Airwallex appoints Carolyn Renzin as Chief Regulatory and Compliance Officer to drive next phase of global growth

SAN FRANCISCO – Airwallex, a leading global financial platform for modern businesses, today announced the appointment of Carolyn Renzin as Chief Regulatory and Compliance Officer (CRCO). Based in New York, Renzin will lead Airwallex's global regulatory and compliance program as the company continues to aggressively scale its financial infrastructure across the U.S.,Europe, Latin America, and other key markets around the world.

The appointment comes as Airwallex expands the sophistication of its regulated product suite in the U.S., including the recent launch of Airwallex Yield through its registered broker-dealer, Airwallex Capital US LLC. With 85+ licenses and permits across the globe, in North America, Europe, the Middle East, and Asia-Pacific, the company is investing in senior regulatory and compliance leadership to enhance its effective compliance program and deepen its engagement with regulators across its growing global footprint. In 2026, Airwallex expects to increase its compliance expenditure by 70% year-on-year and will expand its dedicated regulatory and compliance team by approximately 50%.

To further strengthen its regulatory and compliance framework, Airwallex has integrated specialized AI agents to augment its KYC/KYB, AML, and transaction monitoring functions. These agents work alongside the company's global compliance team to minimize manual bottlenecks and provide consistent and synthesized preliminary insights, empowering human analysts to exercise higher-level judgment with greater precision and speed. This human-in-the-loop approach enables Airwallex to scale quickly, efficiently and effectively while maintaining robust and hyper-accurate oversight.

Renzin, a 25+ year regulatory litigator and compliance expert, joins from FanDuel, the largest division of Flutter Entertainment PLC (listed on NYSE FLUT), where she served as Chief Legal and Compliance Officer during a period of rapid growth and intense regulatory complexity in the newly-legalized online betting and gaming industry. She previously spent more than six years at JPMorgan Chase, engaging with regulators and implementing remediation compliance solutions during the period of intense regulatory scrutiny in the wake of the financial crisis.  

"Our customers are operating across more markets, moving faster, and adopting AI-driven financial workflows that didn't exist two years ago,” said Jack Zhang, co-founder and CEO, Airwallex. “As we expand the range of financial products and services we offer globally, that velocity and complexity raises the bar for how we manage risk and compliance. Our customers expect us to set that bar, not just meet it. Carolyn's experience building compliance programs at scale, across both traditional banking and high-growth technology, is exactly what this moment requires."

Jeanette Chan will continue to serve as Chief Legal Officer, leading Airwallex's global legal strategy, product and commercial counsel, and licensing initiatives. Together, Chan and Renzin will continue to strengthen the company's legal and regulatory capabilities as Airwallex scales its operations and drives toward the next stage of maturity.

"As Airwallex deepens its presence in markets around the world, our relationships with local regulators are as important as the infrastructure itself,” Renzin said. “I'm joining to enable Airwallex to set new standards of trust in the industry.  Together with regulatory collaboration and customer input, we will shape the evolving regulatory standards to design the forefront of what is possible, from real-time cross-border treasury to AI-powered financial operations. The rules of the road for trust in modern banking are being written right now, and Airwallex will be leading the conversation."

About Airwallex

Airwallex is a leading global financial platform for modern businesses. We are building the future of global banking for a borderless, real-time, intelligent economy.

More than 250,000 companies worldwide, from startups to public enterprises, use Airwallex to manage their global banking and financial operations, or to build and monetise their own financial products.

Founded in Melbourne in 2015, Airwallex holds 85+ licenses across North America, Europe, the Middle East, and Asia-Pacific, forming one of the most comprehensive financial infrastructures in the world. This regulated backbone powers Airwallex products at global scale, including payment acceptance, billing, global business accounts, corporate cards, and spend management.

The company is co-headquartered in San Francisco and Singapore with over 2,200 employees across 26 offices. Learn more at www.airwallex.com.