A new chapter: Announcing our Series F funding

Today, we announced our Series F funding, bringing Airwallex’s total raised to $1.2 billion, with a valuation of $6.2 billion. This round will help us expand into new markets and move faster in building a new vision for the future of global banking. 

Our investors see what we see: a chance to eliminate financial friction and give businesses the tools they need to take on the global market, and win. 

Addressing that financial friction has been our driving force from the very beginning.

The founding idea

When we founded Airwallex in 2015, we set out with a clear mission: to make it faster, cheaper, and more transparent to move money across borders.

What we discovered was a global financial system that wasn’t just inefficient – it was fundamentally broken.

International payments crawled through layers of intermediaries, racking up hidden fees and unnecessary delays. Businesses operating globally were forced to rely on legacy tools never built for a multi-currency world – leading to bloated tech stacks, manual reconciliation, and slowed growth.

For modern businesses, this was more than a friction point. It was a barrier to global scale.

We knew incremental fixes wouldn’t cut it. So we built our own infrastructure from the ground up – applying first principles thinking to every layer of the system. Our goal wasn’t to patch the old model, but to reimagine global finance entirely.

Today, Airwallex powers global payments and financial operations for thousands of businesses worldwide. And our belief is stronger than ever: The future of finance is global, real-time, and built without borders.

Chapter one: the Airwallex story 

Many know us for our unique cross-border payment infrastructure. We spent nearly a decade taking a deep, hyper-local approach: going country by country, forming partnerships, gaining local insight, and establishing direct connections. We grew from a single license in Australia to more than 60 globally.

We built direct relationships with card schemes like Visa and Mastercard, becoming a principal issuer and acquirer wherever possible – meeting rigorous regulatory and operational requirements.

Because of that foundational work, our customers can now move money in real-time or near real-time across 150+ countries, access interbank FX rates in 60+ currencies, and save up to 80% on FX fees. They can also enable multi-currency, hyper-local eCommerce checkout experiences.

Chapter two: integrated financial software

Building on that foundation, we’ve created a tightly integrated software stack that works seamlessly across currencies and borders to power the lifecycle of global financial services. That includes a comprehensive spend management platform, high-interest multicurrency accounts, and APIs designed to support the financial operations of our largest customers.

It’s a powerful thing to see – the entire flow from vendor onboarding, to bill submission, approval, FX conversion, payout, and reconciliation across global entities – fully streamlined with a full lineage of that process in one place. Much of it is automated, seamlessly folding into monthly processes with minimal effort.

And our customers agree. The ability to manage this entire workflow across currencies and systems, with speed and accuracy, brings a whole new level of control.

Just a few years ago, most of our business came from our cross-border infrastructure. Today, we’re powering a much greater portion of our customers' financial operations.

Chapter three: The AI-powered future

AI will fundamentally change how companies run their businesses. We’re heading into a future where AI can run the entire finance function. Not just co-pilot mode, but fully autonomous financial operations. That changes everything about how companies are built, funded, and scaled, and we’re building that future. 

We're building towards this by integrating AI to enhance efficiency, improve decision-making, and reduce friction across our platform today. This shift will reshape how companies are built and scaled. We're excited to share more about our specific advancements soon.

Building for entrepreneurs

We’ve always believed in supporting entrepreneurs and business builders – because that’s what we are. We understand the challenges of launching something new, and we’re building tools to help others scale faster, with fewer roadblocks. 

Our goal is to give the next generation of entrepreneurs the global banking platform they need to grow, compete, and succeed at a global scale, with a platform that's tech-driven and designed for change.

This Series F marks a major milestone in that journey. We feel very lucky to have the support of investors who see the potential of what we’re building, and a global team that's passionate about making it real.

With this new funding, we’re ready to expand to new countries, unlock new use cases, and support even more builders around the world.

To join us, visit https://careers.airwallex.com/.