What Airwallex does
Airwallex describes itself as an AI native financial operating system for modern businesses.[1] Airwallex's products include payment acceptance, billing, global accounts, corporate cards and spend management, according to the company.[1] In June 2026 Airwallex announced T:0, an AI-native platform designed to run a business's full finance function, and Airi, an agentic consumer wallet.[1] Airwallex says it holds 85+ licenses across North America, Europe, the Middle East and Asia-Pacific.[1]
Business model and customers
Airwallex says it serves more than 676,000 businesses, directly or through platform customers.[1] Airwallex reached $1.3 billion in annualized revenue in March 2026, up 74% year over year, and $287 billion in annualized transaction volume, according to the company.[1] More than 90% of Airwallex's revenue comes from customers using more than one Airwallex product, the company said in June 2026.[1] President Lucy Liu told Fortune in August 2026 that Airwallex was EBITDA positive.[2]
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Recent changes
- Aug 20, 2026Aug 20, 2026Airwallex Bets on Autonomous Finance, Delays IPO Timing Pulse story
- Jun 25, 2026Jun 25, 2026Raised $320M Series H Airwallex
- Jun 25, 2026Jun 25, 2026New investor: T. Rowe Price Airwallex
- Jun 25, 2026Jun 25, 2026New investor: Addition Airwallex
- Jun 25, 2026Jun 25, 2026New investor: American Express Ventures Airwallex
Funding History
1 event · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Jun 25, 2026 | Series H | $320M | — | AdditionLeadFortuneBaillie GiffordFortuneT. Rowe PriceFortuneAmerican Express VenturesFortune · unverifiedHummingbirdunverifiedQED InvestorsunverifiedHedosophiaunverifiedHaun VenturesunverifiedWashington University in St. Louis | Airwallex |
How Airwallex has been funded
Airwallex raised $330 million in an Addition-led round in December 2025 at an $8 billion valuation, as reported by Fortune.[2] Airwallex raised a $320 million Series H on June 25, 2026, at an $11 billion valuation.[1] Returning investor Addition led the Airwallex Series H, with Baillie Gifford, Hummingbird, QED Investors, T. Rowe Price, Hedosophia, Haun Ventures, Washington University in St. Louis and Amex Ventures participating.[1] Airwallex said the Series H will fund product development in autonomous finance and agentic commerce.[1]
Investors and their roles
- Addition (led the Series H, Jun 2026; led the $330M round, Dec 2025)[1],[2]
- Baillie Gifford (Series H, Jun 2026)[1]
- T. Rowe Price (Series H, Jun 2026)[1]
- Haun Ventures (Series H, Jun 2026)[1]
- Hummingbird, QED Investors and Hedosophia (Series H, Jun 2026)[1]
- Amex Ventures and Washington University in St. Louis (Series H, Jun 2026)[1]
Investors
Latest Pulse
- Sep 30, 2026Miami's Jeeves Raises $110M For Stablecoin BankingMiami-based Jeeves raised $110 million in equity funding led by CoinFund to scale its stablecoin-native banking platform and launch a wallet making payouts across 190 countries.→
- Aug 20, 2026Airwallex Bets on Autonomous Finance, Delays IPO TimingAirwallex is repositioning from cross-border payments into an AI-native financial operating system focused on autonomous finance, while president Lucy Liu says it still targets IPO-readiness by year-end.→
Coverage Timeline
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Airwallex FAQ
How much has Airwallex raised?
Value Add VC tracks $650 million across 2 rounds for Airwallex: $330 million in December 2025 and a $320 million Series H in June 2026.[2],[1]
What is Airwallex's valuation?
Airwallex was valued at $11 billion in its $320 million Series H in June 2026, up from $8 billion in December 2025.[1]
Who invested in Airwallex?
Addition led Airwallex's June 2026 Series H, with Baillie Gifford, T. Rowe Price, Haun Ventures, QED Investors, Hedosophia, Hummingbird, Amex Ventures and Washington University in St. Louis participating.[1]
Who founded Airwallex?
Airwallex was founded in Melbourne in 2015; its founders are CEO Jack Zhang and Max Li.[1],[2]
Where is Airwallex based?
Airwallex is co-headquartered in San Francisco and Singapore, with over 2,300 employees across 27 offices as of June 2026.[1]
References
researched 2026-10-19Sources & methodologyshow
Where these figures come from
- Airwallexprimary source1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.