Airwallex has raised US$300 million in a Series F funding round, pushing the fintech firm’s valuation to US$6.2 billion.
The round includes US$150 million in secondary share sales and brings Airwallex’s total funding to over US$1.2 billion.
Investors include Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and Visa Ventures, along with several Australian pension funds.
The company plans to use the capital to expand into new markets and further develop its proprietary global financial infrastructure, which integrates directly with local clearing systems and card networks and is supported by an extensive licensing portfolio.
This includes growth efforts in Japan, Korea, the UAE, and Latin America, while accelerating go-to-market strategies in Europe, North America, and Southeast Asia.
Airwallex reported US$720 million in annualised revenue as of March 2025, a 90% increase from the previous year.
It expects to reach US$1 billion in annualised revenue by year-end.
The company also processed over US$130 billion in global payments volume and saw a 50% increase in its customer base in 2024, now serving 150,000 businesses worldwide.
Its operations in the Americas and Europe have seen strong momentum, with gross profit in both regions growing at a compound annual rate of over 250% over four years.
In 2024, Airwallex opened a U.S. headquarters in San Francisco and new offices in New York and Toronto.
It also expanded its presence in Europe and the Middle East, including offices in Paris and new hires in the UAE and Israel.
The firm recently secured regulatory approvals in Brazil and Mexico as part of its Latin American expansion.
“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.
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.”
said Jack Zhang, Co-founder and CEO of Airwallex.
Airwallex provides businesses with financial tools such as multi-currency accounts, global payment solutions, and spend management services.
Its infrastructure supports local account creation in over 60 countries and enables fund transfers to more than 150 markets, with the majority processed within hours or the same day.
