FinTech Startup Yeeld Teams Up with Airwallex to Enhance Global Payments and Financial Operations
In a significant move within the FinTech industry, emerging player Yeeld has forged a strategic partnership with Airwallex, a leading name in global payments and financial solutions, according to PYMNTS News. This collaboration is set to drive accelerated growth in global payments and financial operations, catering to the evolving needs of their shared clientele.
Yeeld, co-founded by former Stripe employees Emily Tsitrian and Mira Boora, is carving its niche by assisting businesses of all sizes in seamlessly integrating and upgrading their payment acceptance technology. The founders’ extensive expertise in financial infrastructure equips Yeeld to revamp and streamline systems, ultimately bolstering the profitability of its clients.
The joint press release issued on Tuesday, August 22, underscores Yeeld’s ambition to modernize the FinTech and payments landscape. The company’s partnership with Airwallex, renowned for its prowess in global payments and financial platforms, will serve as a springboard for Yeeld’s expansion endeavors.
Emily Tsitrian, one of Yeeld’s founders, emphasized the pivotal role international payments play in the expansion strategies of major global corporations. She lauded Airwallex’s approach to international payments and global financial architecture, which seamlessly aligns with Yeeld’s mission to drive innovation and efficiency within this realm.
Jessica Chiu, Vice President of Strategic Partnerships at Airwallex, echoed these sentiments, shedding light on the pressing need for businesses to embrace comprehensive global payments and financial technology solutions. Airwallex’s suite of offerings, spanning payment management, treasury services, spend optimization, and embedded finance, empowers businesses of varying sizes to effortlessly scale across international borders.
This partnership follows Airwallex’s recent collaboration with venture investing platform OurCrowd, aimed at simplifying the process of startup investment for institutions and individuals worldwide. By facilitating investments in startups with local currencies and a single-click process, Airwallex and OurCrowd are democratizing and streamlining investment opportunities.
Airwallex’s impact extends beyond partnerships, as demonstrated by its assistance to global spend platform Brex in their global expansion efforts. By offering solutions like local currency collections for corporate credit card transactions and employee expense reimbursements, Airwallex is cementing its position as a key player in reshaping the financial landscape.
As Yeeld and Airwallex combine their strengths, the FinTech industry can anticipate a new era of seamless global payments and financial operations. This partnership not only underscores the companies’ commitment to innovation but also highlights their shared vision for a more interconnected and efficient financial future.