Airwallex Secures Dual Licenses for E-Money and MSB Class A Operations in Malaysia

Deep News11:00

Global fintech platform Airwallex has announced that it has obtained an e-money license and an MSB (Money Services Business) Class A license issued by Bank Negara Malaysia. This marks the final regulatory approval required for Airwallex to commence full-scale local operations in Malaysia, making it one of the few integrated non-bank financial service providers in the country with comprehensive qualifications.

Chen Junyang, General Manager of Airwallex Asia-Pacific, stated, "Malaysia is one of Airwallex's key strategic markets. This regulatory approval will help us further deepen our local presence. We are delighted to provide local enterprises with the financial infrastructure needed to expand their international business and contribute to strengthening Malaysia's role as a regional and global growth hub."

According to available information, Airwallex was founded in 2015 and currently holds over 80 financial licenses worldwide, covering 80 markets across North America, Europe, the Middle East, and Asia-Pacific. The company serves more than 200,000 corporate clients.

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