Airwallex, a global payments and financial platform, has raised $300 million in its Series F funding round, bringing its total value to $6.2 billion.
The company said on Wednesday that $150 million of the funding came from existing shares being sold to new investors.
The new investment, which brings Airwallex’s total funding to over $1.2 billion, came from investors like Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and major pension funds in Australia.
Airwallex will use the new funding to grow its operations in more countries and keep improving its software, making it easier for businesses to work from anywhere in the world.
“The global financial system wasn’t designed for the modern, borderless world we live in today.”
Too many businesses are held back by legacy infrastructure that’s slow, costly, and fragmented,” said Jack Zhang, Co-founder and Chief Executive Officer of Airwallex.
At Airwallex, we’re creating a new system for the global economy that’s fast, easy to use, and ready to grow with businesses.
“This investment marks a major milestone in our journey to redefine global banking and to empower businesses everywhere to grow without limits,” he added.
In March 2025, Airwallex reached $720 million in yearly revenue, which is 90% more than the previous year. It also handled over $130 billion in global payments over the year.
In 2024, the company increased its customers by 50% and now supports 150,000 businesses worldwide.
In 2025, Airwallex expects to hit $1 billion in annual run rate revenue.
Over the past four years, Airwallex has grown quickly in the Americas and the EMEA region (Europe, the Middle East, and Africa). In both areas, its average profits have increased by more than 250% each year.
In 2024, Airwallex opened its permanent U.S. headquarters in San Francisco and launched new offices in New York and Toronto.
After getting a license to operate in Brazil and approval to buy MexPago, a payment company in Mexico, Airwallex is now ready to start offering its services in the two biggest economies in Latin America, the company said.
Airwallex will use the funding to keep growing its financial services in new markets like Japan, Korea, the UAE, and Latin America. It will also speed up its efforts to expand in Europe, North America, and Southeast Asia.
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