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Airwallex to splash $1.1b on UK base as it seeks global growth

Airwallex plans to expand across Europe, the Middle East, and Africa by the end of the decade, in a move that will ultimately see the fintech spend $US590 million ($1.1 billion) on its regional base in the UK.

The business banking firm, founded in Melbourne, said it will roll out products such as credit cards and billing management, while hiring dozens of staffers to take its UK headcount to 160 by the end of next year.

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Bloomberg

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