Fintech One•On•One Ravi Adusumilli, President, Americas of Airwallex on building a global B2B payments platform
Moving money internationally is mission-critical for many businesses in the world, particularly those outside the U.S. But, today, for businesses using traditional banks, moving money across borders is often expensive, slow and a terrible user experience. Wherever you have that combination you can be sure a fintech company is attacking the problem aggressively, which is certainly the case here.
My next guest on the Fintech One-on-One podcast is Ravi Adusumilli, the President and GM of the Americas for Airwallex. They have built their own payments rails, as an alternative to SWIFT, to serve businesses who want to move money and accept payments internationally. How they have done that makes for a fascinating conversation.
In this podcast you will learn:
- The target market for Airwallex in the Americas.
- How they help businesses expand internationally.
- Why they decided to build their own payments rails as an alternative to SWIFT.
- How the money moves exactly.
- The percentage of their payments that move in real time.
- What was behind their acquisition of MexPage in Mexico.
- Why they decided to build a business themselves in Brazil.
- How they are working with Brex.
- How Airwallex is able to serve smaller businesses.
- How they help tech companies offer embedded global payments as a profit center.
- How their multi-currency wallets work.
- Ravi’s perspective on stablecoins and other alternative payments rails.
- His view on the future of embedded finance and global payments.
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