Markets.News
In a recent development, Airwallex, a prominent global payments and financial platform catering to expanding businesses, has finalized agreements to purchase CTIN Pay in Vietnam. CTIN Pay is a licensed Intermediary Payment Service company in Vietnam. The acquisition is pending the fulfillment of standard closing requirements. This strategic move will enhance Airwallex's licensed operations in key Asia-Pacific markets, such as Australia, Singapore, Hong Kong, Malaysia, New Zealand, and now Vietnam. This acquisition signifies a significant expansion for Airwallex in the region.