The financing values Airwallex at $8 billion, a ~30% increase since its $300 million Series F six months ago.
The funding round comes just a month after the company crossed $1bn in annualised run rate revenue (ARR) and arrives as the Melbourne-founded firm establishes a second global headquarters in San Francisco and a commitment to deploy more than $1 billion from 2026-2029 to scale its US operations.
The company says it will double its US headcount to more than 400 employees over the next 12 months and expand its global workforce of over 2000 employees by more than 50% by the end of 2026.
Airwallex, which serves more than 200,000 companies worldwide, recently announced plans to double its office space in London after experiencing 109% year-on-year growth in the UK. Across 2025, the company has also extended its regulated footprint and local capabilities in 12 new markets – securing new licenses and launching products across France, the Netherlands, Israel, Canada, Korea, Japan, New Zealand, Malaysia, Vietnam, Brazil, Mexico, and the UAE.
Jack Zhang, co-founder and CEO of Airwallex, says: “Legacy providers are fundamentally incompatible with how modern businesses operate, and our investors understand that we’re pulling ahead in the race to define this category. We’re building a modern alternative, a single platform that powers global banking, payments, billing, treasury, and spend on top of proprietary financial infrastructure.”