Case Study: Qwilr saves on FX fees and streamlines global payments with Airwallex

Qwilr - Customer Case Study

Qwilr, a company that provides a platform for creating dynamic sales proposals and collateral, faced challenges managing its international finances during its expansion into the US and Europe. As a global business with customers and teams in multiple countries, it needed to mitigate foreign exchange volatility and streamline complex multi-currency operations, which was difficult with its previous banking setup.

To solve this, Qwilr implemented Airwallex's Global Accounts and virtual debit cards. This solution allowed Qwilr to receive payments and pay suppliers in USD, eliminating concerns over exchange rate fluctuations and building USD reserves. The results were significant, with Qwilr saving thousands of dollars per month on foreign exchange fees. Furthermore, Airwallex provided Qwilr's finance team with superior visibility and control over spending, drastically reducing the time required for expense management and reconciliation.

Qwilr

Tania Clarke

Product Marketing Lead