What is Airwallex?
Airwallex is a prominent global financial platform designed for modern businesses, aiming to revolutionize international banking for a borderless, real-time, and intelligent economy. Companies across various scales, from startups to large enterprises, leverage Airwallex for managing cross-border financial operations and for embedding financial services through its robust infrastructure. Established in Melbourne and now co-headquartered in San Francisco and Singapore, Airwallex operates with a comprehensive suite of global licenses. Its product offerings include payment acceptance, billing, global accounts, corporate cards, and spend management solutions, all supported by a regulated and extensive financial network.
How much funding has Airwallex raised?
Airwallex has raised a total of $1.7B across 10 funding rounds:
Series A
$13M
Private Equity
$6M
Series B
$80M
Series C
$100M
Series D
$100M
Series E
$400M
Series F
$300M
Series G
$330M
Series H
$320M
Series A (2017): $13M led by Mastercard, Sequoia Capital, and Tencent Holdings
Private Equity (2017): $6M supported by Gobi Ventures, Mastercard, Square Peg, Sequoia China, and Tencent
Series B (2018): $80M featuring Steamboat Ventures, Central Capital Ventura, Horizons Ventures, Square Peg Capital, Tencent, and Hillhouse Capital Group
Series C (2019): $100M backed by Sequoia Capital China, DST Global, Gobi Partners, Square Peg Capital, Tencent, Horizons Ventures, and Hillhouse Capital Group
Series D (2021): $100M with participation from ANZi, Grok Ventures, and Greenoaks
Series E (2022): $400M led by Lone Pine Capital, Sequoia Capital, and Tencent
Series F (2025): $300M supported by Lone Pine Capital, Blackbird Ventures, Visa, SquarePeg, Airtree, Salesforce, and DST Global
Series G (2025): $330M featuring Robinhood, Addition, and T. Rowe Price
Series H (2026): $320M backed by T. Rowe Price, Hummingbird Ventures, Washington University in St. Louis, Addition, American Express, QED Investors, and Baillie Gifford
Key Investors in Airwallex
T. Rowe Price
Founded in 1937, T.Rowe Price Group is an investment management firm providing services to individuals and institutional investors, launching and managing equity and fixed income mutual funds globally. They are headquartered in Baltimore, Maryland.
Hummingbird Ventures
Hummingbird VC is a global seed investment fund that focuses on investing in outlier founders at the earliest stages of their ventures, providing significant support throughout the lifecycle of the companies they back. They emphasize a partnership approach with ambitious founders.
American Express
American Express is a global financial services organization specializing in payment solutions and travel services for consumers and businesses, operating a comprehensive ecosystem of charge and credit card products and network services.
What's next for Airwallex?
The substantial enterprise-level funding and major strategic investments indicate Airwallex is poised for significant expansion and innovation. This capital infusion will likely fuel further development of its global financial infrastructure, enhance its product suite, and support its strategic market penetration. The company's trajectory suggests a continued focus on empowering businesses with seamless international financial management, potentially leading to new service offerings and deeper integration into the global commerce ecosystem.
See full Airwallex company page
