Airwallex, a global payments and financial platform, has successfully raised $300m in a Series F funding round, elevating its valuation to $6.2b. This funding includes $150min secondary transactions and brings the company’s total funding to over $1.2b. The investment will be used to expand Airwallex’s infrastructure into new markets such as Japan, Korea, the UAE, and Latin America, whilst accelerating growth in Europe, North America, and Southeast Asia.
The funding round saw participation from prominent investors including Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and Visa Ventures. Jack Zhang, co-founder and CEO of Airwallex, stated, “The global financial system wasn’t built for today’s borderless economy. At Airwallex, we’re building a new foundation for the global economy – one that’s fast, seamless, and built for scale.”
Airwallex has experienced rapid growth, with its annualised revenue reaching $720m in March 2025, marking a 90% increase year-over-year. The company now supports over 150,000 businesses globally and processes more than $130b in annualised payment volume. It anticipates hitting $1b in annual run rate revenue by the end of 2025.
The company’s proprietary global network allows customers to generate local account numbers in over 60 countries and move funds across more than 150 markets, with 95% of transactions settled within hours. This expansion is set to redefine global banking, providing businesses with the tools to operate seamlessly across borders.
“`