Airwallex raises $330M in Series G funding at $8B valuation as ARR tops $1B

Airwallex has raised $330 million in a Series G funding round, lifting its valuation to $8 billion just six months after closing its previous raise. The new valuation marks roughly a 30% jump from the $6.2 billion price tag attached to the company’s Series F.

The round was led by Addition, with backing from T. Rowe Price Associates Inc., Activant, Lingotto, Robinhood Ventures, and TIAA Ventures. Investor interest followed a sharp rise in operating performance this year, as Airwallex crossed $1 billion in annualized revenue in October and doubled its annualized transaction volume to more than $235 billion over the same period.

The raise comes six months after the fintech startup secured $300 million from investors, including Visa and Salesforce, a round that valued the company at $6.2 billion and backed its global expansion plans.

Airwallex Valuation Jumps 30% to $8B After $330M Series G Round

Alongside the funding, the global payments and finance company announced it has designated San Francisco as a second global headquarters, signaling a deeper push into the U.S. market. Airwallex plans to more than double its U.S. workforce to over 400 employees within the next year and commit more than $1 billion between 2026 and 2029 to expand its U.S. operations, product teams, and brand footprint.

“We believe the future of global banking will be borderless, real-time, and intelligent,” said Jack Zhang, co-founder and CEO of Airwallex. “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. This capital will accelerate our growth, extend our technical leadership, and strengthen our position in the U.S. and across key markets worldwide.”

Founded in Australia in 2015 by Jack Zhang, Airwallex started as a cross-border payments provider but has grown into a global financial platform with customers. Airwallex has steadily expanded its footprint as cross-border commerce has grown more complex for global businesses. The company now serves over 200,000 customers, ranging from early-stage startups to public enterprises, many of which rely on its infrastructure to move money, manage accounts, issue cards, and handle spending across multiple markets. About half of its customers use more than one Airwallex product, a signal that businesses are consolidating financial workflows onto the platform.

Airwallex operates under 80 licenses worldwide and supports customers in more than 200 countries and regions. Over the past year, it extended its regulated presence and local capabilities across 12 new markets, including France, Canada, Japan, Brazil, Mexico, the UAE, and several Asia-Pacific countries.

Lee Fixel of Addition framed the investment as a response to gaps in traditional banking systems. “Airwallex is reshaping the global business banking landscape,” he said. “The traditional financial system wasn’t built for borderless businesses, and Airwallex is uniquely equipped to solve this challenge. With its global financial infrastructure, software and AI capabilities, the company is exceptionally well positioned to lead the future of global business banking.”

The new capital will also support Airwallex’s growing focus on AI-driven financial operations. The company is building specialized AI agents that perform real financial tasks using live signals across payments, treasury, and spending activities. The goal is to automate workflows that typically require manual review, coordination, and follow-ups across teams.

Zhang describes the company’s advantage as stemming from deep visibility into customer financial activity. “As AI lowers software costs, infrastructure and data become the ultimate differentiator,” he said. “Airwallex connects the full spectrum of a customer’s financial operations – money in, money out, and everything in between, giving our agents the contextual data to execute with precision. This proprietary visibility, built on our scalable financial infrastructure, is what powers agentic finance.”

The first AI agents are being introduced inside Airwallex’s spend management platform. One agent, already live, gathers receipts from multiple sources, matches them to transactions, categorizes expenses, and pre-fills submission fields. Another agent, set to launch in the coming weeks, checks submissions against company policies and flags exceptions ahead of approval. The company plans to roll out hundreds of these agents across its platform.

Today, Airwallex employs more than 2,000 people across 26 offices worldwide and expects to grow its headcount by over 50% by the end of 2026. With San Francisco now positioned as a global hub alongside Singapore, the company is placing a clear bet on the U.S. as a central pillar of its next phase of growth.

Airwallex Team