Global payments company Airwallex is partnering with Public to reduce conversion costs for UK investors purchasing US-based equities.
In brief:
-The partnership will combine Airwallex’s financial infrastructure and global payment capabilities to create a “frictionless experience” for Public customers.
-Airwallex’s API will ease the conversion process for users moving between GBP and USD to invest in US stocks, making it simpler for UK users to access American markets.
-US investing company Public went live in the UK two months ago in its first move outside the country.
What does this mean?
“Partnering with Airwallex has allowed Public to take the first step toward growing from a US-based-investment platform to a global one, aligning with our mission of making public markets work for all people,” Public international GM Dann Bibas said.