Airwallex, a global payments platform is reporting steady growth in its UK division, driven by an uplift in the volume and value of deals.
Revenue in the first half of 2025 grew “by 109% versus the same period last year – higher than the growth levels seen in more established Airwallex markets such as Australia and Singapore.”
This growth is said to be driven by a significant “increase in the number of high-growth SMB (small and medium-sized businesses) customers being signed up, and higher value deals across products that are going live quicker – particularly businesses with global customer bases and operations such as travel, software and e-commerce verticals.”
As the company continues to scale operations and grow its customer base, it is also expanding its local team, which has “increased 35% YoY and is now well over 100-strong.”
The London office is the regional headquarters for Airwallex across Europe, EMEA, and has “outgrown its current office in Holborn, necessitating a move into a new, larger office space in Fitzrovia.”
The new office will occupy the “first floor of the Wells & More building on Mortimer Street, and at over 16,000 sq ft is more than double the size of the existing space.”
The building will feature a ‘shifted perspective’ sculpture of McLaren F1 team driver Lando Norris, which was “created for Airwallex by 3D perceptual shift artist, Michael Murphy, to symbolise the powerful role that perception plays in driving success.”
Airwallex is a global partner “with McLaren Racing, and also recently announced a second global partnership, with Arsenal Football Club.”
The business is reportedly in advanced planning to “launch a number of new products in-market in the coming months, such as Yield and other products.”
Kai Wu, Chief Revenue Officer at Airwallex:
“The UK continues to be one of Airwallex’s fastest-growing markets globally. The surge in demand for our platform shows that businesses here are looking for alternatives to traditional banking and payments infrastructure.”
Since launching in the UK in 2019, Airwallex has built relationships with SMBs, as well as large Enterprise customers “such as Bolt, CarWow and Bird, offering borderless financial infrastructure including global accounts, international payments, corporate cards, and spend management tools.”
The UK growth stats come weeks “after the business was valued at $6.2 billion in a Series F announcement, and brings Airwallex’s total funding to more than $1.2 billion, from investors such as Visa Ventures, Salesforce Ventures, Square Peg, DST Global and Lone Pine Capital.”
As covered, Airwallex is a financial platform building global banking services for modern businesses.
By combining infrastructure with software and AI, Airwallex is helping businesses “manage accounts, access capital, control spend, and embed financial services.”
Designed to replace fragmented, legacy systems, Airwallex offers a platform for financial operations – providing “everything from multi-currency business accounts to payments to spend management and embedded financial products.”
Founded in Melbourne and used by businesses worldwide – including TikTok, Rippling, Navan, Qantas, and SHEIN – Airwallex is enabling global banking without borders.