Airwallex’s $6.2B valuation soars with $300M Series F backing

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Airwallex, the global payments and financial platform, has completed a $300 million Series F funding round at a $6.2 billion valuation.

The firm said in a statement on Wednesday that the round includes $150 million in secondary share transfers.

The new investment, which brings Airwallex’s total funding to more than $1.2 billion, includes Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and several leading pension funds in Australia.

Visa Ventures also joins as a strategic investor.

Airwallex will use the additional capital to expand its global infrastructure into new markets and continue refining and scaling the software that empowers businesses to operate anywhere, anytime.

“The global financial system wasn’t built for today’s borderless economy,

“Too many businesses are held back by legacy infrastructure that’s slow, costly, and fragmented,” said Jack Zhang, Co-founder and Chief Executive Officer of Airwallex.

“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,” he added.

In March 2025, Airwallex achieved $720 million in annualized revenue, up 90 percent year-over-year, and exceeded $130 billion in global annualized payments volume.

The company grew its customer base by 50 percent in 2024 – now serving 150,000 businesses worldwide.

In 2025, Airwallex expects to hit $1 billion in annual run rate revenue.

Airwallex has seen accelerated growth in the Americas and Europe, the Middle East and Africa (EMEA) regions over the past four years, with gross profit growing at a compound annual growth rate (CAGR) of more than 250 percent in both regions.

In 2024, Airwallex moved into a permanent U.S. headquarters in San Francisco and recently opened new offices in New York and Toronto.

Following the receipt of a payment institution license in Brazil and approval to close its acquisition of MexPago, a Mexico-based payment service provider, Airwallex is poised to launch services in Latin America’s two largest economies, said the statement.

In Europe, Airwallex recently opened a new office in Paris and made a series of senior hires in London and Amsterdam.

In the Middle East, Airwallex made its first hires in the United Arab Emirates – in both Abu Dhabi and Dubai – and continued to grow strongly in Israel.

Airwallex will use the funding to continue expanding its financial infrastructure into new markets including Japan, Korea, the United Arab Emirates (UAE), and Latin America, and to accelerate go-to-market efforts in Europe, North America, and Southeast Asia.

As part of its commitment to building the future of global banking, Airwallex has built a tech-led global financial infrastructure from the ground up, with direct integrations into local clearing systems and card networks, and one of the most comprehensive licensing portfolios in fintech.

This proprietary network gives the firm’s customers the unique ability to instantly generate local account numbers in 60+ countries and to send and receive funds across more than 150 countries, faster and more efficiently than traditional banks.

Beyond sending and receiving funds, Airwallex’s infrastructure gives customers a comprehensive platform to manage their business in multiple markets and currencies.

 

#GlobalBanking #FintechExpansion #CrossBorderPayments #StartupFunding #DigitalInfrastructure

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