The Airwallex brand seems on a laptop computer pc display screen on this picture illustration in Athens, Greece, on December 8, 2025.
Nikolas Kokovlis | Nurphoto | Getty Pictures
Airwallex has raised $320 million in a Collection H funding spherical, valuing the worldwide funds firm at $11 billion, a 38% leap from simply six months in the past, because the fintech agency doubles down on synthetic intelligence-powered monetary software program.
The newest funding spherical was led by New York enterprise capital agency Addition, with funding from funds together with Baillie Gifford, Hummingbird, QED Buyers, T. Rowe Value, Washington College in St. Louis and Amex Ventures.
Airwallex additionally reported its annualized income surged 74% from a yr in the past to $1.3 billion in March, whereas annualized transaction quantity greater than doubled from a yr earlier. Greater than 90% of its income got here from clients utilizing a couple of Airwallex product, the corporate mentioned.
The corporate plans to make use of the funds to speed up product growth in autonomous finance and agentic commerce, broaden its regulatory footprint into new markets, and develop the groups constructing its next-generation AI-native monetary software program.
Airwallex gives multi-currency fee providers to international companies, together with McLaren, Qantas, Canva and Shein. The corporate was final valued at $8 billion after elevating $330 million in a December funding round additionally led by Addition.
Alongside the elevate, the corporate additionally introduced two new AI-focused merchandise.
One, known as T:0, is an AI-native platform designed to automate company finance capabilities, together with bookkeeping, tax, compliance and reporting. The product is at present in personal beta and may very well be made extra extensively accessible within the coming weeks.
The second product, Airi, is an agentic shopper pockets that Airwallex mentioned will finally assist delegated agent funds, spending limits, permission controls and multi-currency balances.
Airwallex has obtained greater than 85 licenses throughout North America, Europe, the Center East, and Asia-Pacific, which it mentioned positions it to assist the rising agentic financial system.
“The licenses, native community integrations, and settlement rails we spent ten years developing are exactly the form of infrastructure it wants,” co-founder and CEO Jack Zhang mentioned in an announcement. “This new capital lets us transfer quicker into Airwallex’s subsequent chapter.”
Zhang told the Australian Financial Review in a current interview that the brand new financing may enable the corporate to delay a public itemizing, as funding in AI growth has made its margins “too unstable to go public.”
Based in Australia in 2015, Airwallex has confronted rising scrutiny over its ties to China. The corporate, headquartered in San Francisco and Singapore, has 27 workplaces globally, together with in Shanghai, Beijing and Shenzhen, and is backed by Australian enterprise capital companies and Chinese language buyers, together with Tencent and HongShan Capital, previously generally known as Sequoia China.
In December, outstanding Silicon Valley investor Keith Rabois, who can be a board member of rival U.S. fintech Ramp, accused Airwallex of being a “Chinese backdoor into sensitive American data.”
The corporate has rejected these allegations. Zhang, in a current statement, described them as “wild and completely unfounded conspiracy theories,” saying American clients’ knowledge is saved within the U.S. and inaccessible to workers primarily based in China or Hong Kong.
