# Airwallex

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/airwallex

- Industry: Financial Services
- Headquarters: Melbourne, Australia
- Website: www.airwallex.com
- Total disclosed funding: $1.7B
- Latest round: Series H (May 8, 2026)
- Investors on record: 41

## About

Founded in 2015 and based in Singapore, Airwallex Pty Ltd, trading as Airwallex, operates as a financial technology firm that simplifies global transactions for businesses. The company's co-founders are  Jack Zhang (CEO), Lucy Liu, Max Li, Xijing Dai (CTO), and Ki-Lok WongIn. In June 2026, Airwallex raised USD 320 million in series H funding led by Addition, with participation from T Rowe Price, Baillie Gifford, Hummingbird Ventures, QED Investors, Hedosophia, Haun Ventures, Washington University in St. Louis, and American Express Ventures. The series H funding valued Airwallex at USD 11 billion post-money.


Airwallex offers a global payment and financial platform designed for businesses looking to optimize their financial operations. The main services include multi-currency business accounts, fast international transfers, corporate cards, and expense management tools. Using its local payments network, Airwallex enables businesses to operate in over 60 countries, facilitating payments in local currencies and efficient management of funds, serving a client base of over 150,000 companies in sectors like eCommerce and SaaS. The company generates revenue through transaction fees, subscription services, and transaction volumes across its various financial products, providing tailored pricing structures to accommodate different business needs. 

The company generates revenue through transaction fees, subscription services, and transaction volumes across its various financial products, providing tailored pricing structures to accommodate different business needs. 

The company plans to use the June 2026 funding to expand in the U.S. and other markets, hire for AI roles, and develop new products.

## Funding rounds

- Series H, May 8, 2026, $320M — T Rowe Price, Washington University in St. Louis Endowment, Hummingbird Ventures, QED Investors, American Express Ventures, Hedosophia, Baillie Gifford, Addition, Haun Ventures
- Series G, Dec 8, 2025, $330M — T Rowe Price, Activant Capital, Addition, Lingotto Investment Management LLP, TIAA Ventures, Robinhood Ventures
- Series F, May 21, 2025, $150M — Hostplus, NGS Super, DST Global, Lone Pine Capital, Blackbird, Square Peg, AirTree Ventures, Salesforce Ventures, R136, Visa Ventures, Radar Ventures
- Series E, Jul 1, 2022, $100M — Hong Shan, Hostplus, Tencent Investment, Lone Pine Capital, Square Peg, Salesforce Ventures, Hermitage Capital Group, 1835i
- Series E, Nov 17, 2021, $100M — Hong Shan, Lone Pine Capital, 1835i
- Series E, Sep 20, 2021, $200M — Hong Shan, DST Global, Lone Pine Capital, G Squared, Salesforce Ventures, Vetamer Capital, 1835i
- Series D, Mar 23, 2021, $100M — Greenoaks Capital, Grok Ventures, Skip Capital, Hermitage Capital Group, 1835i
- Series D, Sep 29, 2020, $40M — Square Peg, Skip Capital
- Series D, Jul 20, 2020 — Alibaba Entrepreneurs Fund
- Series D, Apr 16, 2020, $160M — Hong Shan, Tencent Investment, DST Global, Hillhouse Investment, Horizons Ventures, Salesforce Ventures, Hermitage Capital Group, 1835i
- Series C, Mar 26, 2019, $100M — Hong Shan, Gobi Partners, Tencent Investment, DST Global, Hillhouse Investment, Horizons Ventures, Square Peg, Hermitage Capital Group
- Series B, Jul 2, 2018, $80M — Hong Shan, Tencent Investment, Hillhouse Investment, Horizons Ventures, Square Peg, Central Capital Ventura
- Series A, Dec 13, 2017, $6.1M — Square Peg
- Series A, May 1, 2017, $13M — Hong Shan, Gobi Partners, Mastercard International Incorporated, Tencent Investment
- Seed, May 1, 2016, $3M — Gobi Partners, Huashan Capital, Gravity Venture Capital

## Investors

- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Seed, Series A, Series C
- Huashan Capital — Seed
- Gravity Venture Capital (https://capitalatlas.ai/funds/gravity-venture-capital) — Seed
- Hong Shan — Series A, Series B, Series C, Series D, Series E
- Mastercard International Incorporated — Series A
- Tencent Investment — Series A, Series B, Series C, Series D, Series E
- Square Peg (https://capitalatlas.ai/funds/square-peg) — Series A, Series B, Series C, Series D, Series E, Series F
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series B, Series C, Series D
- Horizons Ventures — Series B, Series C, Series D
- Central Capital Ventura (https://capitalatlas.ai/funds/central-capital-ventura) — Series B
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series C, Series D, Series E, Series F
- Hermitage Capital Group (https://capitalatlas.ai/funds/hermitage-capital-group) — Series C, Series D, Series E
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series D, Series E, Series F
- 1835i (https://capitalatlas.ai/funds/1835i) — Series D, Series E
- Alibaba Entrepreneurs Fund (https://capitalatlas.ai/funds/alibaba-entrepreneurs-fund) — Series D
- Skip Capital (https://capitalatlas.ai/funds/skip-capital) — Series D
- Greenoaks Capital (https://capitalatlas.ai/funds/greenoaks-capital) — Series D
- Grok Ventures — Series D
- Lone Pine Capital — Series E, Series F
- G Squared (https://capitalatlas.ai/funds/g-squared) — Series E
- Vetamer Capital — Series E
- Hostplus — Series E, Series F
- NGS Super — Series F
- Blackbird (https://capitalatlas.ai/funds/blackbird) — Series F
- AirTree Ventures (https://capitalatlas.ai/funds/airtree-ventures) — Series F
- R136 (https://capitalatlas.ai/funds/r136) — Series F
- Visa Ventures (https://capitalatlas.ai/funds/visa-ventures) — Series F
- Radar Ventures (https://capitalatlas.ai/funds/radar-ventures) — Series F
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series G, Series H
- Activant Capital (https://capitalatlas.ai/funds/activant-capital) — Series G
- Addition (https://capitalatlas.ai/funds/addition) — Series G, Series H
- Lingotto Investment Management LLP — Series G
- TIAA Ventures (https://capitalatlas.ai/funds/tiaa-ventures) — Series G
- Robinhood Ventures (https://capitalatlas.ai/funds/robinhood-ventures) — Series G
- Washington University in St. Louis Endowment — Series H
- Hummingbird Ventures (https://capitalatlas.ai/funds/hummingbird-ventures) — Series H
- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Series H
- American Express Ventures (https://capitalatlas.ai/funds/american-express-ventures) — Series H
- Hedosophia (https://capitalatlas.ai/funds/hedosophia) — Series H
- Baillie Gifford (https://capitalatlas.ai/funds/baillie-gifford) — Series H
- Haun Ventures (https://capitalatlas.ai/funds/haun-ventures) — Series H
