Airwallex Raises US$100M in Series D Funding at US$2.6 Billion Valuation


Airwallex, a Melbourne, Australia-based global fintech payment platform, raised US$100m in a further Series D extension at a valuation of US$2.6 billion.

The round, which brought total funding raised to date to nearly US$500m, has been led by Greenoaks with participation from Grok Ventures, Skip Capital and ANZi Ventures.

The company intends to use the funds to further accelerate global expansion, explore new partnerships and continue with product and engineering innovation.

Led by Jack Zhang, Co-founder and CEO, Airwallex is a global fintech payment platform for businesses of all sizes to manage payments, treasury and expenses internationally. In 2020, the company continued to broaden its suite of products and applications, including multi-currency debit cards with Visa (enabling businesses to pay suppliers with ease and offer expense cards to employees), a bank feed integration with Xero, an SMB rewards program, and online payment acceptance capabilities. Today, Airwallex operates with a team of over 600 employees across 12 global offices.