Airwallex Secures $320 Million Series H Funding, Valuation Reaches $11 Billion
Global financial technology platform Airwallex has successfully closed a $320 million Series H funding round, increasing its valuation to $11 billion. The company reported significant growth in annualized revenue and transaction volume.
Airwallex, the Australian-founded global financial platform, announced the closure of a $320 million Series H funding round, which elevates the company's valuation to $11 billion. This valuation marks an increase from its previous $8 billion valuation in December 2025. The company reported reaching $1.3 billion in annualized revenue by March 2026, a 74 percent year-over-year increase. Additionally, its annualized transaction volume reached $287 billion, up over 120 percent year-over-year. More than 90 percent of Airwallex's revenue is now generated from customers utilizing multiple products.
The funding 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.
According to Jack Zhang, co-founder and CEO of Airwallex, the company has spent a decade building proprietary infrastructure, including over 85 licenses and direct integrations into 160 local payment networks, enabling payout capabilities to more than 200 countries. This foundation is now being enhanced with an intelligent layer, supported by the new investment.
INTELLIGENCE BRIEF
WHY IT MATTERS
This significant funding round for Airwallex underscores investor confidence in established financial technology platforms. The company's reported growth in revenue and transaction volume highlights the increasing demand for comprehensive financial solutions that streamline global operations.
WHO IS INVOLVED
Global financial platform Airwallex; Co-founder and CEO Jack Zhang; Lead investor Addition; Participating investors: Baillie Gifford, Hummingbird, QED Investors, T. Rowe Price, Hedosophia, Haun Ventures, Washington University in St. Louis, Amex Ventures.
MARKET IMPACT
The substantial funding for Airwallex reinforces the continued investment in financial technology. The company's focus on expanding its infrastructure and product offerings suggests a competitive landscape in global payments and financial operations.
This story was drafted with AI assistance and reviewed by TurkSpark editors before publication. Facts, figures, and names may be inaccurate — verify important details independently.
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