Airwallex, a leading global financial platform for modern businesses, today announced it will inject $236 million [€199M] into its Dutch and Benelux business over the next five years (2026 to 2030), to solidify its position in the market and challenge incumbents such as Mollie, Bunq and Adyen.
The investment will be spent on a range of activities including hiring 60% more staff by the end of 2026 to around 70 full-time employees – which is being enabled by the leasing of a second floor in the existing office space in central Amsterdam – and scaling up the capabilities of the local governance team.
This additional muscle will support the launch of Airwallex’s Yield product, which launched this month across the Netherlands and the European Economic Area (EEA), giving Dutch and European businesses a new way to generate income on idle funds – an opportunity that is not typically available at payment fintech companies.
In addition to Yield, the investment will support the introduction and expansion of Spend and Billing products for Dutch and Benelux businesses, to help streamline complex financial operations and bypass traditional banking friction and operate internationally with the efficiency and scale required to compete on the world stage.
In 2025, the local team added a number of new local customers, including business management software Rentman and ticketing platform Weeztix. It comes as the global business completes a Series G fundraising of $330M, which has valued the business at $8billion, and as the business focuses more on the growth opportunity in Europe and the Americas following a decade of growth in its founding market of Australia, and its successful scaling across the Asia-Pacific region.
The move reflects the critical role that the Netherlands and Europe will play in Airwallex’s future growth, and signals the company’s determination to become the go-to financial platform for fast-scaling international businesses.
Or Liban, Vice President, Airwallex Benelux, said: “The major fundraising round we have completed reflects the strong confidence that the market and investors have in Airwallex. This confidence is built on the company’s exceptional global growth, including in Europe and our NL hub in Amsterdam, as well as on the continuous expansion of the products we offer our customers.”
Robert Vis, Founder & CEO of Bird, an existing customer of Airwallex in the Netherlands, added: “As a global, scaling business, we experienced the limitations of fragmented, legacy banking. Airwallex has delivered the infrastructure we need to move fast and efficiently worldwide. They are completely changing how global businesses handle money, taking on local, traditional incumbents with truly modern financial technology that supports our rapid growth and international ambition.”
Earlier this month the global business also celebrated its 10-year anniversary, and last month it crossed the $1 billion annualised run rate revenue (ARR) threshold.
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