Airwallex, a global payments and financial platform, has secured $300 million in a Series F funding round, lifting its valuation to $6.2 billion and further solidifying its position as one of the world’s most valuable Fintechs.
The round includes $150 million in secondary share sales and brings the company’s total funding to over $1.2 billion.
Existing investors Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, and Salesforce Ventures participated in the latest round, alongside new strategic investor Visa Ventures and several top Australian pension funds.
The company said the fresh capital will be used to expand its financial infrastructure into new geographies, scale its proprietary software, and accelerate go-to-market efforts across Europe, North America, Latin America, and Southeast Asia.
“This investment marks a major milestone in our journey to redefine global banking,” said Jack Zhang, co-founder and CEO of Airwallex. “We’re building a foundation for a borderless economy, where businesses can grow without limits.”
Founded in Melbourne and now headquartered in San Francisco, Airwallex has experienced rapid global expansion.
In 2024, the company grew its customer base by 50% to 150,000 businesses, achieved $720 million in annualized revenue—a 90% year-over-year increase—and processed over $130 billion in global payment volume.
It expects to hit a $1 billion run-rate revenue by year-end 2025.
Airwallex has deepened its presence across major regions: opening new offices in New York, Toronto, Paris, and securing regulatory licenses in Brazil and Mexico through the acquisition of local payments firm MexPago. In the Middle East, it made strategic hires in Abu Dhabi, Dubai, and Israel.
Its infrastructure, built from the ground up with direct connections to local clearing systems and card networks, enables businesses to generate local account numbers in over 60 countries and move money across 150+ markets more efficiently than traditional banks.
The company said upcoming market expansions include Japan, South Korea, the UAE, and broader Latin America, as it continues to redefine cross-border finance for the digital age.
