Sydney: Airwallex, a prominent global payments and financial platform for modern businesses, has successfully completed a US$300 million Series F funding round, elevating its valuation to US$6.2 billion. This round includes US$150 million in secondary share transfers and brings Airwallex’s total funding to more than US$1.2 billion.

According to BERNAMA News Agency, the new investment attracted participation from Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and several leading pension funds in Australia. Visa Ventures has also joined as a strategic investor. Airwallex plans to utilize this additional capital to expand its global infrastructure into new markets and to continue enhancing and scaling the software that enables businesses to operate anywhere, anytime.

Jack Zhang, co-founder and CEO of Airwallex, emphasized the company’s mission to address the shortcomings of the current financial system. Zhang stated, ‘The global financial system wasn’t built for today’s borderless economy. Too many businesses are held back by legacy infrastructure that’s slow, costly, and fragmented. At Airwallex, we’re building a new foundation for the global economy – one that’s fast, seamless, and built for scale. This investment marks a major milestone in our journey to redefine global banking, and to empower businesses everywhere to grow without limits.’