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

0
7χλμ.

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

Προωθημένο
Αναζήτηση
Προωθημένο
Κατηγορίες
Διαβάζω περισσότερα
Networking
Nokia Zero 5G 2025 Specs: 108MP Cameras, 8000mAh Battery!
The Nokia Zero 5G 2025 is going to hit the market soon! Notably, this phone comes with unique...
από Ifvex 2025-02-13 16:40:27 0 15χλμ.
Networking
Maybank sees stable-to-improving competition in the mobility segment in Indonesia and Singapore
Maybank Investment Bank said Wednesday that it sees stable-to-improving competition in the...
από Ifvex 2025-05-30 04:35:49 0 6χλμ.
Networking
Maybank foresees positive synergy from potential Grab-Gojek merger
Maybank Investment Bank said Thursday that the potential merger deal between Grab and Gojek could...
από Ifvex 2025-02-06 13:27:04 0 10χλμ.
άλλο
CoKeeps, Maybank Trustees forge partnership on blockchain-powered custodial and asset management solutions
CoKeeps Sdn Bhd, a Malaysia-based blockchain infrastructure company, and Maybank Trustees Berhad,...
από Ifvex 2025-05-20 11:43:29 0 9χλμ.
Causes
SOLS Foundation empowers 1,100 educators, 5,600 students through Malaysia’s first AI and cybersecurity program for TVET
More than 1,100 technical and vocational education and training (TVET) educators and 5,600...
από Ifvex 2025-06-09 04:23:32 0 6χλμ.
Ifvex https://ifvex.com