Insider Brief
- Airwallex raised $330 million in a Series G round at an $8 billion valuation to accelerate global expansion, scale U.S. operations, and invest heavily in AI-driven financial infrastructure.
- The company reported strong momentum with over $1 billion in annualized revenue, $235 billion in transaction volume, and expanded regulatory and product footprints across multiple new markets.
- Airwallex is building specialized AI agents to automate financial workflows and has established a second global headquarters in San Francisco to deepen its presence in the U.S. and attract top talent.
PRESS RELEASE — Airwallex, a leading global financial platform for modern businesses, raised $330 million in a Series G funding round, led by Addition and with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures. The financing values Airwallex at $8 billion, a ~30% increase since its Series F six months ago. The investment will fuel Airwallex’s continued growth in the U.S. and key markets worldwide, while driving expanded AI hiring and product development. Underscoring its strong momentum and deep commitment to the U.S. market, Airwallex has established a second global headquarters in San Francisco and will deploy more than $1 billion from 2026–2029 to scale its U.S. operations, attract top talent, and expand its physical 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.”
The company’s 2025 operating performance drove strong inbound interest in the round. Highlights include:
- Annualized revenue surpassed $1 billion in October, up 90% YoY.
- Annualized transaction volume doubled YoY to more than $235B in October.
- Approximately half of Airwallex’s customer base now uses multiple products, underscoring expanding product-market fit.
- 80 licenses and permits worldwide, enabling customers to operate in 200+ countries and regions, and power multi-currency checkout at scale.
- In 2025, Airwallex extended its regulated footprint and local capabilities in 12 new markets — securing new licenses and launching products across France, the Netherlands, Israel, Canada, Korea, Japan, New Zealand, Malaysia, Vietnam, Brazil, Mexico, the UAE, and more.
“Airwallex is reshaping the global business banking landscape,” said Lee Fixel at Addition. “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.”
Airwallex establishes second headquarters in San Francisco
In conjunction with the fundraise, Airwallex also announced a second global headquarters in San Francisco to position core product, engineering, strategic partnerships and go-to-market teams at the epicenter of global AI innovation and talent.
The U.S. market is a key focus within Airwallex’s global strategy — the company plans to double its U.S. headcount to more than 400 employees over the next 12 months and is doubling its San Francisco office space to support this growth.
Founded in Australia in 2015, Airwallex currently has a global workforce of over 2,000 people and plans to expand its team by more than 50% by the end of 2026. This growth will fuel continued investment in its infrastructure and partnerships worldwide.
Accelerating the next era of intelligent financial operations
Airwallex is building a team of specialized AI agents to execute real financial workflows, laying the foundation for a fully autonomous finance department. These agents leverage contextual signals across payments, treasury, and spend activity to automate high-value, multi-step operations — from expense approvals and policy checks to end-to-end task orchestration. Hundreds of purpose-built agents will soon expand across the platform, enabling businesses to operate with greater speed, accuracy, and significantly less manual effort.
“As AI lowers software costs, infrastructure and data become the ultimate differentiator,” Zhang added. “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.”
First to launch is the suite of AI agents within Airwallex’s spend management platform. The Expense Submission Agent, live today, collects receipts from various sources, automatically matches them to transactions, categorizes the expense, and populates all required fields for seamless submission. The Expense Policy Agent, available in the coming weeks, verifies the receipt’s validity, reviews the submission against company policy, and flags any potential exceptions for manual review before final approval. Whether managing expenses or executing procure-to-pay workflows, the Spend Agents are designed to deliver stronger controls, significantly fewer manual workflows, and shorter month-end cycles for customers.
About Airwallex
Airwallex is a leading global financial platform for modern businesses. We are building the future of global banking for a borderless, real-time, intelligent economy.
More than 200,000 companies worldwide — from startups to public enterprises — use Airwallex to manage their global banking and financial operations, or to build and monetize their own financial products using Airwallex infrastructure.
Founded in Melbourne in 2015, Airwallex holds 80 licenses across North America, Europe, the Middle East, and Asia-Pacific, forming one of the most comprehensive financial infrastructures in the world. This regulated backbone powers Airwallex products at global scale, including: payment acceptance, billing, global accounts, corporate cards, and spend management.
The company is co-headquartered in San Francisco and Singapore with over 2,000 employees across 26 offices. Learn more at www.airwallex.com.
*Accounts advised by T. Rowe Price Associates, Inc.
Contacts
For media inquiries, please contact press@airwallex.com
