24th August 2026 – Airwallex is accelerating its expansion in the UAE with a US$43 million (AED 158 million) investment over the next five years, positioning the country as an important base for its wider Middle East growth strategy.
Founded in Australia in 2015, Airwallex has developed into a global AI-native financial platform supporting businesses with international payments and financial infrastructure. The company operates across more than 200 countries, holds over 85 licences, and serves more than 676,000 businesses worldwide, both directly and through platform partners.
The UAE investment will support the development of new financial and agentic products while expanding Airwallex’s local operations. The company is strengthening its Dubai presence through senior appointments, additional recruitment and an expanded office footprint, reflecting its longer-term commitment to the market.
Airwallex has already secured In-Principle Approval from the Central Bank of the UAE for Stored Value Facilities and Retail Payment Services Category II licences and is working toward full approval to launch services under these licences in 2026.
The company sees significant potential in the UAE as businesses increasingly operate across international markets and require more flexible multi-currency financial infrastructure. Its strategy is also aligned with the continued expansion of the country’s digital and e-commerce economy.
Airwallex’s technology strategy increasingly incorporates artificial intelligence. The company recently introduced agentic finance products including T:0, Airi and Kai, designed to help businesses automate and scale financial operations.
The UAE expansion comes during a period of significant global growth for Airwallex. In June, the company completed a US$320 million Series H funding round, giving it a valuation of US$11 billion.
With increased investment, regulatory progress and a growing Dubai team, Airwallex is positioning the UAE as a key market for its next phase of regional expansion.
