Airwallex Expands APAC Ambitions
Airwallex has acquired majority ownership of PT Skye Sab Indonesia, a PJP Category 1 licensed payments company, marking a strategic move to strengthen its regulatory footprint and accelerate regional growth.
The acquisition enables Indonesian merchants to leverage Airwallex’s global financial infrastructure, facilitating cross-border expansion and providing international companies with a smoother path into Indonesia’s rapidly growing market.
Airwallex currently operates across major Asia-Pacific hubs, including Australia, China, Hong Kong, Japan, Malaysia, New Zealand, South Korea, Singapore, and Vietnam.
Fuelled by Fresh Capital and AI Investment
The announcement follows Airwallex’s recent $330 million Series G fundraise at an $8 billion valuation – roughly 30 percent above its previous round – supporting its growth strategy and AI-driven product roadmap.
The company is rolling out specialised agents designed to streamline financial workflows and improve the accuracy of cross-border transactions.
Positioning for Indonesia’s Digital Future
Indonesia’s evolving digital infrastructure represents a core growth opportunity. The nation’s 2045 Digital Vision aims to establish a globally competitive economy, driven by innovation and enhanced financial access.
Airwallex aims to empower local businesses through enhanced connectivity to Southeast Asia’s financial networks.
Leadership Signals Strategic Intent
Jack Zhang, co-founder and CEO of Airwallex, said the company’s scalable financial infrastructure gives it a distinctive edge in the AI era: «As AI lowers software costs, infrastructure and data become the ultimate differentiator.»
He added that Airwallex’s proprietary visibility enables « agentic finance » capabilities tailored to customer needs.
Capturing SME-Driven Growth
With more than 64 million SMEs powering Indonesia’s economy, demand is rising for efficient international payment systems. Combining Airwallex’s global network with PT Skye Sab Indonesia’s local capabilities will help businesses expand overseas with greater control and certainty.
Airwallex continues to scale at pace, reporting a 180 percent year-on-year revenue increase and a 94 percent rise in transaction volume in Southeast Asia for Q3 2025. Globally, the platform surpassed $1 billion in annualised revenue and $235 billion in transaction volume – evidence of accelerating adoption among enterprises looking for modern cross-border solutions.
Competitive Edge through Compliance and Capability
By deepening its regulatory presence and investing in AI-powered infrastructure, Airwallex is positioning itself to capture growth tied to Indonesia’s digital economic ambitions.
The acquisition establishes a stronger base for competing in the region’s high-value payments landscape, while offering Indonesian businesses the tools to scale internationally with increased efficiency.
