Leading global fintech Airwallex today announced that it now enables businesses to receive and hold funds in Israeli Shekels (ILS) through its Global Accounts and multi-currency wallet. The new offering enables Israeli and global Airwallex customers to open accounts, facilitating seamless transactions in ILS via the Israeli payment network. Transfers can be made through MASAV (ACH) or Zahav (RTGS), providing businesses with greater flexibility and efficiency in managing their global financial operations.With the introduction of ILS Global Accounts, businesses can now benefit from local collection capabilities, real-time settlement for faster payments, and streamlined treasury management. Customers can access the service through Airwallex’s Business Account, Core API, or Embedded Finance solutions, ensuring integration with existing financial workflows.In addition to ILS Global Accounts, Airwallex’s multi-currency wallets and cards can be used for transactions in any currency supported by Visa, provided there’s sufficient balance in the user’s Airwallex wallet. Airwallex’s multi-currency cards, combined with Direct Billing, ensure that each customer’s Airwallex multi-currency Wallet is debited directly in their preferred transaction currency, eliminating any hidden charges or conversion fees, making it simpler and more cost-efficient for companies to manage their spending and expenses. For instance, for all ILS transactions, the customer’s ILS wallet will be debited seamlessly, offering unparalleled convenience and transparency for IL companies.“Enabling businesses to receive and hold funds in Israeli Shekels through our Global Accounts is a significant step in simplifying cross-border financial operations,” said Or Liban, VP, Middle East at Airwallex

Airwallex has been named number 3 in the Finance and Personal Finance category of the World’s Most Innovative Companies of 2025 by Fast Company. This list shines a spotlight on businesses that are shaping industry and culture through their innovations to set new standards and achieve remarkable milestones in all sectors of the economy.“Innovation is at the core of Airwallex’s DNA. When building Airwallex, we didn’t enhance an existing system but orchestrated a complete rethinking of how global businesses move and manage money,” said Jack Zhang, Co-Founder and CEO of Airwallex. “This recognition reaffirms what we’ve always believed: real innovation means solving the biggest challenges in global business, not just making incremental changes.”Airwallex was built with a single purpose in mind: to create a world where all businesses can operate without borders and restrictions, and by doing so, propel the growth of the global digital economy. In just a few clicks, Airwallex customers can open a Global Account, which serves as a multi-currency wallet with local bank details – allowing customers to almost instantly set up and start collecting payments from customers worldwide, in whatever currencies they choose.Customers can make payments to more than 150 countries, with clear information on the conversion rates and markups applied compared to interbank rates, and certainty on when the money will land in the recipient’s account. Over 90% of Airwallex’s transactions go through local rails, and approximately 90% of transactions arrive within a few hours/same day

Airwallex has been named number 3 in the Finance and Personal Finance category of the World’s Most Innovative Companies of 2025 by Fast Company. This list shines a spotlight on businesses that are shaping industry and culture through their innovations to set new standards and achieve remarkable milestones in all sectors of the economy.“Innovation is at the core of Airwallex’s DNA. When building Airwallex, we didn’t enhance an existing system but orchestrated a complete rethinking of how global businesses move and manage money,” said Jack Zhang, CEO and Co-founder of Airwallex. “This recognition reaffirms what we’ve always believed: real innovation means solving the biggest challenges in global business, not just making incremental changes.”Airwallex was built with a single purpose in mind: to create a world where all businesses can operate without borders and restrictions, and by doing so, propel the growth of the global digital economy. In just a few clicks, Airwallex customers can open a Global Account, which serves as a multi-currency wallet with local bank details – allowing customers to almost instantly set up and start collecting payments from customers worldwide, in whatever currencies they choose.Customers can make payments to more than 150 countries, with clear information on the conversion rates and markups applied compared to interbank rates, and certainty on when the money will land in the recipient’s account. Over 90% of Airwallex’s transactions go through local rails, and approximately 90% of transactions arrive within a few hours/same day