Airwallex Secures $300M Funding to Revolutionize Global Payments in FinTech
Airwallex, a leading global financial platform for modern businesses, has successfully completed a Series F funding round, raising an impressive $300 million. This latest investment pushes the company’s total funding to over $1.2 billion and values Airwallex at $6.2 billion. This significant funding round includes both primary capital and $150 million in secondary share transfers, showcasing strong investor confidence.
Investor Confidence in Airwallex
This funding round saw participation from notable investors such as Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and Visa Ventures. Additionally, several prominent Australian pension funds have also contributed to this round.
Airwallex’s Growth and Expansion Plans
Founded in Melbourne, Airwallex has made a name for itself in the FinTech sector by providing robust cross-border financial infrastructure and services. Its core offerings allow businesses to:
- Transfer money globally through a tailored network.
- Integrate directly with local clearing systems and card networks.
- Create local accounts in over 60 countries.
- Process transactions in more than 150 markets.
Utilizing New Capital for Global Expansion
The company intends to leverage this new capital to further expand into strategic markets including Japan, Korea, the UAE, and Latin America. Furthermore, Airwallex aims to enhance its go-to-market operations across Europe, North America, and South East Asia, while continuing to improve its financial infrastructure and software solutions.
Financial Performance and Projections
Airwallex has experienced remarkable growth, reporting an annualized revenue of $720 million as of March 2025, reflecting a staggering 90% increase year-on-year. The company anticipates reaching a revenue run rate of $1 billion this year and currently supports over 150,000 businesses worldwide. Notably, its gross profit in the Americas and Europe has surged at a compound annual growth rate (CAGR) of over 250% over the past four years.
Vision for the Future
Jack Zhang, co-founder and CEO of Airwallex, expressed his vision: “The global financial system wasn’t built for today’s borderless economy. Many businesses struggle due to outdated infrastructure that is slow and costly. At Airwallex, we’re constructing a new foundation for the global economy—one that is fast, seamless, and scalable. This investment signifies a pivotal moment in our mission to redefine global finance and empower businesses worldwide to grow without limits.”
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