Airwallex raises 265M at 5.5B valuation; plans to accelerate Europe expansion after opening new Paris office - Silicon Canals
Briefly

Airwallex, a San Francisco-based financial platform, has raised $300 million in Series F funding, increasing its valuation to $6.2 billion. The round included significant investments from various venture capital firms along with Visa Ventures as a strategic investor. Utilizing this fresh capital, Airwallex plans to expand its financial infrastructure into new regions including Japan, Korea, UAE, and Latin America, and to boost its market presence in Europe and North America. The company has seen remarkable growth, with annualized revenue hitting €635 million, marking a 90% increase year-on-year and a substantial customer base expansion to 150,000 businesses.
Airwallex has successfully completed a $300 million funding round, pushing its valuation to $6.2 billion, while planning for further global expansion.
With annualized revenue reaching €635 million and 130 billion in global payments volume, Airwallex shows substantial growth and ambitious targets for the near future.
Read at Silicon Canals
[
|
]