Airwallex raises $330m in Series G at $8b valuation

Airwallex raises $330m in Series G at $8b valuation

Airwallex co-founder Jack Zhang. Source: Airwallex.

Airwallex, a global payments and financial platform for businesses, announced raising $330 million in a Series G funding round that values the company at $8 billion.

The round was led by Addition and backed by T. Rowe Price Associates, Activant, Lingotto, Robinhood Ventures, and TIAA Ventures, Airwallex said. The valuation is about 30% higher than its Series F six months ago, the company added.

In May, Airwallex raised $300 million in a Series F funding round, which includes $150 million worth of secondary share transfers.

Airwallex reported annualised revenue exceeding $1 billion in October, up 90% from a year earlier; and annualised transaction volume of more than $235 billion, which it said was double year-on-year. Around half of its customers now use multiple products.

Airwallex, founded in 2015 and now based in Singapore, said it will make San Francisco a second global headquarters alongside its base, placing more product, engineering, partnerships, and go-to-market staff in the Bay Area.

The company said it plans to deploy more than $1 billion from 2026 to 2029 to expand its US operations, including hiring and marketing. It aims to double US headcount to more than 400 employees over the next 12 months and is expanding its San Francisco office space.

The fintech unicorn moved into its US headquarters in San Francisco in 2024, together with opening new offices in New York and Toronto in Canada.

The firm said it holds about 80 licences and permits globally, enabling merchants to operate in more than 200 countries and regions, and that it expanded regulated operations and launched products in 12 markets in 2025, including France, the Netherlands, Israel, Canada, Japan, Malaysia, Vietnam, Brazil, Mexico and the UAE.

Previously, the firm secured a total of $400 million through a Series E round announced in September 2021 and Series E extension round announced in October 2022, which counted backing from Lone Pine Capital, Square Peg, Salesforce Ventures, and Sequoia Capital China (which is now known as HongShan), among others.

Edited by: Joymitra Rai

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