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 »

Topics

Canva, Airwallex and Culture Amp make the Forbes Cloud 100 list of the world’s top private companies

- September 17, 2020 2 MIN READ

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
Topics

Airwallex raises $254 million in series D

- April 16, 2020 < 1 MIN READ

  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 »

Advice

Airwallex co-founder Lucy Liu explains how the fintech dealt with COVID-19 in China

- March 27, 2020 4 MIN READ

These are strange times we live in. The global COVID-19 pandemic has introduced a new reality for all of us, with businesses reeling most from the impact and introducing significant changes. Many workforces across the world have turned to remote working, as travel restrictions and work-from-home directives are now widespread and mandated. Airwallex’s China office… Read more »

airwallex
Topics

Airwallex partners with Visa for B2B global payments card

- February 5, 2020 2 MIN READ

Melbourne fintech Airwallex is launching a new global payments product for business in a partnership with credit card giant Visa. The fintech says the Airwallex Borderless Card for businesses will save companies time, cost and hassle on international transactions.  “The collaboration focuses on innovative multi-currency cross-border payment solutions for businesses, bringing together Airwallex’s market-leading international… Read more »