Airwallex has secured $300 million in Series F funding, bringing its total raised to over $1.2 billion and pushing its valuation to $6.2 billion. The round includes $150 million in secondary share sales and features a powerhouse of investors: Visa Ventures, Square Peg, DST Global, Lone Pine Capital, Airtree, Blackbird, Salesforce Ventures, and top Australian pension funds.
The funding will fuel Airwallex’s mission to scale its global payments network and financial infrastructure, enabling businesses to operate across borders without the burden of legacy systems. With fresh capital in hand, the fintech plans to enter new markets and continue improving its platform for international business payments, treasury, and spend management.
Airwallex was born out of frustration. Its founders once ran a Melbourne café and faced painful fees while importing coffee beans from China. A $10,000 transaction carried a 4.5% fee — a cost they found unacceptable. That firsthand struggle sparked a bigger vision: reimagine cross-border payments and financial services for modern businesses.
A Platform Designed for a Borderless Economy
Since its founding in 2015, Airwallex has built its own proprietary infrastructure, bypassing slow, expensive traditional banking rails. The result? Businesses can now send and receive money faster and cheaper — and do so in over 150 countries. The platform generates local bank account numbers in 60+ countries, enabling global transactions that settle within hours, sometimes instantly. Today, 95% of Airwallex’s transfers are same-day, with 68% processed instantly.
Its product suite goes far beyond payments. Airwallex offers multi-currency business accounts, real-time expense tracking, smart corporate cards, and integrations with major accounting software like Xero, QuickBooks, and NetSuite. Companies can issue cards, manage bills, and streamline operations across currencies — all from one AI-enhanced dashboard.
The platform has also added support for Discover and Diners Club payments in regions like the UK, Australia, Singapore, and Hong Kong. Meanwhile, businesses in the U.S. can now access a built-in 1099-NEC tax filing tool for paying contractors. Other features, like upgraded in-app ticketing, aim to improve support at scale.
Airwallex’s powerful APIs allow tech-savvy platforms and marketplaces to embed its financial tools directly into their own products — offering banking-as-a-service without building infrastructure from scratch.
Record Growth as Demand for Modern Banking Surges
In March 2025, Airwallex hit $720 million in annualized revenue, a 90% year-over-year jump. Global payment volume passed $130 billion, and its user base grew by 50% to reach 150,000 businesses worldwide. By year-end, the company expects to cross $1 billion in run-rate revenue.
What sets Airwallex apart is its commitment to building the tech backbone of global finance. It holds one of fintech’s most comprehensive sets of licenses, has deep integrations into local clearing systems, and continues to scale rapidly — all while maintaining transparency, speed, and cost efficiency.
CEO Jack Zhang summed it up: “The global financial system wasn’t built for today’s borderless economy. Airwallex is laying the foundation for a new era — one that’s fast, scalable, and built for modern business.”
