Matthew Sek
Business

Airwallex launches startup deal

- May 1, 2024 < 1 MIN READ

Airwallex is offering to waive initial FX fees for startups as part of a new program for the sector. The foreign exchange fintech has launched Airwallex for Startups, with vice president of small-to-medium enterprises and growth, Matthew Sek, saying it’s been designed to unlock growth opportunities for startups and help them get their finances in… Read more »

Lando Norris, McLaren MCL60
Fintech

Airwallex gets into Formula 1 with McLaren

- February 8, 2024 2 MIN READ

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
Fintech

Airwallex sets up for IPO by 2026

- January 15, 2024 2 MIN READ

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 »

Airwallex
People

Airwallex builds out its leadership team with Stripe and Morgan Stanley execs

- February 16, 2023 2 MIN READ

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 »

Funding

Airwallex holds its valuation in raising another $160 million for latest Series E extension

- October 11, 2022 2 MIN READ

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 »

Airwallex
Fintech

Airwallex valuation holds at $7.6 billion as Visa runs ruler over fresh $150 million+ round

- July 21, 2022 2 MIN READ

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 »

Airwallex
Fintech

2E or not 2E: Airwallex is reportedly hunting for another $200 million top up for its Series E

- April 27, 2022 2 MIN READ

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 »

Nazim Ali is CEO of airwallex
Fintech

Global fintech Airwallex launches in Singapore today

- January 13, 2022 2 MIN READ

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 »

Airwallex
Funding

Airwallex valuation more than doubles in 8 months to $7.6 billion after $137 million top up round

- November 18, 2021 < 1 MIN READ

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 »

Airwallex
Funding

Airwallex’s founders are launching a $270 million VC fund

- July 29, 2021 < 1 MIN READ

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 »

Airwallex
Fintech

Airwallex scoops the pool at The Finnies fintech awards

- October 28, 2020 2 MIN READ

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
Funding

Atlassian co-founder Scott Farquhar’s family fund joins $57 million Airwallex raise

- September 29, 2020 < 1 MIN READ

  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 »