Payments company Airwallex has closed a Series F investment round, securing $300m, at a valuation of $6.2bn.
The fundraise includes $150m in secondary share transfers and takes the company’s total funding to more than $1.2bn.
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This capital will be used to extend Airwallex’s global reach and refine its software solutions for businesses.
The round saw contributions from Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and many top pension funds in Australia.
Visa Ventures has also come on board as an investor.
Airwallex CEO Jack Zhang said: “At Airwallex, we’re building a new foundation for the global economy – one that’s fast, seamless, and built for scale. This investment marks a major milestone in our journey to redefine global banking, and to empower businesses everywhere to grow without limits.”
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By GlobalDataAs of March 2025, Airwallex reported a 90% year-over-year increase in annualised revenue, reaching $720m and recorded over $130bn in global annualised payments volume.
The Americas and EMEA regions have been key growth areas for Airwallex over the last four years, with a compound annual growth rate (CAGR) of more than 250% in gross profit.
Airwallex has established a US headquarters in San Francisco and opened offices in New York and Toronto.
After the acquisition of a payment institution licence in Brazil and the pending acquisition of MexPago in Mexico, Airwallex is set to expand in Latin America.
In Europe, the company has opened a new office in Paris and made hires in London and Amsterdam, while in Middle East, it has initiated operations in the UAE and Israel.
The latest funds will support Airwallex’s market expansion into Japan, Korea, the UAE, and Latin America, and bolster its presence in Europe, North America, and Southeast Asia.
Airwallex has developed a global financial infrastructure with direct integrations into local clearing systems and card networks, holding a licencing portfolio in the fintech sector.
This infrastructure allows customers to generate local account numbers in over 60 countries and transact in more than 150 countries.
The company offers services including multi-currency accounts, payment processing, spend management, and financial services via API.
In March, Airwallex agreed to acquire CTIN Pay, a licenced Intermediary Payment Service company in Vietnam.
