Source: Airwallex
- Airwallex launches in New Zealand, appointing Lowry Gladwell as Associate Director and first local employee.
- Commitment to local growth, with plans to expand the team to 10 employees on ground by the end of 2025.
- New product rollouts, including corporate cards, online payments and expanded Airwallex for Startups offerings, to support Kiwi businesses.
- Partnering with top NZ brands, already working with Rodd & Gunn, Tracksuit and Auror.
Auckland, New Zealand, 26 February, 2025 – 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.”
Looking Ahead
Airwallex’s entry into New Zealand marks a long-term investment in the country’s business landscape. As the company continues to grow its local team and expand its offerings, it remains committed to helping Kiwi businesses navigate the evolving financial landscape with confidence.
“Our goal is simple,” concluded Gladwell. “We’re here to provide New Zealand businesses with better experiences, lower fees, and faster payments in a market that’s crying out for competition. We’re excited for what’s ahead.”
About Airwallex
Airwallex is a leading global financial platform for modern businesses, offering trusted solutions to manage everything from payments, treasury, and spend management to embedded finance. With our proprietary infrastructure, Airwallex takes the friction out of global payments and financial operations, empowering businesses of all sizes to unlock new opportunities and grow beyond borders. Proudly founded in Melbourne, Airwallex supports over 150,000 businesses globally and is trusted by brands such as AS Colour, Rodd & Gun, Tracksuit and many more. For more information, visit http://www.airwallex.com