high speed, low cost global payments Airwallex (UK) Limited (United Kingdom) is an electronic money institution authorized and regulated by the Financial Conduct Authority. Airwallex (UK) is focused on high speed, low cost global payments. The company offers foreign exchange, international payments, global accounts, payment cards, card acceptance, payment gateways, payment links to business entities. In 2022 Airwallex (UK) Limited had total assets of 155.00 mln GBP, and generated net income of -2,291,868.00 GBP. During 2022 the company had 71 employees in average.
WorldwideThe financial platform for your global ambition
Powerful solutions engineered for global businesses
All-in-one account to help your business grow and operate globally
Powerful and flexible APIs to programmatically manage your money
APIs and components to build your own global financial products
(*)as stated by the company itself
13 August 2024, by Anna Mileiko
TheBanks.eu has developed a proprietary methodology to assign ratings to payment institutions based on their operating environment, company background, business model, market niche, product range, transparency, customer support and customer sentiment. According to the methodology, Airwallex (UK) Limited is assigned the overall rating 4.22 (excellent) which is explained in details below.
| Operating Environment | Very Friendly | (4.81) |
| Product Range | Average | (3.05) |
| Market Niche | Broad | (3.43) |
| Company Background | Strong | (4.17) |
| Customer Support | Good | (3.81) |
| Customer Sentiment | Good | (3.76) |
| Transparency | High | (3.91) |
| Overall Rating | Excellent | (4.22) |
|---|
TheBanks.eu has also identified the following pros and cons of the company:
Open domestic and foreign currency accounts in minutes
Receive payments from customers in their preferred currency
Say goodbye to costly conversion and transaction fees
There are no account opening fees, monthly maintenance charges, or minimum transaction requirements
Convert held balances to different currencies in just a few clicks and review your global transactions in a single view
Eliminate unnecessary conversion fees by receiving payments in the same currencies that your customers pay in
(*)as stated by the company itself
Global Account is a multi-currency account, allowing the account holder to have funds in the following currencies:
USD (US dollar)
SGD (Singapore dollar)
HKD (Hong Kong dollar)
CNH (Chinese yuan)
JPY (Japanese yen)
AUD (Australian dollar)
CHF (Swiss franc)
CAD (Canadian dollar)
EUR (Euro)
GBP (Pound sterling)
NZD (New Zealand dollar)A payment card can be ordered together with Global Account.
Dedicated IBANs assigned to Global Account belong to Germany.
Global Account is offered to UK based.
Global Account is offered with a single pricing plan for all customers.
Airwallex (UK) is neither registered with the Financial Conduct Authority (FCA) as a crypro asset firm, nor offers any crypto assets services. Airwallex (UK) Limited does not conducts any crypto-related activities.
From January 2020, firms carrying out specific cryptoasset activities in the United Kingdom need to comply with the amended Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (MLRs) and to register with the FCA.
Airwallex (UK) Limited is not registered with the FCA as a crypro asset firm.
Airwallex (UK) do not offer crypto assets services.
Airwallex (UK) do not conduct any crypto-related acitivities.
| GBP | 2021 | 2022 | change (%) |
|---|---|---|---|
| Total Assets | 45,212,617.00 | 154,995,847.00 | +242.82% |
| Revenue | 503,853.00 | 9,938,971.00 | +1,872.59% |
| Gross Profit | -29,950.00 | 7,357,244.00 | |
| Net Income | -6,734,338.00 | -2,291,868.00 | -65.97% |
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 33 () |  PPRO Financial Limited | 0.50 % | 183.35 mln EUR (+39.23%) |
| 34 (+15) | Airwallex (UK) Limited | 0.48 % | 155.00 mln GBP (+242.82%) |
| 35 (+11) |  Privalgo Limited | 0.47 % | 151.95 mln GBP (+108.99%) |
United KingdomAirwallex (UK) Limited is authorized by the Financial Conduct Authority as a e-money institution (reference number 900876) for issuance of electronic money, placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, money remittance, execution of payment transactions via telecoms, IT system or network operator; the authorization was granted on 26 November 2018.
Airwallex (UK) Limited is not a bank, it can't collect deposits from public or loan out its clients’ money. Hence, it does not have to participate in deposit guarantee schemes. However, Airwallex (UK) is required to safeguard its customers’ money.
Since January 2021, Airwallex (UK) Limited can not conduct its activities in EEA member states. Airwallex (UK) Limited keeps providing its services to EEA-based customers via Airwallex (Netherlands) B.V. (Netherlands).
Airwallex (UK) Limited is a SWIFT member.
Airwallex (UK) Limited is connected to Visa payment card scheme.
1 Long Ln, SE1 4PG, London, United Kingdom
(+44) 7590 473305EnglishAirwallex (UK) has profiles on the following social networks:
Estonia
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