Global payments fintech Airwallex has signed a multi-year partnership deal with the McLaren Formula 1 team, joining the likes of Google Cloud, Chrome, Salesforce and Dell as backers of the recently refreshed F1 cars. McLaren’s 2024 challenger, the MCL38, will be revealed on February 14 ahead of the ahead of the season opener in Bahrain this… Read more »
Airwallex, the Melbourne-born fintech unicorn, is preparing to list publicly over the next two years according to one of its cofounders. The international payments business, last valued at US$5.5 billion (A$8.5bn) when it raised US$100 million in late 2022, turns 10 next year, having raised US$902 million in the seven years since it was founded… Read more »
Global payments and financial platform, Airwallex announced senior appointments to its leadership team as they focus on expansion into 2023. Airwallex is a global financial and payment platform that helps entrepreneurs eliminate unnecessary costs and complexity associated with traditional financial systems. It offers an all-in-one platform for managing payments, treasury, and spending and is trusted… Read more »
Airwallex has raised US$100 million (A$159m) is what it dubbed a “Series E2”, while managing to avoid a down round. The Melbourne fintech held its existing US$5.5 billion (A$8.7bn) valuation in landing fresh funds from existing investors Square Peg, Salesforce Ventures, Sequoia Capital China, Lone Pine Capital, Hermitage Capital, 1835i Ventures and Tencent. Local super… Read more »
Global payments platform Visa is reportedly looking at investing in a new in Melbourne fintech Airwallex in a raise worth up to A$290 million in an additional Series E round. Bloomberg, citing anonymous sources “familiar with the matter”, reports that the deal could be done with Airwallex maintaining the A$7.6 billion (US$5.5bn) valuation it had… Read more »
Melbourne unicorn Airwallex is reportedly looking to extend its Series E round for a second time, seeking another US$150 million (A$209m) as it contemplates a public listing. Bloomberg reports the seven-year-old cross-border payments fintech is talking with several investors to close the round within months, citing unnamed insider sources. It’s just seven months since Airwallex… Read more »
Homegrown global fintech Airwallex has announced its official launch into Singapore today following its November grant of a Major Payment Institution (MPI) license by the Monetary Authority of Singapore. The approval will see Airwallex progressively introduce a suite of product and service offerings that will enable businesses in Singapore to operate and grow globally and… Read more »
Melbourne fintech Airwallex has tapped investors for another US$100 million (A$137m) just two months after raising US$200 million (A$275m). The capital-ravenous business has now raised US$400 million in just eight months, and as eager investors pile in, each round – the latest tagged “Series E1” following September’s Series E – has seen the company’s valuations… Read more »
Melbourne fintech Airwallex has tapped the market for another US$200 million (A$275m) in a series E just six months after topping up its series D round with an extra US$100 million (A$130m). The payments platform has now raised more than A$1 billion from investors. This latest raise ups Airwallex’s valuation from US$2.6bn ($3.4bn) in March to… Read more »
The co-founders of fintech unicorn Airwallex, are launching an early-stage venture capital fund to invest invest in tech startups supporting the payments platform. The fund, named Capital 49, plans to raise US$200 million (A$270m) through the Airwallex founders and other investors. Capital 49 has completed investments in two fintech firms. The VC is planning to… Read more »
Melbourne fintech Airwallex has topped up its Series D round by 50%, raising an extra US$100 million (A$130m) for a total of US$300m. The raise gives the privately owned business a new valuation of US$2.6 billion. The company is hoping to generate $100 million in revenue this year. Airwallex says the funds will be used… Read more »
Airwallex took out four major awards at the 2020 Finnies, including the top prize, Fintech Organisation of the Year and the People’s Choice Award. The company also received the Excellence in Payments award, while the Melbourne-based global unicorn’s co-founder and president, Lucy Liu, was named Emerging Fintech Leader of the Year. Airwallex and Athena Home… Read more »
Airwallex has topped up its US$160 million (AU$254m) series D raise from April with an extra US$40 million ($57m) with Skip Capital, the family investment fund run by Kim Jackson with her husband, Atlassian co-founder Scott Farquhar. Regular backer Square Peg Capital also returned for the latest cash injection, which continues to value the… Read more »
Australian design giant Canva has cracked the top 10 for the first time in the annual Forbes Cloud 100 list, which rank the world’s top private cloud companies. Canva came in at no. 7, with Melbourne fintech Airwallex at 61 and employee experience platform Culture Amp at 80, as the three Australian cloud-based tech startups to make… Read more »
Airwallex has raised US$160 million (AU$254m) in Series D to fund its expansion in Europe and the US. New investors, including ANZi Ventures and Salesforce Ventures, joined previous backers, including DST Global, Tencent, Sequoia Capital China, Hillhouse Capital and Horizons Ventures, in the raise. The funding will also be used to expand its product… Read more »
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