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Latest / Business Strategy Talks with Fexingo: Competitive Advantage, Market Positioning, and Growth Planning

How Airwallex Built a Moat on Cross-Border Payments Infrastructure

In this episode of Business Strategy Talks, Lucas and Luna unpack how Airwallex—a fintech unicorn founded in Melbourne—built a durable competitive advantage in cross-border payments. They trace its origins as a solution to the founders' own pain point with international transaction fees, and explain how Airwallex's moat rests on proprietary payment rails, local licenses in dozens of countries, and a 'build vs. buy' philosophy that created infrastructure competitors cannot easily replicate. The conversation covers the network effects that accrue as more merchants and…

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