Airwallex Raises US$300 Mln At US$6.2 Bln Valuation To Expand Global Financial Infrastructure

KUALA LUMPUR, May 22 (Bernama) -- Airwallex, a global payments and financial platform for modern businesses, has completed a US$300 million Series F funding round at a US$6.2 billion valuation. (US$1=RM4.25)

The round includes US$150 million in secondary share transfers and brings the company’s total funding to over US$1.2 billion. It drew support from existing investors including Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and several major Australian pension funds, with Visa Ventures also joining as a strategic investor.

Airwallex co-founder and chief executive officer, Jack Zhang emphasised the need for a modern financial system, stating that legacy infrastructure slows businesses down.

“At Airwallex, we are building a new foundation for the global economy – one that’s fast, seamless, and built for scale,” he said in a statement.

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.

In March 2025, Airwallex reported US$720 million in annualised revenue, a 90 per cent increase year-over-year, and expects to reach US$1 billion by the end of the year. The company also surpassed US$130 billion in annualised payments volume and grew its customer base to 150,000 businesses globally.

Growth has been especially strong in the Americas and Europe, the Middle East and Africa (EMEA), where gross profit grew at a compound annual growth rate (CAGR) of over 250 per cent over the past four years. Recent expansions include offices in San Francisco, New York, Toronto, and Paris, and new operations in the United Arab Emirates (UAE), as well as regulatory approvals in Brazil and Mexico.

The company will use its new funding to further expand into Japan, Korea, the UAE, and Latin America while accelerating go-to-market strategies in Europe, North America, and Southeast Asia.

Airwallex’s proprietary infrastructure enables businesses to open local accounts in over 60 countries and transfer funds across more than 150 countries, with 95 per cent of transactions arriving within hours and 68 per cent processed instantly.

The platform also offers global business accounts, payment processing, expense management, and embedded financial services—all designed to support companies scaling across international markets.

-- BERNAMA