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Airwallex has secured $320 million in a Series H funding round led by Addition, with participation from Baillie Gifford and others, to enhance its autonomous finance capabilities.
PRIVATEAug 20, 2026•about 4 hours ago
Amount Raised
$320 Million
Round Type
Series G+
ChinaFinancial Services
Investors
Washington University In St. LouisAmex VenturesT. Rowe PriceBaillie GiffordAddition
Description
Airwallex raised $320 million in a Series H funding round led by Addition and several other investors. The funding aims to accelerate the company's pivot towards autonomous finance and enhance its product offerings. The round increased Airwallex's valuation to $11 billion, a significant rise from its previous $8 billion valuation. CEO Jack Zhang highlighted the importance of this capital in advancing the company's next chapter.
Company Information
Company
Airwallex
Location
3615 Northwest 115th Avenue
China
About
The company has started to make some headway into Europe and the UK and that will be one big focus, along with the U.S.The Airwallex will be using the funding both to continue investing in its product and technology, as well as to continue its geographical expansion and to focus on some larger business targets. Airwallex has tens of thousands of customers using its financial services directly, and they make up about 40% of its revenues today. The rest is the interesting turn the company decided to take to expand its business.
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2 contacts
Verified contactsJack Z., Co-Founder & CEO hidden hidden hidden
ChinaFinancial Services