Airwallex, an Australian payment firm, has announced plans to invest approximately 200 million euros (around $233.64 million) in the Netherlands over the next five years. This move marks a significant shift in the company's strategy as it expands its operations beyond its core Asia-Pacific market. The investment will support the growth of its Amsterdam office, where Airwallex intends to increase its workforce by 60%, bringing the total number of employees to about 70 by the end of 2026. Founded in 2015, Airwallex provides a global payments platform that facilitates international transactions for businesses. The company allows clients to send and receive payments, maintain multi-currency accounts, and process online transactions. Airwallex gained early backing from Tencent, a major Chinese internet company, raising $13 million in a Series A funding round in 2017. This latest investment underlines Airwallex's commitment to expanding its footprint in Europe as it aims to tap into new markets and grow its client base.