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Fintech Airwallex buys South Korea's Paynuri in Asia expansion
Yahoo Finance· 2026-01-20 22:51
By Yantoultra Ngui SINGAPORE, Jan 21 (Reuters) - Airwallex has acquired South Korea's Paynuri Co Ltd, securing local payments licences and a foreign-exchange business registration that will ​allow it to operate directly in the country as the Australia-founded fintech expands ‌in Asia. The deal follows a December funding round that valued Airwallex at $8 billion. Airwallex said on Wednesday that the ‌acquisition gave it Paynuri's Payment Gateway and Prepaid Electronic Payment Instrument licences, as wel ...