Wallex is a Singapore-based fintech company founded in 2015 that provides cross-border payment and foreign exchange solutions for SMEs and financial institutions. It offers multicurrency wallets, virtual accounts, and secure global transactions.
Vendor
Wallex
Company Website
- Wallex Collect Payments
Wallex Collect Payments enables businesses to receive international payments in 36 currencies through local virtual accounts. It simplifies cross-border collections, reduces FX losses, and eliminates the need for multiple foreign bank accounts, allowing companies to get paid like a local and manage receivables efficiently.
- Wallex Convert
Wallex Convert is a foreign exchange solution that enables businesses to convert currencies at near mid-market rates with zero hidden fees. It offers real-time conversions, customizable pricing, and supports 47 currencies, helping companies reduce FX costs and manage international transactions more efficiently.
- Wallex Developer Center
Wallex Developer Center provides comprehensive API documentation for integrating with Wallex’s financial services. It offers a JSON-based REST API that enables businesses to manage users, collections, payments, and currency conversions securely and efficiently, supporting seamless automation and connectivity with Wallex’s platform.
- Wallex Earn
Wallex Earn is a flexible cash management solution that allows businesses to earn up to 2.5% annually on idle SGD or USD funds. It offers daily returns, no lock-in period, and fast one-business-day withdrawals, helping companies grow unused capital securely and efficiently through low-risk investments.
- Wallex Global Payments
Wallex Global Payments enables businesses to send money internationally in 47 currencies with same-day settlements, competitive FX rates, and no hidden fees. It supports bulk payments, approval workflows, and real-time tracking, helping companies streamline cross-border transactions and improve financial efficiency.
- Wallex Multi-Currency Wallets
Wallex Multi-Currency Wallets allow businesses to hold, manage, and transact in 13 global and Asian currencies within one account. The solution integrates payments, FX conversions, and virtual accounts, helping companies reduce transaction costs, optimize currency exchange timing, and streamline cross-border operations efficiently.