Amsterdam-based communications platform Bird, formerly known as MessageBird, has chosen Airwallex to drive its worldwide payment operations. Bird, established in 2011, specializes in facilitating businesses to communicate with their clientele through their preferred channels, boasting over 5 trillion messages annually across email, SMS, and WhatsApp.
The decision to partner with Airwallex stems from Bird’s need to modernize its financial systems. Bird’s existing systems struggled to manage the diverse currencies flowing through its various operations, resulting in operational fragmentation. Challenges included difficulties in initiating and approving supplier payments and reconciling transactions with Bird’s accounting software.
In response, Bird and Airwallex have collaborated closely to enhance Bird’s financial management capabilities. Airwallex’s global payment infrastructure has been tapped to bolster Bird’s in-house foreign exchange engine and issuing solutions. This alliance has already yielded positive results, allowing Bird to centralize its financial activities across multiple currencies and entities onto a unified platform.
Looking ahead, both companies are enthusiastic about the potential for further collaboration. Bird’s CEO, Robert Vis, expressed eagerness to explore additional opportunities to leverage Airwallex’s product suite.
Airwallex, headquartered in Singapore with roots in Melbourne, Australia, offers a range of financial services tailored for enterprises. In addition to payments solutions, Airwallex provides treasury and spend management products, as well as embedded finance services. Notably, Airwallex expanded its global footprint with the acquisition of Mexican paytech MexPago in the previous year, marking its entry into the Latin American market.
Source: fintechfutures.com
