Acquired San Francisco billing and payment-orchestration company OpenPay to add billing, revenue analytics and usage-based pricing capabilities.
SourcePublic company, workplace, funding, and market signals
Updated Mar 30, 2026
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
626 jobs at Airwallex
Global payments, business banking, treasury, spend management and embedded finance
Offices
Business model
Stage
Late-stage private / Series H; generating revenue
Total raised
$1.8B
Latest round
Series H · Jun 2026
Latest amount
$320M
Dec 2025 · Addition (lead)
May 2025 · Syndicate (Square Peg, DST Global, Lone Pine Capital and others)
Mar 2023 · Syndicate including DST Global, Index Ventures, Balderton, Concord, others (per round reporting)
Oct 2022 · Hermitage Capital (extension participation)
Mar 2021 · Extension participation (various existing/new investors)
Sep 2020 · Consortium/extensions (see tranche items)
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
Series C — US$100,000,000 (led by DST Global; Airwallex reached unicorn status) [TechCrunch]
Mar 2019 · DST Global
Series B — US$80,000,000 (closed) [Airwallex newsroom; TechCrunch]
Jul 2018 · Tencent and Sequoia China (led/participated)
December 2017 — Funding round (reported) [TechCrunch]
Dec 2017 · Various early investors (reported)
Early individual/angel investor (reported)
Leadership
Co-Founder & CEO
Co-Founder & President
Co-Founder & CTO
Co-Founder
Chief Financial Officer
Founders
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)
Co‑Founder and President, Airwallex
Co‑Founder and Head of Design, Airwallex
Investors
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
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
Technology
Customers
Competitors
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
Acquired San Francisco billing and payment-orchestration company OpenPay to add billing, revenue analytics and usage-based pricing capabilities.
SourceAcquired South Korea’s Paynuri, obtaining payment-gateway, prepaid-electronic-payment and foreign-exchange registrations for direct Korean operations.
SourceAcquired Leapfin, adding revenue-recognition and reconciliation capabilities to its financial operating system.
SourceAUSTRAC 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.
SourceA 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.
SourceAirwallex 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 Newsroom · Jun 2026
Appointed former Bain Capital growth investor and former Airwallex executive Pranav Sood CFO; announced major EMEA investment and hiring plans.
Airwallex Newsroom · Jun 2026
Acquired Leapfin to add revenue recognition and reconciliation capabilities.
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).
Information Age / ACS · Jan 2026
Reported AUSTRAC AML/CTF concerns and a required audit, creating a regulatory and potential IPO-timing risk.
Co‑Founder and CTO, Airwallex