What's Happening?
Pipe, a fintech platform focused on providing financial solutions to small businesses, has partnered with Airwallex to expand its global reach. This collaboration allows Pipe to offer same-day or next-day payouts to small businesses needing working capital through a single, scalable integration with Airwallex. The partnership aims to solve major pain points for small and medium-sized businesses (SMBs) by providing them with access to working capital and financial tools. Airwallex's global payments infrastructure supports Pipe's money movement needs across multiple regions, enabling quick payouts with minimal technical lift.
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Why It's Important?
The partnership between Pipe and Airwallex is significant for SMBs, as it addresses the critical need for accessible working capital and financial tools. By leveraging Airwallex's infrastructure, Pipe can maintain a consistent user experience and expand internationally with localized infrastructure. This collaboration reduces operational complexity and technical debt, allowing Pipe to focus on serving its customers effectively. The ability to offer rapid payouts and financial solutions enhances Pipe's product suite, empowering SMBs to unlock revenue potential and scale globally.
What's Next?
Pipe plans to use Airwallex to launch in Australia later in 2025, followed by more countries in 2026. The partnership will continue to explore ways to strengthen its geographical footprint across Europe and APAC. As Pipe expands its global presence, it aims to provide innovative embedded financial solutions to SMBs, enabling them to operate efficiently in multiple markets. The collaboration with Airwallex is expected to drive Pipe's momentum in reaching new heights and expanding access to new markets and verticals.
