Kuala Lumpur: Airwallex, a global payments and financial platform for modern businesses, has completed a US$300 million Series F funding round at a US$6.2 billion valuation. (US$1=RM4.25)

According to BERNAMA News Agency, the round includes US$150 million in secondary share transfers and increases the company’s total funding to over US$1.2 billion. This funding round received support from existing investors like Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and several major Australian pension funds. Visa Ventures also joined the round as a strategic investor.

Airwallex co-founder and CEO, Jack Zhang, highlighted the necessity for a modern financial system, mentioning that outdated infrastructure can impede business progress. “At Airwallex, we are building a new foundation for the global economy-one that’s fast, seamless, and built for scale,” he expressed in a statement.

The company plans to utilize the additional capital to expand its global infrastructure into new markets and continue refining and scaling its software to enable businesses to operate efficiently across regions.

In March 2025, Airwallex reported US$720 million in annualized revenue, marking a 90 percent year-over-year increase, with expectations to reach US$1 billion by the end of the year. The company also surpassed US$130 billion in annualized payments volume and expanded its customer base to 150,000 businesses worldwide.

Growth has been particularly robust in the Americas and Europe, the Middle East, and Africa (EMEA), where gross profit grew at a compound annual growth rate (CAGR) of over 250 percent over the past four years. The company has recently opened offices in San Francisco, New York, Toronto, and Paris, and initiated operations in the United Arab Emirates (UAE), while also securing regulatory approvals in Brazil and Mexico.

With the new funding, Airwallex intends to further expand into Japan, Korea, the UAE, and Latin America, while accelerating go-to-market strategies in Europe, North America, and Southeast Asia.

Airwallex’s proprietary infrastructure allows businesses to open local accounts in over 60 countries and transfer funds across more than 150 countries, with 95 percent of transactions arriving within hours and 68 percent processed instantly. The platform also provides global business accounts, payment processing, expense management, and embedded financial services, all designed to support companies scaling across international markets.