Airwallex lands $330m to boost AI finance platform

Airwallex

Airwallex, a global financial platform for modern businesses, has raised fresh capital of $330m strengthen its international expansion and accelerate product innovation.

Founded in Australia in 2015, the company provides services to help firms operate across borders more efficiently, and currently employs more than 2,000 people around the world.

The FinTech company has secured $330m in a Series G investment round. The funding was led by Addition, with backing from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures. The new investment values the business at $8bn, marking a near 30% increase since its previous Series F round six months earlier.

Airwallex offers a unified platform for global business banking, cross-border payments, treasury, billing and spend management, built on its own proprietary financial infrastructure. The company holds more than 80 licences and permits worldwide, enabling customers to manage multi-currency operations and access financial services in over 200 countries and regions. In 2025 it widened its regulated footprint and launched local capabilities in a dozen new markets, including France, Canada, Israel, Japan, Brazil and Mexico.

The new funding will largely support growth in the US and other key regions. Airwallex plans to deploy more than $1bn from 2026 to 2029 to expand its US operations, attract talent and increase its technology investment. The FinTech has also announced a second global headquarters in San Francisco to position core teams closer to the centre of the global AI ecosystem. The company expects to double its US headcount to more than 400 over the coming year and significantly increase its physical presence.

The firm highlighted strong business performance in 2025, citing annualised revenue exceeding $1bn in October, up 90% year-on-year, and annualised transaction volume surpassing $235bn, doubling over the same period. Around half of its customer base now uses multiple products.

Airwallex CEO Jack Zhang said, “We believe the future of global banking will be borderless, real-time, and intelligent.” Zhang added, “Legacy providers are fundamentally incompatible with how modern businesses operate, and our investors understand that we’re pulling ahead in the race to define this category. We’re building a modern alternative, a single platform that powers global banking, payments, billing, treasury, and spend on top of proprietary financial infrastructure. This capital will accelerate our growth, extend our technical leadership, and strengthen our position in the U.S. and across key markets worldwide.”

Addition’s Lee Fixel said, “Airwallex is reshaping the global business banking landscape. The traditional financial system wasn’t built for borderless businesses, and Airwallex is uniquely equipped to solve this challenge. With its global financial infrastructure, software and AI capabilities, the company is exceptionally well positioned to lead the future of global business banking.”

The business is developing a suite of specialised AI tools, including agents designed to automate financial workflows such as spend management, policy checks and month-end processing. The first of these tools, the Expense Submission Agent, is already live.

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