Airwallex put the pedal to the metal for its ‘Shifted Perspectives’ campaign at the launch of the Formula 1 season in Melbourne this week, handing out startup grants and chatting to homegrown McLaren driver Oscar Piastri. The fintech sponsors the UK F1 team McLaren, originally founded in 1965 by Kiwi engineer, innovator, entrepreneur and driver… Read more »
If you’ve ever had a meal at di Stasio’s Citta in Melbourne, or watched the Matildas play Japan last week, you’ve seen the work of Kamilaroi artist Reko Rennie. Rennie’s 8-minute video, OA_RR, driving a Rolls Royce in burnouts in the desert country of his grandmother, plays behind the bar at the Italian restaurant, and… Read more »
International payments platform Airwallex has been granted an Australian Financial Services Licence (AFSL), allowing it to offer its high interest deposit account to retail users. While the fintech unicorn already had an ASFL for the past eight years for its existing payments and foreign exchange business, the new one means it can offer its high-interest… Read more »
Global fintech unicorn Airwallex recently launched its Airwallex for Startups program in Australia to such success that they’re giving away a second $10,000 Business Acceleration Grant. Designed to foster the next generation of local startup talent, the program is already making huge waves in several industries, providing entrepreneurs with a suite of financial tools, educational resources,… Read more »
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 »
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 »
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