FinTech Magazine August 2020 | Page 35

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For Airwallex , the investment will predominantly be used for the organisation ’ s expansion into Europe that Butland will lead . “ The challenge for Europe is really around how to sell your product to individual countries and markets ,” he explains . “ We ’ re really trying to focus on not just what our customers need now , but what they may need in the future . For example , one big focus is on the ability to collect funds locally in different countries . Before we launched this product , if you wanted to launch a new business in the US , or any other country , you ’ d have to have a presence there . With us , you can provide some simple details and start a business on the same day , so we ’ re always looking at how we can improve the business and payments landscape for people and improve our offering around the world . Our
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