Moss, a frontrunner in B2B spend management solutions, has partnered with Airwallex, a global leader in payments and financial technology, to embed advanced global bank transfer capabilities and expand its operational scope. This strategic collaboration aligns with Moss’s vision of driving international growth and providing businesses with streamlined payment solutions.
To enhance its Bill Pay product, Moss sought broader payment coverage and support for multiple currencies. Through Airwallex’s robust financial infrastructure, Moss introduced ‘Pay with Moss’, a feature that allows businesses to initiate global bank transfers directly from Moss’s platform. This addition simplifies procure-to-pay and employee reimbursement workflows, delivering an end-to-end payment solution.
Airwallex offers a suite of financial tools, including fund-holding accounts, card payment processing, and seamless domestic and international bank transfers. Moss customers can now top up their wallets, transfer funds to suppliers, and access Airwallex’s currency conversion feature to secure competitive foreign exchange rates. These enhancements enable Moss to serve businesses across its nine European markets with greater flexibility and efficiency.
Stephan Haslebacher, COO of Moss, expressed his enthusiasm:
“Airwallex has been transformative for our customers and operations. Its extensive payments coverage, embedded finance capabilities, and flexible solutions allow us to offer integrated and efficient payment processes. This partnership has elevated our ability to handle diverse payments and currency exchanges across various markets seamlessly.”
The partnership addresses critical pain points identified in Airwallex’s recent Spend Management Report, which revealed that 95% of UK finance leaders face challenges managing global spending due to fragmented tools and manual processes. Furthermore, 68% reported using disparate systems for regional spend management, highlighting the need for an integrated solution.
Through its collaboration with Airwallex, Moss has significantly upgraded its spend management capabilities. Key features include global accounts, favorable FX rates, and local payouts worldwide.
Ryan O’Holleran, Head of Sales, Enterprise, EMEA at Airwallex, commented:
“Global payment management is increasingly complex, and businesses need solutions that simplify operations. At Airwallex, we’re dedicated to enabling flexibility and efficiency for our clients. Partnering with Moss allows us to further transform international business operations, and we’re thrilled to support Moss’s growth globally.”
Founded in Berlin, Moss specializes in optimizing spend management for small and medium-sized enterprises (SMEs). With over 350,000 issued cards, the company is now well-positioned to scale its operations and expand its international presence.
This partnership marks a pivotal step in redefining global spend management, empowering businesses to operate seamlessly across borders.
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