Airwallex secures majority ownership of PT Skye Sab Indonesia
Indonesian merchants wanting to expand overseas can now do so via Airwallex.
Airwallex has acquired majority ownership of PT Skye Sab Indonesia, enabling Airwallex to facilitate international businesses’ entry into Indonesia.
Indonesian merchants looking to expand overseas tap into Airwallex’s global financial infrastructure, according to a press release.
PT Skye Sab Indonesia is a PJP (Penyedia Jasa Pembayaran) Category 1 license holder, authorised by the central bank to conduct four core payment activities: management of sources of funds services; provision of information on sources of funds; payment initiation as well as acquiring services; and remittance services.
The acquisition expands Airwallex’s existing presence in major Asia Pacific markets, which includes Australia, China, Hong Kong, Japan, Malaysia, New Zealand, South Korea, Singapore, and Vietnam.
Earlier in 2025, Airwallex raised US$330m in a Series G funding round.