Case Study: RYSE streamlines cross-border finances and saves on FX costs with Airwallex

RYSE optimizes its cross-border finances and saves big with Airwallex

RYSE, a Toronto-based smart home and electronics manufacturer, needed a better way to manage cross-border finances as it operated in Canada, the US, and China. With 90% of revenue in USD but many expenses in CAD, the company faced slow transfers, high foreign exchange costs, and fragmented workflows across multiple financial tools. It used Airwallex Global Accounts and Corporate Cards to simplify these complex international operations.

With Airwallex, RYSE consolidated USD and CAD collections, enabled instant transfers between its US and Canadian entities, and processed batch payments without additional fees. Airwallex also improved expense control through individual corporate cards for service providers and flexible payout currency options. The results included more than $25,000 in annual FX savings, faster supplier and contractor payments, and a scalable financial setup that supports RYSE’s global growth.

RYSE

Trung Pham

Founder and CEO