Global payments and financial platform, Airwallex has now brought its total funding to $1.2billion following the latest $300million Series F funding round, including $150million in secondary share transfers. The latest funding will be used to expand its global infrastructure into new markets and continue refining and scaling the software that empowers businesses to operate anywhere, anytime.
Valued at $6.2billion, the latest Airwallex investors now include several pension funds in Australia in addition to:
- Square Peg
- DST Global
- Lone Pine Capital
- Blackbird
- Airtree
- Salesforce Ventures
- Visa Ventures
The road to success
In March 2025, Airwallex achieved $720million in annualised revenue, up 90 per cent year-over-year, and exceeded $130billion in global annualised payments volume. The company grew its customer base by 50 per cet in 2024 – now serving 150,000 businesses worldwide. In 2025, Airwallex expects to hit $1billion in annual run rate revenue.
Regional success
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 per cent 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
Airwallex invests in Latin America growth with Brazil and Mexico entries, 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 a series of senior hires in London and Amsterdam. In the Middle East, Airwallex made its first hires in the United Arab Emirates – 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 Southeast Asia.
Global financial infrastructure to power the future of banking
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 over 60 countries and to send and receive funds across more than 150 countries, faster and more efficiently than traditional banks. Ninety-five per cent of Airwallex transactions arrive within a few hours or the same day – 68 per cent are processed instantly.
“The global financial system wasn’t built for today’s borderless economy,” said Jack Zhang, co-founder and CEO of Airwallex. “Too many businesses are held back by legacy infrastructure that’s slow, costly, and fragmented. 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.”
