By now, all of us have been impacted by the COVID-19 crisis in one way or another. It has brought a global economic shutdown, and with it, a great number of businesses, especially small businesses, are struggling. Many are still coming to terms with the severity of this crisis and its long-term implications while figuring… Read more »
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.
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.