Airwallex’s jump in valuation to $11 billion was driven by both growth in its core payments business and investor confidence in its artificial intelligence strategy, Arnold Chan, the company’s general manager for Asia-Pacific, told Crowdfund Insider.
The global payments and financial platform raised $320 million in a Series H funding round led by existing investor Addition, lifting its valuation from $8 billion in December 2025.
“The valuation reflects both,” Chan said. “First, it’s underpinned by the strength of our core business.”
Airwallex reached $1.3 billion in annualised revenue in March 2026, up 74% year on year, while transaction volume grew more than 120%. The company now serves more than 676,000 businesses globally.
Chan said the new funding also reflects investor confidence in Airwallex’s ability to combine regulated financial infrastructure with AI-native software.
“AI is lowering the barriers to building global businesses, but those businesses still need trusted financial infrastructure underneath them,” he said.
Airwallex said the round was joined by Baillie Gifford, Hummingbird, QED Investors, T. Rowe Price, Hedosophia, Haun Ventures, Washington University in St. Louis and Amex Ventures.
The company plans to use the fresh capital to accelerate product development in autonomous finance and agentic commerce, expand its infrastructure and regulatory footprint, and scale teams working on AI-native financial software.
Airwallex has launched two new AI-focused products: T:0, a platform designed to automate bookkeeping, forecasting, taxes, compliance, and reporting; and Airi, a wallet infrastructure product for agentic commerce.
Chan said Asia-Pacific remains one of Airwallex’s biggest priorities, with continued investment planned across markets including Japan and South Korea, as well as high-growth markets in Southeast Asia.
“Our focus isn’t simply to enter more countries, but to become the financial platform businesses rely on as they grow internationally,” he said.
Founded in Melbourne in 2015, Airwallex holds more than 85 licences and has 160 local payment network integrations across more than 200 countries and territories. The company is co-headquartered in San Francisco and Singapore.
