Airwallex, a global fintech platform powering cross-border financial services, has raised $300 million in Series F funding, pushing its valuation to $6.2 billion as it aims to reshape the future of global banking.
The round, which includes $150 million in secondary share sales, brings the company’s total funding to over $1.2 billion.
The investment was backed by existing and new investors, including Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, Visa Ventures, and major Australian pension funds.
Proceeds will be used to extend Airwallex’s infrastructure into new markets such as Japan, Korea, the UAE, and Latin America, while deepening its footprint in North America, Europe, and Southeast Asia.
The company is on track to reach $1 billion in annualized revenue in 2025, up from $720 million in March 2025. Payment volume has crossed $130 billion annually, while customer growth surged 50% in 2024, reaching 150,000 businesses globally.
Founded in Melbourne, Airwallex has expanded aggressively across the Americas, EMEA, and Asia-Pacific, growing gross profit at a 250% CAGR in the West over the past four years.
The firm has secured a payment license in Brazil and is finalizing its acquisition of Mexico’s MexPago, anchoring its Latin American expansion.
With one of the broadest licensing portfolios in fintech and deep integrations into global clearing systems and card networks, Airwallex enables clients to send and receive funds in 150+ countries—95% of which arrive within hours or the same day.
Airwallex offers services ranging from multi-currency accounts, global payments, expense management, and embedded finance APIs, positioning itself as a critical infrastructure provider for modern, borderless business.
Business News Asia