Airwallex Completes $300 Million Series F Funding
- Business Companies Funding World
Global Business Magazine- 4 minutes read
Airwallex, a leading global payments and financial platform for modern businesses, on Wednesday said that it has completed a $300 million Series F funding round at a $6.2 billion valuation. The round includes $150 million in secondary share transfers.
The new investment, which brings Airwallex’s total funding to more than $1.2 billion, includes Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and several leading pension funds in Australia.
Visa Ventures also joined as a strategic investor. Airwallex will use the additional capital to expand its global infrastructure into new markets and continue refining and scaling the software that empowers businesses to operate anywhere, anytime.
Airwallex co-founder and CEO Jack Zhangsaid that the global financial system wasn’t built for present day’s borderless economy.
“Too many businesses are held back by legacy infrastructure that’s slow, costly, and fragmented. At Airwallex, we are 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,” he said.
Rapid growth
In March 2025, Airwallex achieved $720 million in annualised revenue, up 90% y-o-y, and exceeded $130 billion in global annualised payments volume. The company grew its customer base by 50% in 2024 – now serving 150,000 businesses worldwide. In 2025, Airwallex expects to hit $1 billion in annual run rate revenue.
Airwallex has seen accelerated growth in the Americas and EMEA regions over the past four years, with gross profit growing at a CAGR of more than 250% in both regions. In 2024, Airwallex moved into a permanent US headquarters in San Francisco and recently opened new offices in New York and Toronto.
Following the receipt of a payment institution license in Brazil and approval to close its acquisition of MexPago, a Mexico-based payment service provider, Airwallex is poised to launch services in Latin America’s two largest economies.
In Europe, Airwallex recently opened a new office in Paris and made senior hires in London and Amsterdam. In the Middle East, Airwallex made its first hires in the UAE, in both Abu Dhabi and Dubai, and continued to grow strongly in Israel.
Airwallex will use the funding to continue expanding its financial infrastructure into new markets including Japan, Korea, the UAE, and Latin America, and to accelerate go-to-market efforts in Europe, North America, and South East Asia.
Global Financial Infrastructure
As part of its commitment to building the future of global banking, Airwallex has built a tech-led global financial infrastructure from the ground up, with direct integrations into local clearing systems and card networks, and one of the most comprehensive licensing portfolios in fintech.
This proprietary network gives Airwallex’s customers the unique ability to instantly generate local account numbers in 60+ countries and to send and receive funds across more than 150 countries, faster and more efficiently than traditional banks. Today, 95% of Airwallex transactions arrive within a few hours or the same day – 68% are processed instantly.
