Global fintech leader Airwallex has officially launched in Aotearoa, marking a significant milestone in its mission to provide businesses with faster, cost-effective, and more innovative financial solutions. 

With a firm commitment to supporting New Zealand’s thriving business ecosystem, Airwallex has appointed Lowry Gladwell as its Associate Director of New Zealand, the company’s first local employee, to lead its ambitious expansion plans. Gladwell will be joined by Matt Sek, a key regional leader, as Airwallex aims to grow its New Zealand team to 10 employees by the end of 2025.

“With New Zealand businesses increasingly looking for agile, cost-effective financial solutions, Airwallex is here to challenge the status quo,” said Gladwell. “Our entry into this market represents more than just expansion — it’s about providing Kiwi businesses with the tools they need to grow globally without the friction and high costs of traditional banking.”

A New Era of Financial Solutions for New Zealand Businesses

As part of its expansion, Airwallex is rolling out several new product offerings tailored to the needs of New Zealand businesses. The company’s corporate cards offering will be bolstered with a physical card version to complement the existing virtual option. These solutions will empower Kiwi companies to manage expenses more efficiently, reducing high transaction fees and improving financial control. In addition, online payments  will sit alongside existing FX, global accounts and company and employee cards. 

“Managing business spending shouldn’t be a hassle,” said Matt Sek, VP SME & Growth, ANZ. “Our new corporate card solution makes it easier for teams to handle expenses while ensuring greater transparency and efficiency, while payment acceptance allows businesses to accept payments from customers around the globe with fast, flexible settlements and a seamless checkout experience. This is just the beginning of our commitment to providing smarter, more intuitive financial tools for New Zealand businesses.”

A Tailored Approach for New Zealand’s Unique Market

New Zealand’s business environment, while dynamic, has long been dominated by a concentrated banking sector, leading to high fees and sluggish international transactions. Airwallex is set to disrupt the market by offering lower costs, competitive FX rates, and faster payments — critical advantages for businesses operating globally, particularly in New Zealand’s high-growth SaaS and export sectors.

With the country’s economic recovery underway following a challenging period, Airwallex’s presence comes at a crucial time. The company’s solutions will provide much-needed financial agility for businesses looking to scale, particularly as New Zealand strives to double its export growth over the next decade. 

Empowering New Zealand Startups and “Soonicorns”

Airwallex has already demonstrated strong support for startups in New Zealand, with significant sign-ups under its Airwallex for Startups initiative. By offering streamlined international payments, global accounts, and competitive FX rates, Airwallex is positioning itself as a vital partner for the country’s burgeoning startup ecosystem.

“We see huge potential in New Zealand’s startup space,” added Gladwell. “We want to support the next wave of ‘soonicorns’ by providing them with the financial infrastructure needed to scale globally.”

Industry Expertise and Established Partnerships

“We understand that the key industries of growth in New Zealand include Tourism,  eCommerce, and Tech,” said Gladwell. “Airwallex is already working with some of the country’s most innovative and well-established brands, including Rodd & Gunn, Tracksuit and Auror. Our deep knowledge of these industries allows us to tailor our solutions to meet the unique needs of Kiwi businesses, helping them navigate global expansion with ease.”