K&L Gates Facilitates Airwallex's $300 Million Series F Funding

2025-05-26 community

Amsterdam, Monday, 26 May 2025.
Airwallex raises $300 million, reaching a $6.2 billion valuation, highlighting significant growth in the fintech sector and investor confidence. Square Peg led the round.

Key Stakeholders and Investors

The successful Series F round, led by Square Peg, included existing stakeholders like Lone Pine Capital and Tencent, along with new investors such as Blackbird Ventures, Airtree Ventures, Radar Ventures, and Visa Ventures. The total funding of Airwallex now exceeds $1.2 billion, positioning the company to significantly expand its market offerings and infrastructure [2][6].

Strategic Expansion and Growth

Airwallex plans to leverage this funding to enhance its financial infrastructure and accelerate expansion into key global markets including Japan, Korea, the UAE, and Latin America. The investment will also bolster the company’s growth initiatives in Europe, North America, and Southeast Asia, catering to a growing demand for robust financial solutions [6][7].

Performance Metrics and Future Projections

With an impressive 90% year-over-year increase in revenue reaching $720 million as of March 2025, Airwallex aims to achieve a $1 billion annual revenue run rate within the year. This growth underscores the company’s capability in processing cross-border transactions efficiently, enabling businesses globally to manage financial services seamlessly [5][8].

Implications for the Fintech Industry

The latest funding round and current valuation underscore a high level of investor confidence in fintech innovations, particularly within the payments and global banking sectors. This also highlights a shifting industry landscape where traditional financial infrastructures are being renewed to support increasingly globalized economies [3][4].

Bronnen

funding venture capital