Airwallex Revenue, Valuation, Funding & Investors
Airwallex is valued at $11B as of June 2026, a 8.5x multiple on its last reported $1.3B revenue.
Last Airwallex valuation
$11B
Series H · Jun 2026
Last Airwallex funding round
$320M
Series H · Jun 2026
Airwallex revenue
$1.3B
Series H · Jun 2026
Key investors in Airwallex
HSG
Square Peg Capital
Tencent
1835i Ventures
Salesforce Ventures
DST Global
About Airwallex
Airwallex is a Melbourne-headquartered global payments platform processing cross-border transactions in 60+ currencies for businesses worldwide. The company offers multi-currency accounts, FX hedging, virtual cards, and embedded finance APIs integrated by platforms like Shopify and Stripe. Airwallex serves 100,000+ companies including Brex and McLaren, with $50 billion annual payment volume. Valued at $5.5 billion after 2022 funding, it operates in 20 offices across Asia, Europe, and North America.
Founded
2015
HQ
SingaporeWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Usage-based
Revenue
$1.3B (Jun 2026)
Valuation
$11B (Jun 2026)
Airwallex Valuation
Airwallex is currently valued at $11B, based on its Series H in June 2026.
The $320M round was led by Addition, with participation from Baillie Gifford, Hummingbird Ventures, Haun Ventures, Amex Ventures, QED Investors and 3 other investors.
Airwallex's valuation has grown 11x from $1B at its Series C in March 2019 to $11B in June 2026, across 11 priced rounds.
Airwallex valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jun 2026 | Series H | $11B | 8.5x |
| Dec 2025 | Series G | $8B | 8.0x |
| May 2025 | Series F | $6.2B | 8.6x |
| May 2025 | Secondary | $8B | 8.0x |
| Oct 2022 | Series E | $5.5B | - |
| Nov 2021 | Series E | $5.5B | 55.0x |
| Sep 2021 | Series E | $4B | 3.3x |
| Mar 2021 | Series D | $2.6B | - |
| Sep 2020 | Series D | $1.8B | - |
| Apr 2020 | Series D | $1.8B | - |
| Mar 2019 | Series C | $1B | 1.0x |
Airwallex Revenue
Airwallex's latest recorded revenue is $1.3B, as of its Series H in June 2026. At a $11B valuation, that implies a 8.5x revenue multiple.
Revenue grew from $1B in March 2019 to $1.3B in June 2026, while the revenue multiple moved from 1.0x to 8.5x.
Airwallex revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jun 2026 | $1.3B | $11B | 8.5x | Series H |
| Dec 2025 | $1B | $8B | 8.0x | Series G |
| May 2025 | $720M | $6.2B | 8.6x | Series F |
| May 2025 | $1B | $8B | 8.0x | Secondary |
| Nov 2021 | $100M | $5.5B | 55.0x | Series E |
| Sep 2021 | $1.2B | $4B | 3.3x | Series E |
| Mar 2019 | $1B | $1B | 1.0x | Series C |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Airwallex Funding History
Airwallex has raised a total of $1.7B across 15 funding rounds, plus 1 secondary share sale.
Airwallex's first fundraising round was a $3M seed round in July 2016. The most recent completed round was a $320M Series H in June 2026.
Airwallex funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2026 | Series H | Addition (lead); Baillie Gifford; Hummingbird Ventures; Haun Ventures; Amex Ventures; QED Investors; T. Rowe Price; Hedosophia; Washington University in St. Louis | $320M | $11B | Airwallex raised $320 million in a Series H funding round on June 25, 2026, at a company-stated post-money valuation of $11 billion, representing a 37.5% increase from its $8 billion valuation in December 2025. The round was led by returning investor Addition, with participation from Baillie Gifford, Hummingbird, QED Investors, T. Rowe Price, Hedosophia, Haun Ventures, Washington University in St. Louis, and Amex Ventures. The capital will accelerate development of Airwallex's AI-native financial operating system, specifically its T:0 finance platform run by four AI agents and the Airi consumer wallet for agent-driven payments, while expanding regulatory footprints into new markets and scaling AI software teams. As of March 2026, Airwallex reported $1.3 billion in annualized revenue (up 74% year-over-year) and $287 billion in annualized transaction volume, reflecting strong market confidence in its global payments and financial platform for modern businesses. Airwallex is a leading global payments and financial platform serving modern businesses, offering integrated solutions for accepting payments locally, managing spend, and maintaining financial control. The company recently launched Airwallex Billing for invoicing, subscriptions, and usage-based charging on a single platform, and expanded its Vietnam Global Accounts to collect Vietnamese dong directly from marketplaces like Shopee and TikTok Shop. It also integrated Octopus, PayMe, Alipay HK, and FPS for comprehensive Hong Kong payment coverage via Airwallex POS, and synced Airwallex Spend with Microsoft Business Central for automated expense categorization. The firm continues to scale its AI-native infrastructure to support the emerging era of agent-driven commerce and autonomous finance. The company has raised over $1.8 billion in total funding across multiple rounds, with the Series H marking its largest single round to date. Previous ownership includes Addition as a lead investor in both Series G and Series H, alongside institutional backers such as Baillie Gifford and Hummingbird. Airwallex operates at significant scale with $287 billion in annualized transaction volume and serves businesses globally, with no disclosed employee count or specific operational footprint details beyond its regulatory expansion plans into new markets. The deal structure is a pure equity raise with no disclosed cash/stock split, earn-out provisions, or liquidation preferences. Synergies center on Airwallex's AI-native positioning enabling agentic finance and autonomous commerce, while previous ownership remains with Addition and its institutional co-investors. Expansion plans include regulatory footprint growth into new markets and scaling AI software development teams to support T:0 and Airi product launches. Financial metrics include $1.3 billion annualized revenue (74% YoY growth) and $287 billion annualized transaction volume. The $11 billion valuation implies a revenue multiple of approximately 8.5x based on annualized revenue. No EBITDA or gross profit figures were disclosed. Company KPIs include annualized revenue growth rate, transaction volume scale, and regulatory expansion progress. Deal structure is equity-only with no disclosed earn-out or liquidation terms. Synergies focus on AI-native financial software enabling agent-driven payments. Previous ownership includes Addition as lead investor in Series G and H. Expansion plans target new markets and AI team scaling. Employee count and operational scale details remain undisclosed. The $320 million injection follows a 37.5% valuation step-up in six months, reflecting strong market confidence in Airwallex's AI-native financial operating system. The round was led by Addition, with participation from Baillie Gifford, Hummingbird, QED Investors, T. Rowe Price, Hedosophia, Haun Ventures, Washington University in St. Louis, and Amex Ventures. Capital will accelerate T:0 and Airi development, expand regulatory footprint, and scale AI software teams. As of March 2026, Airwallex reported $1.3 billion annualized revenue (74% YoY growth) and $287 billion annualized transaction volume. The company is a global payments and financial platform for modern businesses, recently launching Airwallex Billing and expanding Vietnam Global Accounts for Shopee and TikTok Shop. It also integrated Octopus, PayMe, Alipay HK, and FPS for Hong Kong payment coverage via Airwallex POS, and synced Airwallex Spend with Microsoft Business Central. The firm has raised over $1.8 billion total, with Addition as lead investor in Series G and H. No employee count or operational scale details were disclosed. The deal is pure equity with no disclosed cash/stock split, earn-out, or liquidation preferences. Synergies center on AI-native positioning enabling agentic finance and autonomous commerce. Previous ownership includes Addition and institutional co-investors. Expansion plans include regulatory footprint growth and AI team scaling. Financial metrics include $1.3 billion annualized revenue (74% YoY growth) and $287 billion annualized transaction volume. The $11 billion valuation implies an 8.5x revenue multiple. No EBITDA or gross profit figures were disclosed. Company KPIs include annualized revenue growth, transaction volume scale, and regulatory expansion progress. Deal structure is equity-only with no disclosed earn-out or liquidation terms. Synergies focus on AI-native financial software enabling agent-driven payments. Previous ownership remains with Addition and institutional co-investors. Expansion plans target new markets and AI team scaling. Employee count and operational scale details remain undisclosed. |
| May 2026 | Undisclosed stage | Addition (lead) | - | - | - |
| Dec 2025 | Series G | Addition (lead); Robinhood Ventures; Lingotto; T. Rowe Price; TIAA Ventures; Activant Capital | $330M | $8B | Airwallex, a Singapore-headquartered global financial platform for modern businesses, provides payments, banking, billing, treasury, and spend management solutions built on proprietary financial infrastructure. The company serves over 200,000 customers worldwide and has expanded its regulated footprint to 12 new markets in 2025, including France, Netherlands, Israel, Canada, Korea, Japan, New Zealand, Malaysia, Vietnam, Brazil, Mexico, and UAE. On December 8, 2025, Airwallex raised $330 million in a Series G funding round led by Addition, with participation from Activant Capital, T. Rowe Price Associates, Lingotto, Robinhood Ventures, and TIAA Ventures. The round valued the company at $8 billion post-money, a 30% increase from its $6.2 billion valuation in the May 2025 Series F round where it raised $300 million. Total funding raised to date reached approximately $1.5 billion. The financing supports major US expansion, including establishing San Francisco as a dual global headquarters alongside its Singapore base, doubling US headcount to over 400 employees within 12 months, and committing more than $1 billion from 2026-2029 to scale operations. Airwallex also plans to grow its global workforce of over 2,000 by more than 50% by end-2026 and double office space in London following 109% YoY UK growth. Traction highlights include crossing $1 billion in annualized run-rate revenue (ARR) one month prior to the round, annualized transaction volume of $235 billion (doubled recently), and half of customers using multiple products. The US, Europe, Middle East, and Africa now represent 35% of revenues, up from near zero in 2022, with projections to exceed $2 billion in annual revenue within 12 months. Airwallex is advancing AI capabilities, launching agentic AI tools like expense submission and policy agents to automate workflows and build toward a fully autonomous finance department, leveraging behavioral and transactional data for multi-step operations. |
| May 2025 | Series F | Square Peg Capital (lead); Salesforce Ventures; Visa Ventures; R136 Ventures; Lone Pine Capital; Blackbird Ventures; NGS Super; DST Global; Airtree Ventures | $150M | $6.2B | Airwallex, a Melbourne-founded global payments and financial platform, completed a $300 million Series F funding round on May 21, 2025, at a $6.2 billion post-money valuation. The round, led by Square Peg Capital, included $150 million in secondary share transactions and participation from Airtree Ventures, Blackbird Ventures, DST Global, Lone Pine Capital, NGS Super, R136 Ventures (noted as Radar Ventures in one source), Salesforce Ventures, Visa Ventures, and Australian pension funds like Hostplus. This brings Airwallex's total funding to over $1.2 billion, following a 2022 valuation of $5.6 billion. The capital will support expansion into new markets, including Latin America via a payment institution license in Brazil and acquisition of MexPago in Mexico, alongside growth in the Americas and EMEA where gross profit grew at a 4-year CAGR over 250%. In March 2025, Airwallex reported $720 million in annualized revenue, up 90% year-over-year, with over $130 billion in global annualized payments volume and a customer base of 150,000 businesses, grown 50% in 2024. The company anticipates reaching $1 billion in annual run rate revenue in 2025. Airwallex provides a comprehensive platform for businesses to manage payments, currencies, and operations across markets, emphasizing AI-led infrastructure for global-first companies. Recent expansions include a permanent U.S. headquarters in San Francisco, new offices in New York and Toronto, and strong performance in Singapore with 107% YoY revenue growth in FY2025. The round underscores investor confidence in Airwallex's trajectory toward redefining global banking. |
| May 2025 | Secondary | - | $150M | $8B | Airwallex is a global payments and financial platform offering services like cross-border transfers, multi-currency accounts, expense management, corporate cards, and automated accounts payable to over 200,000 companies worldwide. The company raised $330 million in a Series G funding round led by Addition, with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures, and TIAA Ventures, at an $8 billion valuation, marking a 30% increase from its $6.2 billion Series F valuation six months earlier. This Series G round, announced in December 2025, supports Airwallex's expansion, including establishing San Francisco as a dual global headquarters and committing over $1 billion from 2026-2029 to scale U.S. operations and grow headcount to over 400 in the region. Previously, in May 2025, Airwallex completed its Series F raising $300 million (including $150 million in secondary transfers) at $6.2 billion valuation, bringing total funding above $1.2 billion with investors like Square Peg, DST Global, and Visa Ventures. Airwallex achieved annualized revenue surpassing $1 billion in October 2025, reflecting 90% year-over-year growth, with annualized transaction volume doubling to over $235 billion. In March 2025, annualized revenue stood at $720 million, up 90% YoY, on track for $1 billion in 2025, supported by 50% customer growth to 150,000 businesses in 2024 and expansion into 12 new markets in 2025 including France, Israel, and Brazil. Approximately half of customers now use multiple products, with 80 licenses enabling operations in 200+ countries. |
| Oct 2022 | Series E | HSG (lead); Square Peg Capital (lead); Salesforce Ventures; Hermitage Capital; Lone Pine Capital; Tencent; 1835i Ventures; Hostplus | $100M | $5.5B | - |
| Nov 2021 | Series E | Lone Pine Capital (lead); 1835i Ventures; HSG | $100M | $5.5B | Airwallex is a global fintech platform offering payments, foreign exchange, and card-issuing services to businesses, enabling cross-border transactions in multiple currencies. Founded in Melbourne in 2015, it operates in over 19 locations with more than 1,000 employees as of late 2021. On November 18, 2021, Airwallex announced an additional US$100 million Series E1 funding round led by Lone Pine Capital, with participation from 1835i Ventures (ANZ's venture arm) and Sequoia Capital China, bringing the total Series E to US$300 million and overall funding to US$802 million. This extension raised the company's post-money valuation to US$5.5 billion from US$4 billion set in the prior Series E tranche. The round was oversubscribed due to strong Q3 2021 performance, including a 165% year-over-year revenue increase and annualized revenue exceeding US$100 million. Airwallex planned to use the funds to accelerate global expansion, particularly in core markets, and had recently added over 200 hires. The company emphasized building comprehensive financial infrastructure for modern businesses, competing with players like Stripe, PayPal, and Revolut in payments and banking services. Investors highlighted Airwallex's business model strength and growth potential in digital payments. By this point, Airwallex had secured backing from world-leading investors and was positioned for further product development, including potential M&A for features like subscription payments and data analytics. The valuation reflected high external interest, with term sheets reportedly up to US$7 billion. |
| Sep 2021 | Series E | Lone Pine Capital (lead); Salesforce Ventures; G Squared; 1835i Ventures; Hedosophia; Vetamer; DST Global; HSG | $200M | $4B | Airwallex, a global fintech platform providing cross-border payments, foreign exchange, card-issuing, and business banking services via APIs and direct offerings, announced on September 20, 2021, an oversubscribed US$200 million Series E funding round led by Lone Pine Capital, with participation from new investors G Squared and Vetamer Capital, and existing backers including 1835i Ventures, DST Global, Salesforce Ventures, and Sequoia Capital China. This round increased the company's post-money valuation to US$4 billion, following a Series D extension in March 2021, bringing total equity funding to over US$700 million at that point. The capital is earmarked for global expansion into North America, Europe, the Middle East, South America, and Southeast Asia, accelerating product development across five engineering hubs, and scaling sales teams for SMEs and enterprises in the digital economy. The company reported nearly 150% year-over-year revenue growth for the first half of 2021, while processing more than annualized US$20 billion in payment volume for a client portfolio that quadrupled in size, serving businesses like GOAT, Papaya Global, and Stake. Airwallex had nearly doubled its headcount to almost 1,000 employees across over 20 global locations by mid-2021, with recent milestones including U.S. market entry, an EMI license in the Netherlands, and a Money Services Business license in Malaysia. This positions Airwallex to compete with players like Stripe by leveraging its cross-border strengths in multiple currencies across Asia-Pacific, UK, Hong Kong, Australia, and expanding regions. Notably, just weeks later on November 18, 2021, Airwallex raised an additional US$100 million in a Series E1 extension led by Lone Pine Capital, pushing total Series E to US$300 million and valuation to US$5.5 billion, amid 165% YoY revenue growth in Q3 2021 with annualized revenue exceeding US$100 million. This underscores rapid scaling post the initial September round, with over 200 new hires and operations in 19 locations. |
| Mar 2021 | Series D | Greenoaks (lead); 1835i Ventures; BAM Elevate; Grok Ventures; Skip Capital | $100M | $2.6B | - |
| Sep 2020 | Series D | Hedosophia (lead); Skip Capital (lead); Square Peg Capital; BAM Elevate | $40M | $1.8B | - |
| Apr 2020 | Series D | Salesforce Ventures (lead); Tencent; Hillhouse Investment; 1835i Ventures; Horizons Ventures; Hedosophia; DST Global; HSG | $160M | $1.8B | Airwallex, an Australian fintech founded in 2015, provides a cross-border payments platform enabling businesses to send and receive money worldwide in multiple currencies at interbank mid-market FX rates, including foreign currency accounts, payment acceptance via proprietary gateways, and API integrations for virtual cards and embedded finance. On April 16, 2020, Airwallex closed a $160 million Series D funding round, its largest to date, led by Salesforce Ventures with participation from new investor ANZi Ventures (ANZ Bank's CVC arm) and existing backers including DST Global, Tencent, Sequoia Capital China, Hillhouse Capital, and Horizons Ventures, matching the queried investors. This brought total funding to over $360 million following a $100 million Series C in March 2019. The round valued Airwallex at $1.8 billion post-money, up from $1.1 billion unicorn status in the prior round, amid competitive demand despite COVID-19 market disruptions; the raise was oversubscribed with commitments up to $200 million. CEO Jack Zhang noted a 600% year-on-year revenue increase, though exact figures were not disclosed using standard revenue terms. Proceeds supported global expansion into the US, Europe, Middle East, and markets like Tokyo, Bangalore, and Dubai; product enhancements including Airwallex Borderless Cards with Visa, Xero integration, and potential payments acquisitions. This positioned Airwallex against competitors like Brex and Neat in cross-border fintech for SMBs and enterprises. |
| Mar 2019 | Series C | DST Global (lead); Hermitage Capital; Gobi Partners; Tencent; Hillhouse Investment; Square Peg Capital; Horizons Ventures; HSG | $100M | $1B | Airwallex is a cross-border fintech platform founded in Melbourne, Australia in 2015 that enables businesses to manage international payments, revenue, and financing. The company provides an end-to-end solution allowing customers to create Global Accounts with local bank details, access interbank exchange rates, and send money through local and international clearing networks to more than 130 countries. In March 2019, Airwallex closed a $100 million Series C funding round led by DST Global (the high-profile investor behind Facebook, Twitter, Spotify, and Xiaomi) at a valuation exceeding $1 billion, officially entering the unicorn club. The round included participation from returning investors Sequoia China, Tencent, Hillhouse Capital, Gobi Partners, Horizons Ventures, and Square Peg Capital, bringing the company's total capital raised to over $200 million. At the time of the Series C close, Airwallex had eight offices worldwide with more than 260 staff and was processing billions of U.S. dollars in cross-border payment flows, with expectations to reach tens of billions that year. The company served major clients including JD.com, Tencent, Ctrip, and financial service companies like MasterCard, with capital earmarked for expanding its suite of international collection and payment products and supporting global expansion into the US, UK, Europe, and Southeast Asia. |
| Jul 2018 | Series B | HSG (lead); Tencent (lead); Hillhouse Investment; Square Peg Capital; Horizons Ventures; Central Capital Ventura | $80M | - | - |
| Dec 2017 | Series A | Square Peg Capital (lead) | $6M | - | Airwallex, founded in 2015, is a Melbourne-based cross-border payments platform that enables financial institutions and businesses to process international payment transactions. The company provides digital infrastructure for payment processing, treasury management, card issuance, and currency exchange, supporting thousands of transactions per second through a sophisticated foreign exchange and payment engine. In December 2017, Airwallex closed a Series A+ funding round led by Square Peg Capital with a $6 million investment, bringing total Series A capital raised to $19 million when combined with the initial $13 million Series A round closed in May 2017 from Tencent, Sequoia Capital China, and Mastercard. The $6 million Series A+ proceeds were allocated toward international expansion and product development to support the company's mission to simplify cross-border payments for businesses globally. Prior to the Square Peg investment, Airwallex had secured $3 million in pre-Series A funding from Gobi Partners, bringing total capital raised to $22 million by December 2017. |
| May 2017 | Series A | Tencent (lead); Gobi Partners; Sequoia Capital; Mastercard | $13M | - | Airwallex closed a $13 million Series A funding round in May 2017 led by Tencent, the Chinese internet giant's first investment in an Australian startup. The round included participation from Sequoia China, Mastercard, and existing investor Gobi Ventures. The Melbourne-based fintech platform provides cross-border payment infrastructure through APIs, enabling financial institutions and enterprises to process international transactions while offering competitive foreign exchange pricing. At the time, the company was working with Tencent to support WeChat Pay's international expansion and had two undisclosed customers projected to transact billions of dollars each by the end of 2017. Airwallex subsequently raised significantly larger rounds, ultimately reaching a $6.2 billion valuation by May 2025 with total funding of $1.2 billion and an annualized revenue run rate of $500 million as of August 2024. |
| Jul 2016 | Seed | Gobi Partners (lead); ASBV; Gravity Venture Capital | $3M | - | Airwallex, a Melbourne-headquartered fintech startup founded in 2015, raised $3 million in a pre-Series A round in July 2016 led by Gobi Partners, with participation from Gravity VC, Huashan Capital One, and Billy Tam. The company provides a peer-to-peer platform powered by an algorithmic engine that enables businesses to issue and pay invoices in preferred currencies at mid-market foreign exchange rates, avoiding bank margins and currency risks. At the time, Airwallex was in beta mode, targeting disruption of payment providers like PayPal and Western Union, with initial focus on China, Hong Kong, and Australia. The funds were allocated to strengthen development teams in Melbourne and China, accelerate R&D on the international payments platform, develop a multi-currency digital wallet, and integrate APIs for e-commerce platforms. Plans included marketing, hiring, product development, and expansion to Singapore, Japan, and Korea, with a Series A targeted before year-end. Gobi Partners highlighted Airwallex's innovation amid booming cross-border consumption in Asia and inefficient traditional forex channels. |
Who has invested in Airwallex?
41 investors have backed Airwallex across its funding rounds, including HSG, Square Peg Capital, Tencent, 1835i Ventures, Salesforce Ventures and DST Global.
Lead investors include Addition, Square Peg Capital, HSG, Lone Pine Capital, Greenoaks and 6 other investors.
Airwallex Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 Sydney | 6 | Lead | Dec 2017 | |
 Hong Kong | 6 | Lead | Jul 2018 | |
 Shenzhen | 5 | Lead | May 2017 | |
| Australia | 5 | Participant | Apr 2020 | |
 San Francisco, CA | 4 | Lead | Apr 2020 | |
| Greenwich, CT | 4 | Lead | Sep 2021 | |
 London | 4 | Lead | Apr 2020 | |
 George Town | 4 | Lead | Mar 2019 | |
 Kuala Lumpur | 3 | Lead | Jul 2016 | |
| United States | 3 | Lead | Dec 2025 | |
| Singapore | 3 | Participant | Jul 2018 | |
| Hong Kong | 3 | Participant | Jul 2018 | |
| Hong Kong | 2 | Participant | Mar 2019 | |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Airwallex
Airwallex has acquired 8 companies to date.
Last acquisition by Airwallex was on June 3rd 2026. Airwallex acquired Leapfin for undisclosed valuation.
Latest Acquisitions by Airwallex
| Description | - | Paynuri is a South Korean payment gateway offering virtual accounts, tax invoicing, and escrow services for digital commerce. | Skye Sab Indonesia issues electronic money and builds advanced financial technologies. | - | |
| HQ Country | |  |  | | |
| HQ City | San Francisco, CA | - | - | - | |
| Deal Date | 3 Jun 2026 | 21 Jan 2026 | 8 Dec 2025 | 3 Sep 2025 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Investments by Airwallex
Airwallex has invested in 2 companies to date.
Latest investment by Airwallex was on June 24th 2026. Airwallex invested in Metal in their Seed round.
Latest Investments by Airwallex
| Description | Metal is a blockchain infrastructure provider offering customizable compliance instruments and foundational asset components for digital finance. | Kintsugi AI is a tax assistant platform providing AI-driven nexus tracking, reporting, filing, and integrations for sales tax compliance. It monitors economic thresholds across US states for remote sellers and marketplaces. The service automates returns and remittances through API connections. |
| HQ Country | - | |
| HQ City | - | San Francisco, CA |
| Deal Date | 24 Jun 2026 | 19 Nov 2024 |
| Round | Seed | Series A |
| Raised | undisclosed | $4M |
| Investors | Capital 49 | - |
| Valuation | undisclosed | $80M |
| EV/Revenue | ||
| EV/EBITDA | ||
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Airwallex Competitors
Airwallex competitors include listed companies like Paymentus and Edenred, and private ones like Tipalti, Razorpay, Billdesk and Dock.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| San Francisco, CA | Private | $80M | - | $8.3B | - | |
 Bangalore | Private | $159M | - | $6.5B | 40.9x | |
| United States | Publicly listed | $1.2B | $117M | $4.6B | 3.0x | |
| Mumbai | Private | $99M | - | $1.8B | 18.2x | |
 São Paulo | Private | - | - | $1.5B | - | |
 France | Publicly listed | $3.4B | $1.3B | $7.7B | 2.8x |
Airwallex Public Comps
Airwallex is still privately-owned, but its public comps include Edenred, WEX, MonotaRO, Nexi, ACI Worldwide, Paymentus, dLocal, BILL.com, Kaspi.kz and Circle.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $3.4B | $1.3B | 2.8x | 2.8x | 7.7x | 6.5x | |||
| $2.7B | $992M | 2.2x | 2.1x | 6.0x | 4.8x | |||
| $2.1B | $340M | 2.9x | 2.6x | 18.1x | 16.6x | |||
| $7.2B | ($2.3B) | 0.6x | 1.0x | (1.9x) | 2.0x | |||
| $1.8B | $456M | 3.3x | 3.1x | 12.8x | 10.9x | |||
| $1.2B | $117M | 3.5x | 3.0x | 35.8x | 24.8x | |||
| $1.1B | $229M | 3.1x | 2.3x | 14.6x | 10.7x | |||
| $1.7B | $34M | 2.4x | 2.4x | 116.2x | 10.3x | |||
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Common questions about Airwallex
| When was Airwallex founded? | Airwallex was founded in 2015. |
| Where is Airwallex headquartered? | Airwallex is headquartered in Singapore, Singapore. |
| Is Airwallex publicly listed? | No, Airwallex is a private, VC-backed company. |
| What is Airwallex's valuation? | Airwallex was last valued at $11B in its Series H in June 2026. |
| How much funding has Airwallex raised? | Airwallex has raised $1.7B across 15 funding rounds. |
| What was Airwallex's last funding round? | Airwallex's last funding round was a $320M Series H in June 2026, led by Addition. |
| Who are Airwallex's investors? | Airwallex's investors include Square Peg Capital, HSG, Tencent, 1835i Ventures, Salesforce Ventures, Lone Pine Capital, Hedosophia, DST Global, Gobi Partners, Addition and 31 others. |
| What is Airwallex's revenue? | Airwallex's latest recorded revenue is $1.3B (June 2026). |
| What is Airwallex's revenue multiple? | Airwallex's latest valuation implies a 8.5x revenue multiple ($11B valuation on $1.3B of revenue). |
| Which companies are comparable to Airwallex? | Companies comparable to Airwallex include Tipalti, Razorpay, Paymentus, Billdesk, Dock and Edenred. |
| How many companies has Airwallex acquired? | Airwallex has acquired 8 companies, including Leapfin, Paynuri, Skye Sab Indonesia, OpenPay and CTIN Pay. |
| How many companies has Airwallex invested in? | Airwallex has invested in 2 companies, including Metal and Kintsugi AI. |
| What was Airwallex's last investment? | In June 2026, Airwallex invested in Metal's seed round alongside Capital 49. |
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