Originally founded in 2011 under the name MessageBird, Bird provides organizations with API-driven CRM solutions for sales, marketing, and payment processing. As of right now, the company claims to have processed over 5 trillion messages annually via WhatsApp, SMS, and e-mail.

The Dutch company claims it teamed with Airwallex because its outdated systems were unable to manage the influx and outflow of several currencies across its many operational entities, leading to a "fragmented operating system." The company recently put out a request for new acquisitions.

The firm specifically reports that it had many problems with the "creation and approval of supplier payments and reconciliation with Bird's accounting software."

The two companies have been collaborating through their new alliance to provide Bird's financial staff more consistency, speed, and thorough reconciliation.

Furthermore, Bird has chosen to power its internal foreign currency engine and issuance solution with Airwallex and its worldwide payments and banking infrastructure.

It is stated that Bird has been able to "consolidate its financial operations" across several currencies and businesses into a single platform as a result of the successful partnership.

Robert Vis, the founder and CEO of Bird, has confirmed that the firms are actively looking into potential future collaborations, saying, "We are continuing to explore more opportunities to leverage the Airwallex product."

Airwallex, a Singapore-based company that was founded in 2015 in Melbourne, Australia, provides businesses with integrated finance and payments solutions in addition to a range of treasury and spend management tools.

By acquiring the Mexican paytech company MexPago last year, the fintech widened its market to include Latin America.