Vistra integrates with Airwallex to offer an all-in-one global growth platform for clients
Discover how Airwallex’s embedded finance solution empowers Vistra to provide clients with a unified platform for establishing legal entities and managing global financial operations.
Vistra is a leading provider of essential business services, designed to help companies and private capital funds grow across the entire business and investment lifecycle.
Industry
Professional services
Company size
9,000+ employees
Location
Hong Kong
Introducing Vistra
Expanding into new markets is complex and costly for growing businesses. This is where Vistra comes in, specialising in streamlining business-critical administrative tasks, enabling clients to operate anywhere with fewer frustrations. With a team of over 9,000 experts in more than 50 markets, Vistra provides a comprehensive suite of services, including legal entity management, regulatory compliance, human resources, and tax support.
Alan Schmoll
Executive Vice President, Platform, Global at Vistra
“Embedded finance is part of our ambition to give clients the necessary tools to conduct and grow their global business with ease.”
The Challenge
Vistra’s clients – many of whom are rapidly expanding businesses – face a major hurdle when entering new markets. While Vistra excels at establishing legal entities for them, the process of enabling these new entities to transact is often slow, costly, and disjointed. Traditional banking slows global expansion with complex, time-consuming applications and high fees. This disconnect between entity formation and financial operations creates significant friction, hampering global expansion efforts.
The Solution
Vistra partnered with Airwallex to embed financial infrastructure directly into their platform, offering an all-in-one solution for its clients. They can now provide a seamless journey that combines legal entity management with instant, multi-currency financial operations via Airwallex’s Business Account and Embedded Finance.
Through this strategic partnership, Vistra’s clients can now:
Open a global Business Account instantly, eliminating the need for slow, traditional bank account setups.
Execute international transfers faster and more efficiently, leveraging Airwallex’s robust local payment network.
Access competitive FX rates, saving significant costs on cross-border transactions.
Alan Schmoll
Executive Vice President, Platform, Global at Vistra
“Whether they want to transfer funds between their entities, pay employees or suppliers, they can now do so faster and with access to best FX rates any day of the week, while managing other entity-related tasks all in one unified place on the Vistra Platform.”
The Result
The embedded solution empowers Vistra's clients with unparalleled convenience and efficiency. By providing a single, unified platform, Vistra helps them save valuable time and money. The ability to go from establishing an entity to making global payments in one seamless process is a game-changer for businesses looking to scale.
This partnership highlights the shared vision of both companies: empowering businesses to grow without borders. By leveraging Airwallex's technology, Vistra is not only enhancing its own service but also providing its clients with the competitive advantage they need to succeed in the global marketplace.
Arnold Chan
General Manager, APAC at Airwallex
“Our all-in-one, multi-currency Business Account and embedded finance products will be a game-changer for Vistra's clients, providing them with more speed and flexibility as they expand into new markets.”
See how our customers are finding Airwallex
“The 1% extra on every business travel expense used to add up. With Airwallex, I can skip those frustrating foreign transaction fees.”
Rachel Lim
Co-Founder, Love, Bonito
"Airwallex has been a game changer for all our banking needs. As a fast-growing startup, we need a scalable yet cost-efficient batch payment solution to pay our employees and vendors both inside and outside Hong Kong. Airwallex helps us save money on every bank transfer with their near-zero transaction fee and market-beating FX rates. We also use Airwallex’s multi-currency Visa cards for business travel expenses and SaaS subscriptions to avoid hidden bank fees that would otherwise have been difficult to spot. Would highly recommend other startups to get started with Airwallex!"
Henson Tsai
Founder, SleekFlow
“Through Airwallex, Jakewell can easily create Visa Corporate Cards for their team in minutes. Management can set spending limits and assign specific uses for each card to avoid misuse, while the team can quickly handle unexpected expenses. All transactions are automatically recorded, making the reconciliation process a breeze.”
Phyllis
Head of Digital Operations at Jakewell
"I’m so thankful that Airwallex exists! In Hong Kong, it's so hard to find financial service providers that are friendly to small businesses. Airwallex allows me to exchange currencies at really great rates, and the interface is very modern and easy to use compared to my bank. We save so much money with Airwallex! In just a few months, we've already saved more than HK$78,000 in unnecessary fees!"
Jennifer Chong
CEO, Linjer
“To ensure that marketing teams across each market have sufficient funds for daily operations, such as ad placements, KOL payments, and software subscriptions, Grams(28) conducts cross-border transfers on a daily basis. Through Airwallex, we can now easily create employee cards for various teams with just a few clicks.”
Benjamin
Founder of Grams(28)
“Importing the best wine and sake overseas always involve extra costs on transaction fee & FX fee. With Airwallex, we saved 100% of our overseas remittance cost and we could provide the best price for our customers.”
Tomy Wu
Co-Founder, MyiCellar
