Airwallex CEO articulates fintech M&A strategy and consolidation outlook

Airwallex signaled an acquisition thesis in CEO statement on M&A strategy on November 17, 2021.

Primary

Airwallex

Structure

CEO statement on M&A strategy

Date

November 17, 2021

Sub-sector

Card Issuing

Airwallex CEO confirms $600M cash reserve for M&A, targets subscription payments and data analytics acquisitions as part of fintech consolidation wave.

Primary company

Airwallex

Counterparty

Not disclosed

Amount

Not disclosed

Event date

November 17, 2021

Sub-sector

Card Issuing

HQ

Not disclosed

Structure

CEO statement on M&A strategy

Source published

November 17, 2021

Publisher

TechCrunch

Source: techcrunch.com