- Partnership Overview:
- Bird, a communications platform based in Amsterdam, has selected Airwallex to power its global payments operations.
- Bird’s Profile:
- Founded in 2011 as MessageBird, Bird offers API-driven CRM solutions for marketing, sales, and payments, facilitating over 5 trillion annual messages across various channels like e-mail, SMS, and WhatsApp.
- Reason for Partnership:
- Bird partnered with Airwallex due to challenges with legacy systems managing multiple currencies across its operating entities, resulting in a fragmented operating system.
- Collaboration Objectives:
- The partnership aims to provide Bird’s finance team with greater consistency, speed, and depth of reconciliation, addressing issues related to supplier payments creation, approval, and reconciliation with accounting software.
- Utilization of Airwallex Solutions:
- Bird has selected Airwallex’s global payments and financial infrastructure to power its in-house foreign exchange engine and issuing solution, consolidating financial operations across various currencies and entities into a unified platform.
- Success of Collaboration:
- The collaboration has already proven successful, allowing Bird to consolidate its financial operations across multiple currencies and entities.
- Future Collaboration:
- Both companies are actively exploring future avenues of collaboration to leverage Airwallex’s product offerings further, as confirmed by Robert Vis, founder and CEO of Bird.
- About Airwallex:
- Airwallex, established in Melbourne, Australia in 2015 and now headquartered in Singapore, offers enterprises treasury and spend management products, embedded finance, and payments solutions.
- Airwallex expanded into Latin America last year with the acquisition of Mexican paytech MexPago.
