NoBull SaaS

What does Airwallex do?

Tool: Airwallex

The Tech: Global Payments

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Their Pitch

The global payments and financial platform for growing businesses.

Our Take

A global business bank that replaces the nightmare of managing multiple international bank accounts and payment processors from one dashboard.

Deep Dive & Reality Check

Used For

  • +**Managing separate bank accounts in every country you operate** → Hold 64 currencies and get local bank details in 60+ countries from one account
  • +**Your Shopify store losing sales because customers can't pay locally** → Accept payments in 180+ countries with local payment methods built-in
  • +**Employees expensing international transactions with crazy fees** → Corporate cards with zero international fees and real-time spending controls
  • +**Manually paying vendors across different countries and currencies** → Send payments to 200+ countries with automated bill pay
  • +API connects to your platform so customers can split payments automatically - no custom banking integrations

Best For

  • >E-commerce stores selling globally and tired of payment processor roulette
  • >Growing companies paying vendors in 5+ countries every month
  • >Teams issuing corporate cards to remote employees worldwide

Not For

  • -Companies that only operate domestically — you're paying for global features you'll never use
  • -Very small teams under 10 people — the complexity isn't worth it if you're not doing serious international business
  • -Anyone wanting traditional banking products like loans or credit lines — this is payments infrastructure, not a full bank

Pairs With

  • *Shopify (where customers actually buy your stuff before Airwallex processes their payments)
  • *Xero (to sync all your international transactions since Airwallex isn't doing your books)
  • *QuickBooks (alternative to Xero for the accounting sync you definitely need)
  • *Slack (where your finance team celebrates not having to log into 8 different bank accounts)
  • *Stripe (for domestic payments since some businesses use both for different regions)
  • *Wise (what you might graduate from when your transfer volume gets serious)

The Catch

  • !Pricing details are mysteriously absent from their marketing - always a red flag for sticker shock
  • !You'll still need accounting software since this syncs to Xero/QuickBooks rather than replacing them
  • !Expense management costs extra at $5/user/month on top of whatever the base subscription is

Bottom Line

Finally, one place to handle all your international money stuff without opening bank accounts in 12 countries.