Airwallex raises US$300 million in Series F funding round

[SINGAPORE] Airwallex has raised US$300 million in a Series F funding round with Visa’s corporate venture arm Visa Ventures coming on board as an investor, it announced on Wednesday (May 21). This brings the fintech startup’s valuation to US$6.2 billion.

Other investors in the round include Square Peg, DST Global, Salesforce Ventures and a number of other Australian venture capital and pension funds. Of the US$300 million raised, US$150 million was in secondary share transfers, cashing out earlier investors.

The financial platform that manages payments and business accounts reported a 50 per cent growth in its customers base in 2024, serving 150,000 businesses worldwide. Airwallex has more than 60 licences and over 50 relationships with banks and financial institutions.