，空中云汇的融资总额超过12亿美元。公司将借助本轮融资将其全球金融服务基础设施拓展至更多市场，持续优化扩展软件平台，助力企业增长。 在欧洲，空中云汇也新设了巴黎办公室，并在伦敦和阿姆斯特丹开展高级岗位的人才招聘。在中东，空中云汇首次在阿联酋的阿布扎比和迪拜两地招聘员 工，并在以色列继续保持强劲的业务增长态势。 空中云汇凭借与本地清算系统和银行卡组网络的直接集成，以及拥有金融科技领域全面的牌照布局，构建了一套全球金融服务基础设施。这一专有平台让空 中云汇客户获得了独特竞争优势，可以在60多个国家即时生成本地账号，并在150多个国家之间进行资金收付，速度和效率远超传统银行。如今，通过空中 云汇完成的95%的交易能在数小时内或当天到账，其中68%的交易会实时处理。 2025年3月，空中云汇年化收入7.2亿美元，同比增长90%，全球年处理交易金额超过1300亿美元。2024年客户群体增长了50%，目前为全球15万家企业提供 服务。2025年，空中云汇 ...

独角兽观察 | JBSERVATION �il �ir �s 作者丨 马文佩、刘恒涛 编辑丨 关雎 图源丨 空中云汇 5月2 1 日，全球支付和金融平台空中云汇（ Airwallex ），披露了 F轮融资 ，本轮融资 3 亿美元， 投资方为 SquarePeg、DST Global 、 Lone Pine Capital、Blackbird、Airtree 、 Salesforce Ventures以及多家历史悠久的养老基金。Visa Ventures作为战略投资者也参与了此次 投资 。 迄今为止，空中云汇已完天使轮、 PreA、A、A+、B、C、D、D+、E、E2、F共计1 1 轮融资，投 资者包括红杉中国、腾讯投资、阿里巴巴和高瓴资本等。 | | | 空中云汇（深圳）网络科技有限公司-融资历程 | | | --- | --- | --- | --- | | 融资轮次 | 事件时间 | 融资金额 | 投资方 | | E++轮 | 2022/10/11 | 1亿美元 | Square Peg Capital | | | | | Salesforce | | | | | 红杉中国 | | | | | Lone ...

「 一家全球化fintech公司的十年。 」 文 ｜ 任倩 编辑 ｜ 陈之琰 「暗涌 Waves 」独家获悉，全球跨境支付与金融平台 Airwallex （空中云汇）近日完成 3 亿美元 F 轮融资。投资方包括 Square Peg 、 DST Global 、 Blackbird 、 Airtree 、 Salesforce Ventures 等风投机构，还有 多 家养老基金， Visa Ventures 作为战略投资者参与。 据了解，本轮融资中 1.5 亿美元为 二次股份转让 ，投后估值 6 2 亿 美元。 Airwallex 的上一轮融资还停留在 2022 年 —— 包括 Square Peg 、 红杉中国、 Lone Pine Capital 等在内的投资人共注资 1 亿美元，当时的估值是 56 亿美元。这意味着， 本次的 估值 略有上涨 。 在近年全球一级市场估值大幅回调、 fintech 类公司被国内机构 " 边缘化 " 的客观现实下， Airwallex 首席营收官吴恺告诉「暗涌 Waves 」，公司维持当下的估值 水平是一种 " 主动选择 " 。 相较于 2021 年融资的巅峰时期，今年的投资 ...

Payoneer Global (PAYO) FY Conference May 14, 2025 08:00 AM ET Speaker0 Great. Thank you everyone for being here today and for joining the fireside chat with Payoneer. I'm here with John Kaplan. John currently serves as CEO and director at Payoneer, a financial technology company empowering the world's small and medium sized businesses to transact, do business, and to grow globally. John is an executive, investor, and entrepreneur with a track record of scaling companies. Prior to joining Payoneer, John was ...

Core Insights - The article highlights the challenges faced by businesses in cross-border payments as they expand into new markets, particularly in Latin America and Southeast Asia, where local currency payment requirements and unfamiliar payment methods complicate transactions [1][2] - PhotonPay has upgraded its global distribution capabilities by adding payment channels to over 73 countries and regions, supporting 11 local currencies and 27 popular local e-wallets, enhancing the efficiency of cross-border transactions [1][2][4] Group 1: Market Expansion Challenges - Businesses are experiencing difficulties with local currency payment demands and unfamiliar payment methods in new markets, which hinder their global expansion efforts [1][2] - The complexity of cross-border payments creates a "blind box" situation for companies, making it difficult to predict transaction outcomes and manage cash flow effectively [1] Group 2: PhotonPay's Solutions - PhotonPay has expanded its payment options to over 230 countries and regions, supporting more than 60 mainstream currencies, which facilitates easier market entry for businesses [2][3] - The company holds multiple financial licenses across various countries, allowing businesses to operate compliantly without building their own payment networks from scratch [3] Group 3: Local Payment Methods - PhotonPay supports 27 mainstream e-wallets, such as GCash and MoMo, which are preferred by local users in Southeast Asia, enhancing acceptance and trust in transactions [4][5][6] - The use of local e-wallets allows for faster transactions, with real-time processing capabilities that significantly reduce payment costs and improve the overall payment experience [6][7] Group 4: Efficiency in Cross-Border Payments - Traditional cross-border payments often take 3 to 7 business days, which can hinder cash flow and supply chain stability; PhotonPay aims to address these issues through technological innovations [7][8] - By partnering with major banks and local payment institutions, PhotonPay enhances payment efficiency and stability, enabling businesses to respond quickly to market demands [7][8] Group 5: Conclusion and Vision - PhotonPay's recent upgrades represent a significant advancement in digital financial infrastructure, offering tailored payment solutions that meet diverse business needs in various market stages [8][9] - The company's goal is to eliminate geographical barriers in cross-border payments, providing a localized payment experience for global commerce [9]

Core Viewpoint - The article highlights the increasing exchange rate risks faced by companies engaged in cross-border e-commerce, particularly in emerging markets like Africa, due to significant currency fluctuations and the need for effective hedging strategies [1][2][8]. Group 1: Exchange Rate Risks in Cross-Border E-commerce - Companies are experiencing substantial profit losses due to currency depreciation, with some African currencies dropping over 5% in just a few days, leading to a profit reduction of over 70% for exporters [1][2]. - The traditional USD-centered global trade settlement system is shifting towards a more diversified model involving local currencies, complicating the exchange rate risk landscape for Chinese companies [1][8]. - A significant portion of cross-border e-commerce transactions now involves local currencies, increasing the complexity of exchange rate risks for Chinese exporters [1][8]. Group 2: Hedging Strategies - Companies are adopting forward foreign exchange swap transactions to lock in exchange rates and mitigate risks associated with currency fluctuations [1][6]. - The hedging strategies include locking in exchange rates for local currencies against USD and subsequently against RMB, which helps stabilize profits despite currency volatility [6][8]. - The effectiveness of these hedging strategies is contingent on accurately predicting currency trends, as misjudgments can lead to losses [6][8]. Group 3: Industry Trends and Challenges - The demand for foreign exchange risk management tools is increasing, with over 1.1 trillion USD utilized in foreign exchange derivatives for risk management in the first three quarters of the previous year [17]. - Financial institutions are enhancing their offerings of foreign exchange risk management products, including forward contracts and options, to support companies in managing their exposure [17][18]. - There is a growing recognition among companies of the need for a "neutral" approach to exchange rate risk management, focusing on cost and profit stabilization rather than speculative gains [17][22]. Group 4: Operational Pain Points - Companies face operational challenges in executing foreign exchange transactions due to lengthy processes involving multiple banks, which can take several days and expose them to currency fluctuations [3][6]. - Many companies lack clarity on which foreign exchange hedging tools are suitable for their specific needs, leading to ineffective risk management practices [18][19]. - Financial institutions are working to address these operational pain points by providing tailored solutions and educating companies on effective hedging strategies [18][23].

2025 年 05 月 06 日 双融日报 --鑫融讯 分析师：万蓉 S1050511020001 wanrong@cfsc.com.cn 市场情绪：60 分（较热） 最近一年大盘走势 20 (%) 沪深300 资料来源：Wind，华鑫证券研究 -20 -15 -10 -5 0 5 10 15 相关研究 ▌ 华鑫市场情绪温度指标：（较热） 华鑫市场情绪温度指标显示，昨日市场情绪综合评分为 60 分，市场情绪处于"较热"。历史市场情绪趋势变化可参 考图表 1。 ▌ 热点主题追踪 今日热点主题：跨境支付、虚拟电厂、免税主题 1、跨境支付主题：中国央行等印发《上海国际金融中心 进一步提升跨境金融服务便利化行动方案》。主要内容提 到，跨境清算公司增强与金融机构协同联动，共同提升对 "走出去"企业的服务水平。推动更多银行加入 CIPS，持续 扩大 CIPS 网络覆盖范围。相关标的：跨境通（002640）、青 岛金王（002094） 2、虚拟电厂主题：近日，国家发展改革委、国家能源局 发布《关于加快推进虚拟电厂发展的指导意见》。其中提 到，到 2027 年，虚拟电厂建设运行管理机制成熟规范，参与 电力市场的机制健全完善， ...