Airwallex

Global payments and financial infrastructure.

airwallex.com

HQ: Melbourne, Australia

FinTech

Company research

Public company, workplace, funding, and market signals

Updated Mar 30, 2026

Overview

Airwallex is a privately held, Melbourne-founded fintech that provides API-first global payments, banking, treasury, spend-management and embedded-finance infrastructure. It is evolving into an AI-native financial operating system for businesses operating across borders.

Primary product

Unified global financial platform: multi-currency business accounts and transfers, payment acceptance, corporate cards, expenses, bill pay, billing, treasury/yield and embedded-finance APIs.

Founded

2015

Headquarters

Dual headquarters: San Francisco, United States and Singapore.

Team size

Over 2,300 employees across 27 offices (mid-2026).

Work style

Hybrid

Industry

Financial services / fintech

Sub-industry

Global payments, business banking, treasury, spend management and embedded finance

Offices

San Francisco

Singapore

Melbourne

Sydney

New York

London

Amsterdam

Paris

Toronto

Hong Kong

Business model

B2B financial software subscriptions and account fees

Payment processing and acquiring fees

Foreign-exchange and international-transfer fees

Corporate-card and spend-management fees

Treasury/yield products

Embedded-finance/API and platform fees

Billing and usage-based pricing infrastructure

Funding

Stage

Late-stage private / Series H; generating revenue

Total raised

$1.8B

Latest round

Series H · Jun 2026

Latest amount

$320M

Series G — US$330,000,000 (Dec 8, 2025) — post‑money valuation US$8.0B [Airwallex newsroom; Bloomberg]

Dec 2025 · Addition (lead)

$330M

Series F — US$300,000,000 (May 21, 2025) — post‑money valuation US$6.2B [Airwallex newsroom; Bloomberg]

May 2025 · Syndicate (Square Peg, DST Global, Lone Pine Capital and others)

$300M

Series F — US$200,000,000 (reported March 2023 tranche; investor syndicate reported) [Tracxn / company reporting]

Mar 2023 · Syndicate including DST Global, Index Ventures, Balderton, Concord, others (per round reporting)

$200M

Series E — US$100,000,000 (extension reported Oct 2022; valuation sustained ~US$5.5–5.6B) [Airwallex newsroom; TechCrunch]

Oct 2022 · Hermitage Capital (extension participation)

$100M

Series D — extension / additional raises (2020–2021) — US$100,000,000 (extension) — valuation after extension: US$2.6B [Airwallex newsroom; PR Newswire]

Mar 2021 · Extension participation (various existing/new investors)

$100M

Series D — further extension/total Series D tranches (aggregate reporting: US$200M reported for the period) [Airwallex newsroom]

Sep 2020 · Consortium/extensions (see tranche items)

$200M

Series D (initial tranche) — US$160,000,000 (April 2020) [TechCrunch]

Apr 2020 · Syndicate including ANZ/ANZi-linked investors, Salesforce Ventures, DST Global, Tencent, Sequoia China, Hillhouse

$160M

Series C — US$100,000,000 (led by DST Global; Airwallex reached unicorn status) [TechCrunch]

Mar 2019 · DST Global

$100M

Series B — US$80,000,000 (closed) [Airwallex newsroom; TechCrunch]

Jul 2018 · Tencent and Sequoia China (led/participated)

$80M

December 2017 — Funding round (reported) [TechCrunch]

Dec 2017 · Various early investors (reported)

$6M

Seed — reported founder/angel seed (~$1.0M, ~20% equity) [source: LinkedIn post] (post‑money implied ~$5.0M)

Early individual/angel investor (reported)

$1M

People & investors

Leadership

Jack Zhang

Co-Founder & CEO

Lucy Yueting Liu

Co-Founder & President

Jacob Dai

Co-Founder & CTO

Max Li

Co-Founder

Pranav Sood

Chief Financial Officer

Founders

Jack Zhang — Co‑Founder and CEO, Airwallex [LinkedIn](https://www.linkedin.com/in/jack-zhang-05200222)

Co‑Founder and CEO, Airwallex

Ki-lok Wong

Co-founder

Ki‑lok Wong — Co‑Founder, Principal Architect (no public LinkedIn profile located)

Co‑Founder; Principal Architect (no public LinkedIn found)

Lucy Yueting Liu — Co‑Founder and President, Airwallex [LinkedIn](https://sg.linkedin.com/in/awxlucy)

Co‑Founder and President, Airwallex

Max Li — Co‑Founder and Head of Design, Airwallex [LinkedIn](https://www.linkedin.com/in/maxbydesign)

Co‑Founder and Head of Design, Airwallex

Xijing (Jacob) Dai — Co‑Founder and CTO, Airwallex [LinkedIn](https://www.linkedin.com/in/jacob-dai-615956110)

Co‑Founder and CTO, Airwallex

Investors

1835i (abrdn/1835i) — (vc / institutional) [investor list]

Activant Capital

Addition

Addition — (vc) [source: Airwallex Series G announcement]

AirTree Ventures

AirTree Ventures — (vc) [investor list]

Alibaba Entrepreneurs Fund

Alibaba Entrepreneurs Fund — (accelerator / corporate-linked) [early participation]

Amex Ventures

Baillie Gifford

Balderton Capital — (vc) [listed in tranche reporting]

Blackbird Ventures

Blackbird Ventures — (vc) [investor list]

DST Global

DST Global — (vc) [listed in multiple rounds/coverage]

G Squared

G Squared — (vc) [round reporting]

Gobi Partners

Gobi Partners — (vc) [early-stage investor]

Greenoaks

Greenoaks / Grok / Skip Capital (additional growth investors listed across rounds) — (vc / other) [aggregate investor reporting]

Greenoaks Capital — (vc) [round coverage]

Haun Ventures

Hedosophia

Hermitage Capital Management — (vc) [Series E extension reporting]

Hillhouse

Hillhouse Capital — (private equity / institutional) [participated in early rounds]

Horizons Ventures

Horizons Ventures — (vc / family office) [early investor]

Hostplus

Work & culture

Public careers material emphasizes ambitious, mission-driven work, global collaboration, ownership, speed, technical excellence and a strong in-office community. The company describes its model as hybrid, with location-specific in-office requirements; one San Francisco engineering role requires three office days weekly.

Work style

Hybrid

Visa sponsorship

Limited

Compensation

Public postings show location-specific salary bands plus equity and bonuses; an example US Staff Software Engineer, AI Tooling role listed $200,000-$280,000, equity and bonus. Public US immigration records indicate Airwallex filed H-1B petitions, but sponsorship is role- and location-dependent rather than universal.

Benefits

Medical, dental and vision insurance in the US

401(k) where applicable

Short- and long-term disability and life insurance

20 paid vacation days and 12 company holidays for US employees

Mental-health support

Country-specific paid leave and holidays

Equity/RSUs and annual equity refreshes

Performance bonuses or sales incentives

Parental and family benefits

Well-being benefits

Hybrid offices, lunches, socials and community programming

Product & market

Pricing

Tiered plans with monthly pricing, usage and transaction fees, foreign-exchange/payment charges, and custom pricing for high-volume, Platform API and embedded-finance use cases.

Differentiators

—One integrated platform spanning accounts, payments, FX, cards, expenses, treasury, billing and embedded finance
—API-first infrastructure and financial licenses across 85+ jurisdictions or markets
—Multi-currency local accounts and global payment acceptance
—Software layer combined with proprietary payment and settlement infrastructure
—Global operating footprint for businesses expanding across borders
—AI-native finance initiatives including T:0, AgentOS, Kai and Airi

Technology

Java

Kotlin

Rust

Python

C/C++

Vert.x

Temporal

Kafka

AWS

Google Cloud Platform

Aliyun

Docker

Kubernetes

Istio

PostgreSQL

Redis

Elasticsearch

NGINX/OpenResty

Envoy

Customers

TikTok

Brex

Rippling

Navan

Qantas

SHEIN

Canva

McLaren

Airwallex platform customers and more than 676,000 businesses directly or through platform customers

Competitors

Stripe

Wise

Payoneer

PayPal

Ramp

Brex

Adyen

Airbase

EBANX

Paystack

Scale & contact

Estimated revenue

Approximately $1.3B-$1.4B annualized revenue as of March 2026; company-reported, not audited annual revenue.

Estimated monthly visits

5.6M

Traffic estimate as of Jun 2026

support@airwallex.com +61 3 8620 9014

Signals & risks

Acquisition

Sep 2025

Acquired San Francisco billing and payment-orchestration company OpenPay to add billing, revenue analytics and usage-based pricing capabilities.

Source

Acquisition

Jan 2026

Acquired South Korea’s Paynuri, obtaining payment-gateway, prepaid-electronic-payment and foreign-exchange registrations for direct Korean operations.

Source

Acquisition

Jun 2026

Acquired Leapfin, adding revenue-recognition and reconciliation capabilities to its financial operating system.

Source

Other

Jan 2026

AUSTRAC reportedly raised serious AML/CTF compliance concerns and required an extensive audit of Airwallex’s identity-verification and transaction-monitoring controls. This is a reported regulatory concern, not a finding of wrongdoing.

Source

Other

Dec 2025

A public dispute raised allegations about Chinese ownership/operations and potential access to sensitive US customer data; Airwallex rejected the allegations and said US customer data is stored in the US and inaccessible to China- or Hong Kong-based staff.

Source

Latest news

Airwallex secures $320 million in Series H funding, valuation hits $11 billion

Airwallex Newsroom · Jun 2026

Raised $320M led by Addition at an $11B valuation; announced T:0 and Airi; reported $1.3B annualized revenue and $287B annualized transaction volume as of March 2026.

Airwallex signals next phase of global scale with appointment of Chief Financial Officer

Airwallex Newsroom · Jun 2026

Appointed former Bain Capital growth investor and former Airwallex executive Pranav Sood CFO; announced major EMEA investment and hiring plans.

Airwallex acquires Leapfin, expanding financial lifecycle capabilities

Airwallex Newsroom · Jun 2026

Acquired Leapfin to add revenue recognition and reconciliation capabilities.

Airwallex launches 'Yield' treasury solution for US businesses (treasury product launch) [Crowdfund Insider]

Crowdfund Insider · Mar 2026

Airwallex launched a US treasury product enabling businesses to earn yield on idle cash via institutional MMFs (partnering with J.P. Morgan funds reported); marks material product expansion in the US market [Crowdfund Insider] (https://www.crowdfundinsider.com/2026/03/265785-global-fintech-airwallex-launches-treasury-solution-for-us-businesses).

Airwallex faces AUSTRAC probe ahead of planned IPO

Information Age / ACS · Jan 2026

Reported AUSTRAC AML/CTF concerns and a required audit, creating a regulatory and potential IPO-timing risk.

Jobs and careers at Airwallex

577 jobs at Airwallex

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