According to the Australian Financial Review, the Global Cross-Border Payments and Finance Platform Airwallex (air cloud) recently completed a $300 million F-round of financing, with a post-investment valuation of $6.2 billion. Airwallex will use this funding to accelerate its global expansion and to expand financial markets.
Airwallex reportedly completed the $300 million F round of financing on 21 May, of which $150 million was for first-level financing and $150 million for second-share transfers of existing shareholders. Investors include Square Peg, DST Global, Blackbird, Airtree, Salesforce Ventures, Lone Pine Capital, Tunning, Redwood, and the Australian Pension Fund, Visa Ventures, as strategic investors.
According to official data, the annualized income of Airwallex reached $720 million in March 2025, an increase of 90 per cent over the same period, and by 2024 it expanded its client base by 50 per cent, serving 150,000 businesses worldwide each year, with global disbursements exceeding $130 billion. According to Airwallex, the company ‘ s operating income will reach $1 billion in 2025.
Over the past four years, Airwallex has expanded rapidly globally, with a combined annual growth rate of gross profits of more than 250 per cent in the Americas, Europe, the Middle East and Africa. In 2024, Airwallex will relocate to the United States permanent headquarters in San Francisco and recently opened new offices in New York and Toronto. Following the acquisition of the Brazilian payment agency licence and the completion of the acquisition of Mexico’s payment service provider, MexPago, Airwallex intends to launch services in the two largest economies in Latin America.
In Europe, Airwallex recently opened a new office in Paris and recruited a series of senior managers in London and Amsterdam. In the Middle East, Airwallex completed its first recruitments in Abu Dhabi and Dubai in the United Arab Emirates, and continued strong growth in Israel.
With this funding, Airwallex plans to further expand markets in Japan, Korea, the United Arab Emirates and Latin America by 2025 and to accelerate market expansion in Europe, North America and South-East Asia. Cooperation between AI and Visa is being used to improve service efficiency and to enhance AI-driven payments and financial services.
“The global financial system is not built for today’s borderless economy. Too many enterprises are hampered by slow, expensive and fragmented traditional infrastructure. In Airwallex, we are building a completely new foundation for the global economy — a fast, seamless and scalable foundation. This investment marks an important milestone in our journey to redefine global banking and to empower global enterprises to grow indefinitely.”
According to the Airwallex official network, as part of its commitment to building a global banking future, Airwallex began to build a technology-led global financial infrastructure from scratch, directly integrating into local clearing systems and networks, with its proprietary network, which enables its clients to generate local accounts in more than 60 countries/regions at once, and to receive and distribute funds in more than 150 countries/regions more quickly and efficiently than traditional banks. Currently, 95 per cent of Airwallex transactions can arrive within hours or the same day, 68 per cent of which can be processed instantaneously.
Through direct cooperation with card organizations such as Visa, MasterCard and others, Airwallex will have the dual status of issuing payment cards directly and will be able to settle customer transactions without relying on third-party processors. Based on a combination of more than 60 regulatory licences worldwide, customers can obtain inter-bank exchange rates of over 60 currencies through Airwallex.
