Airwallex

Multi-currency business accounts, cross-border payments and foreign exchange for businesses. The platform also covers payment acceptance, cards, spend management and treasury, and offers APIs for embedding these services.

VP50 · #50FintechCross-border payments and business financial platformSan Francisco, United States

FoundersSince 2015

Valuation: $11B
Total raised: $1.8B
Last round · Jun 2026: Series H
Founded: 2015
Employees: 2,300
Quarters in VP50: 5

Valuation

Airwallex priced rounds
Round	Date	Post-money valuation	Raised	Led by
Series D	Apr 16, 2020	$1.8B	$160M	Unknown
Series D extension	Sep 29, 2020	$1.8B	$40M	Unknown
Series D extension	Mar 23, 2021	$2.6B	$100M	Greenoaks
Series E	Sep 20, 2021	$4.0B	$200M	Lone Pine Capital
Series E1	Nov 18, 2021	$5.5B	$100M	Lone Pine Capital
Series E2	Oct 10, 2022	$5.5B	$100M	Unknown
Series F	May 21, 2025	$6.2B	$300M	Unknown
Series G	Dec 8, 2025	$8.0B	$330M	Addition
Series H	Jun 25, 2026	$11B	$320M	Addition

Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated Oct 15, 2026

In VP50

Q4 2023: no place
Q1 2024: no place
Q2 2024: no place
Q3 2024: no place
Q4 2024: no place
Q1 2025: no place
Q2 2025: #48
Q3 2025: #48
Q4 2025: no place
Q1 2026: no place
Q2 2026: no place
Q3 2026: no place
Q4 2026: #50

Place by quarter since Q4 2023. Best place #47, in Q3 2023.

Funding rounds

DateRound · leadRaisedValuation

Jun 25, 2026Series H · Addition$320M$11B

Dec 8, 2025Series G · Addition$330M$8.0B

May 21, 2025Series F$300M$6.2B

Oct 10, 2022Series E2$100M$5.5B

Nov 18, 2021Series E1 · Lone Pine Capital$100M$5.5B

Sep 20, 2021Series E · Lone Pine Capital$200M$4.0B

Mar 23, 2021Series D extension · Greenoaks$100M$2.6B

Sep 29, 2020Series D extension$40M$1.8B

Apr 16, 2020Series D$160M$1.8B

Mar 25, 2019Series C · DST Global$100M—

Jul 3, 2018Series B · Sequoia China, Tencent$80M—

Dec 18, 2017Series A+$6M—

May 1, 2017Series A · Tencent$13M—

Jul 5, 2016Pre-Series A · Gobi Partners$3M—

Signals

Sep 21, 2026Reports say Airwallex IPO rumoured for 2027 as China-links row clouds 2026 listingIPO talk
Sep 17, 2026House China committee chair asks Treasury to assess Airwallex's China ties as a data riskLegal and regulatory
Aug 20, 2026Airwallex president says IPO-ready by end-2026 is still the aim, but timing is not idealIPO talk
Aug 20, 2026Airwallex president says the company is EBITDA positive and serves over 675,000 businessesMilestone
Apr 18, 2026Airwallex and Stripe Intensify Competition Amidst Airwallex's Rapid Growth and Global Licensing ExpansionMilestone

Team

Jack Zhang
Co-founder, CEO
Lucy Liu
Co-founder, President
Max Li
Co-founder, Head of design
Jacob Dai
Co-founder, CTO
Ki-lok Wong
Co-founder
Pranav Sood
CFO
Carolyn Renzin
Chief regulatory and compliance officer
Jeanette Chan
Chief legal officer

#6Fintech

Airwallex

Valuation

In VP50iAI OverviewAirwallex held place 48 in Q2 and Q3 2025 and place 50 in Q4 2026, with no place in the editions between. Its best place was 47 in Q3 2023, among 5 editions since Q2 2023.

Funding rounds

Signals

Team

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Ramp

In VP50