Airwallex Secures US$330 Million in Series G Funding, Achieving Valuation of US$8 Billion
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Author:小编   

Exclusive news brought to you by 36Kr: On December 8th, Airwallex, a modern enterprise financial platform, officially declared the successful completion of its Series G funding round. During this round, the company raised an impressive US$330 million, propelling its valuation to a staggering US$8 billion. This valuation represents a nearly 30% increase compared to the Series F funding round it secured six months prior.

This particular funding round was spearheaded by Addition, with significant participation from a host of well - known European and American institutions. These include T. Rowe Price, Activant, Lingotto, Robinhood Ventures, and TIAA Ventures.

The capital raised in this round will be strategically utilized. Airwallex plans to expedite its expansion efforts in the U.S. market as well as in other key global markets. Additionally, the company aims to bolster its AI recruitment initiatives and enhance product development.

In a significant move, Airwallex also unveiled the establishment of its second global headquarters, this time in San Francisco. This follows the company's previous move of setting up a global headquarters in Singapore. The company has ambitious plans to double the size of its U.S. team to over 400 employees within the next 12 months. Moreover, it intends to expand its San Francisco office to accommodate this growth.

Looking ahead, Airwallex anticipates investing over US$1 billion in the U.S. market from 2026 to 2029. This substantial investment will be directed towards business operations and talent recruitment.

At present, Airwallex's annualized revenue has soared past the US$1 billion mark, marking a remarkable 90% year - over - year increase. The annualized transaction volume has also seen significant growth, exceeding US$235 billion and doubling on a year - over - year basis. The company boasts an extensive customer base, serving over 200,000 customers. It holds 80 global licenses and supports operations in more than 200 countries and regions.