Vistra & Airwallex partner to boost Business Growth with Embedded Finance

Vistra and Airwallex are collaborating to enable customers to expand into new markets more effectively through the simplification of intricate cross-border business and finance operations. By sharing common priorities in reaching global markets and technology innovation, the collaboration expects to drive the acceleration of clients' growth as well as broaden their international abilities.

Jonathon Clifton, President of Global Solutions at Vistra, commented: “Embedded finance is part of our ambition to give clients the necessary tools to conduct and grow their global business with ease. Whether they want to transfer funds between their entities, pay employees or suppliers, they can now do so faster and with access to best FX rates any day of the week, while managing other entity-related tasks all in one unified place on the Vistra Platform. Our clients will experience real tangible benefits in terms of time and cost savings which is game-changing for them, and the industry at large.”

Under this strategic partnership, Vistra will incorporate Airwallex's Business Account and Embedded Finance products on its platform. Through this integration, Vistra's customers can easily handle essential components of cross-border operations—setting up business entities and facilitating transactions via a Global Business Account.

Arnold Chan, General Manager, APAC, Airwallex, said: “Airwallex is excited to partner with Vistra, as our visions align perfectly. Vistra's dedication to global progress and long-term value creation complements Airwallex's commitment to building the best financial infrastructure for businesses to scale globally. Our all-in-one, multi-currency Business Account and embedded finance products will be a game-changer for Vistra's clients, providing them with more speed and flexibility as they expand into new markets.”

In addition to simplifying global operations, Vistra's customers will also be able to benefit from Airwallex's fast, convenient, and competitive foreign exchange services backed by 24/7 pricing. The association boosts operational efficiency and enables businesses to better traverse international markets with ease and speed.