Melbourne-founded fintech Airwallex is the latest Australian startup to hit unicorn status following the closing of a US$100 million ($141 million) Series C round led by DST Global.
Melbourne-based fintech startup Airwallex has raised US$80 million ($109 million) in a Series B funding round, the second largest for an Australian startup to date.
Airwallex has secured a further US$6 million ($8.73 million) in follow-on Series A funding from local VC firm Square Peg Capital.
Australia is the top nation, alongside Brazil, facilitating the largest fintech deals outside the global core markets, according to a CB Insights report.
Airwallex has announced that it has closed a US$13 million Series A round to help fuel the release of new API and expand internationally.
Airwallex, which looks to give individuals and small businesses access to interbank mid-market exchange rates, has raised $4.5 million in a pre-Series A funding round.