Airwallex is a global payments and financial technology platform designed to eliminate the inefficiencies and costs of traditional banking systems, empowering entrepreneurs to grow their businesses internationally. The platform offers an all-in-one solution that covers payments, treasury operations, spend management, and embedded finance. Airwallex’s mission is to enable entrepreneurs, creators, and business leaders to access new opportunities and scale seamlessly across global markets.
Airwallex has raised $300 million in a Series F funding round, valuing the company at over $6 billion. Of the $300 million raised, $150 million was in secondary share transfers, cashing out earlier investors. The new investment, which brings Airwallex’s total funding to more than $1.2 billion, includes Square Peg, DST Global, Lone Pine Capital, Airtree, Salesforce Ventures, and several leading pension funds in Australia. Visa Ventures also joins as a strategic investor.
Airwallex, headquartered in Melbourne, Victoria, Australia, was founded in 2015 by Jack Zhang, Jacob Dai, Lucy Yueting Liu, and Max Li. In 2019, the company joined the unicorn club. “The global financial system wasn’t built for today’s borderless economy,” said Jack Zhang, co-founder and CEO of Airwallex. “Too many businesses are held back by legacy infrastructure that’s slow, costly, and fragmented. At Airwallex, we’re building a new foundation for the global economy – one that’s fast, seamless, and built for scale. This investment marks a major milestone in our journey to redefine global banking, and to empower businesses everywhere to grow without limits.”
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