Global fintech firm Airwallex has received approval fromBank Negara Malaysia to operate as a fully licensed financial services providerin the country after obtaining both e-money and Class A licenses.Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!).The move enables the firm to offer its complete suite offinancial products to Malaysian businesses, ranging from local payments toglobal money movement.Growing Footprint and Market InvestmentThe new licenses build on Airwallex’s earlier approvals,including its Class B Money Services Business license and status as aregistered merchant acquirer. With expanded regulatory coverage, the companycan now issue e-money, manage multi-currency accounts, support foreign exchangetransactions, and facilitate international payouts on a single platform.Arnold Chan, Airwallex’s General Manager for Asia-Pacific,said Malaysia is a key market where the company aims to help businesses expandinternationally. In 2025, Airwallex expanded its local team by 66% andhandled over RM2 billion in remittance transactions. It also opened a largeroffice in Kuala Lumpur and plans to double its workforce.Airwallex has strengthened its global brand presence bysigning a multi-year sponsorship deal with Arsenal Football Club, shortly aftersecuring $300 million in Series F funding that valued the company at $6.2billion. The partnership makes Airwallex Arsenal’s Official FinanceSoftware Partner and extends across both the men’s and women’s teams, offeringthe company prominent branding and content opportunities during matches atEmirates Stadium. Arsenal Partnership After $300M Funding BoostAs the presenting partner for Arsenal’s upcoming pre-seasontour in Asia, the Melbourne-based fintech aims to leverage the collaboration toengage new audiences and showcase its payments technology on an internationalstage.This latest move continues Airwallex’s broader expansionstrategy, which has increasingly blended sports marketing with its financialtechnology growth. Following its earlier deal with McLaren Racing, the Arsenalpartnership underscores Airwallex’s ambition to position itself as a leadingglobal payments provider while aligning with iconic sports brands to boostvisibility. The fresh capital injection provides the financial backingto scale its offerings and amplify brand recognition, signaling thatAirwallex’s post-funding momentum is firmly focused on deepening its globalfootprint through high-profile partnerships.Elsewhere, Airwallex recently appointed former New Zealand Prime Minister and Finance Minister Sir Bill English as Chair of its NewZealand board, reinforcing its growing presence in the country. Since launchinglocally in 2023, the fintech has expanded rapidly, now serving over 1,000 NewZealand businesses and processing around NZ$2.4 billion in annual payment flows,a 240% increase from the previous year. This article was written by Jared Kirui at www.financemagnates.com.