Panax, a leading AI-driven cash management platform, has partnered with Airwallex, a leading global payments and financial platform for growing businesses, to streamline global money movement.
Powered by Airwallex’s global financial infrastructure and payments capabilities, Panax customers can now directly execute cross-border payments and foreign exchange (FX) transactions within the Panax platform.
The partnership enables finance teams to gain full visibility and control over their cash while reducing operational complexity and enhancing liquidity management. With access to multi-currency accounts and the ability to pay out in over 60 currencies and more than 120 countries, finance teams can seamlessly move funds between entities without the hassle of using multiple bank accounts.
Panax’s platform automates cash management workflows by proactively surfacing insights around trends, anomalies and upcoming funding needs, helping finance teams optimise liquidity and reduce cash risks. By embedding Airwallex’s global payments infrastructure, finance teams can act on these insights instantly, such as executing cross-border payment transfers with ease.
“Finance teams can now manage and execute the entire cash management flow in one place, at a lower cost,” said Niv Yaar, CBO and co-founder. “With our platform, all data is collected and processed automatically, allowing full cash visibility and control. As a result of our partnership with Airwallex, our customers can not only receive AI-driven insights and alerts but also act on them in real time, with the full context.”
The partnership
This collaboration reflects the growing industry shift toward automation and real-time financial insights, reducing the need for manual intervention. By eliminating fragmented financial processes, Panax customers benefit from:
- Seamless cross-border payments: Finance teams can transfer funds globally without switching between bank accounts, and having all the needed context on one platform
- Competitive FX rates: Customers can manage currency exchange more efficiently, reducing costs
“By integrating Airwallex’s infrastructure into Panax’s platform, we’re enabling finance teams to move money globally with greater speed, control, and efficiency,” said Or Liban, VP, Middle East and EU Enterprise at Airwallex.
“As industries converge and real-time reporting becomes the norm, finance teams require faster, more efficient cash management capabilities. Together, Panax and Airwallex are addressing this need by offering a comprehensive solution for global treasury operations – helping finance teams reduce cash risks, optimise liquidity, and gain real-time financial visibility.”
