Airwallex vs Currenxie: Which Is Better in 2025?

If your business manages multiple currencies, you may have heard of platforms like Airwallex and Currenxie that handle business payments locally and across borders. On the surface, both offer multi-currency accounts, local collection, decent FX rates, and a business card. So what’s the difference? And which one should you choose?

This comparison builds on our in-depth reviews of Airwallex and Currenxie. We will compare their features, fees, customer support, account opening process, and customer reviews side-by-side to help you pick the right platform to support your business goals in 2025.

If by the end of the article, you still find that both options are not suitable for your business, we’ll also provide an alternative option for you to consider as well. 

Airwallex is built for global scale and operational flexibility with extensive offerings. They allow businesses to receive payments as if they had local accounts, which helps users cut down on fees and delays. The platform includes advanced tools like APIs and a no-code payment gateway. 

Currenxie, on the other hand, focuses more on ecommerce businesses and simpler payment needs. They offer local receiving accounts in key markets but supports fewer countries than Airwallex. Its strength lies in integration with ecommerce platforms in unique markets like Etsy, JD.com, and Mercado Libre, along with support for gateways like Stripe and Adyen that make it suitable for online sellers. However, it lacks the advanced financial tools and broader currency support that Airwallex delivers.

Both platforms offer free account opening and no monthly fees, so the real differences come down to transfer fees.

Airwallex gears more toward businesses making high volumes of domestic payments. Its free local transfers give it a strong edge for frequent in-country transactions. However, the same advantage doesn’t apply to receiving funds. A 0.3% fee for receiving payments from non-linked accounts can pile up quickly, especially for frequent or high-value transactions. On top of that, SWIFT fees are not low and can eat into the value for businesses that rely heavily on cross-border payments.

Currenxie’s advantage is the predictability. Its flat-fee structure makes cost planning more straightforward. FX fees as low as 0.1% for USD-HKD trades further strengthen its appeal for companies focused on this pair. On the downside, local transfers are not free, which might be a dealbreaker for some.

Airwallex and Currenxie offer business payment cards targeting very different use cases.

Airwallex’s card is built for global usability. Thanks to its support for multi-currency accounts and multiple cards, it is a fit for businesses handling cross-border payments and managing multiple team members.

Currenxie is more minimalist and is better suited for solo founders or small businesses based in Hong Kong. While limited to one currency and one card per account, it offers added value through perks like cashback and discounts on platforms such as Shopify and Google Workspace, adding extra value for ecommerce businesses. It also lets you withdraw cash from ATMs, which Airwallex doesn’t support.

*Currenxie states on the website that the Global Account holder can benefit from personal client support. However, we were unable to locate detailed information regarding the specific services offered.

Support offerings are relatively similar, though Airwallex provides slightly more options. It offers a help centre in English and Simplified Chinese, a contact form, and phone support. However, the phone support currently lists only a China-based number. They also offer a chatbot on their FAQ page. However, its accuracy can be inconsistent. For instance, in the screenshot below, the chatbot claims that Airwallex charges a 0% standard fee on each HKD deposit for Hong Kong accounts.

However, the Airwallex Hong Kong dashboard shows a 0.3% fee applies, except for deposits from linked bank accounts. This inconsistency makes navigating the account confusing.

Currenxie provides an English-only help centre, a contact form, and a chatbot for support. The chatbot primarily directs users to relevant articles in the help centre. If an issue isn’t resolved through the chatbot, users must leave a message for customer service to respond later. While this setup works for basic queries, it may not be ideal for businesses requiring immediate assistance, especially in urgent scenarios.

There are also instances where the chatbot fails to find a suitable answer and instead links to irrelevant articles, as the screenshot below shows. This can add to user frustration.

Both platforms provide online setup and global access, but with slight differences. Currenxie excludes US-based businesses and sole traders, significantly narrowing its potential user base. Airwallex, on the other hand, accepts US businesses but does not clearly specify its policy on sole traders, leaving some ambiguity. Airwallex requires more documentation, such as Articles of Association and an Ownership Chart, which Currenxie does not explicitly list as required.

The online portal and approval times are roughly on par.

Airwallex has a much larger review volume, reflecting its wider global presence, but this also leads to more mixed feedback. Users appreciate its extensive features but often flag inconsistent service. Currenxie has fewer reviews, but sentiment is slightly better. 

Choosing between Airwallex and Currenxie depends on how your business handles international payments, team spending, and platform integrations. While both are designed to support cross-border operations, they serve different business types with different priorities. Below, we break down who each provider is best suited for, based on real features, limits, and use cases.

• Businesses with global payment needs across multiple regions and currencies.
• Companies with multiple team members needing cards or expense controls.
• Businesses with high payment volumes looking for the possibility of customised pricing

• Ecommerce sellers focused on platforms like Etsy, JD.com, or Mercado Libre.
• Businesses operating primarily in HKD with occasional international needs.
• Users who value flat pricing over broader features.

Statrys provides a multi-currency business account for companies registered in Hong Kong, Singapore, and the British Virgin Islands. Hold money in 11 major currencies and pay locally or internationally with ease.

For team expenses, use Statrys prepaid Mastercard® cards; each cardholder gets 1 physical and up to 4 virtual cards. Control spending with real-time tracking, limits, and card freezing. 

Plus, save on foreign exchange with rates based on mid-market prices and tools to handle currency swings.

Need help? Statrys offers real human support via email, phone, WhatsApp, and WeChat. There's also the 24/7 chatbot for quick assistance.

Below is a summary of Statrys’ services.