rewrite this title Business Financial Management Heats Up as Airwallex Brings in $330 Million – Finovate

Airwallex has raised $330 million at an $8 billion valuation, boosting its total funding to $1.5 billion and setting up a major US expansion with a new San Francisco headquarters.

The company’s business performance is rising, with annualized revenue surpassing $1 billion, transaction volume doubling to $235 billion, and half of its customers using multiple Airwallex products.

The company is positioning itself as the backbone of global, AI-powered finance, expanding regulatory coverage to 80 licenses worldwide.

Global commercial payments and financial platform Airwallex has captured fintech’s attention with its new funding round today. The Singapore-based company closed a $330 million Series G round at an $8 billion valuation, which is 30% higher than its valuation six months ago at its Series F round.

Led by Addition with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures, and TIAA Ventures, the round boosts Airwallex’s total funding to $1.5 billion and will allow the company to create AI agents and fuel product development. The company will also use the investment to fuel its global growth, including in the US.

As part of this, Airwallex has established a second headquarters location in San Francisco and will invest $1 billion from 2026 to 2029 to scale its US operations, attract new employees, and expand its physical footprint and brand awareness.

“We believe the future of global banking will be borderless, real-time, and intelligent,” said Airwallex CEO and co-founder Jack Zhang. “Legacy providers are fundamentally incompatible with how modern businesses operate, and our investors understand that we’re pulling ahead in the race to define this category. We’re building a modern alternative, a single platform that powers global banking, payments, billing, treasury, and spend on top of proprietary financial infrastructure. This capital will accelerate our growth, extend our technical leadership, and strengthen our position in the U S and across key markets worldwide.”

Airwallex’s new round comes during a time of not only geographical expansion, but also significant growth in business performance and platform adoption. The company’s annualized revenue surpassed $1 billion in October, marking 90% year-over-year growth, while its annualized transaction volume doubled to more than $235 billion. Product depth is also increasing, with approximately half of all customers now using multiple Airwallex products, a sign of expanding product-market fit and stickiness.

Airwallex has also strengthened its global regulatory footprint, holding 80 licenses and permits that enable customers to operate in 200+ countries and regions and support multi-currency checkout at scale. In 2025 alone, the company extended its regulated and local capabilities across 12 new markets, securing licenses and launching products in France, the Netherlands, Israel, Canada, Korea, Japan, New Zealand, Malaysia, Vietnam, Brazil, Mexico, the UAE, and more.

As Airwallex scales its infrastructure, footprint, and product suite, investors see the company as a foundational layer for the next era of global business banking. Addition’s Lee Fixel captured this shift, noting that “Airwallex is reshaping the global business banking landscape. The traditional financial system wasn’t built for borderless businesses, and Airwallex is uniquely equipped to solve this challenge. With its global financial infrastructure, software and AI capabilities, the company is exceptionally well positioned to lead the future of global business banking.”

As mentioned earlier, part of today’s investment will help Airwallex build a team of AI agents for financial workflows to eventually create a fully autonomous finance department. The agents will leverage behavioral and transactional data to automate multi-step operations such as expense approvals, policy checks, and end-to-end task orchestration. The company estimates that it will employ hundreds of agents across its platform.

“As AI lowers software costs, infrastructure and data become the ultimate differentiator,” Zhang added. “Airwallex connects the full spectrum of a customer’s financial operations – money in, money out, and everything in between, giving our agents the contextual data to execute with precision. This proprietary visibility, built on our scalable financial infrastructure, is what powers agentic finance.”

Photo by Mikhail Nilov

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