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Airwallex - About the company

Airwallex is a series H company based in San Francisco (United States), founded in 2015 by Jack Zhang, Ki Lok Wong, Jacob Dai, Lucy Yueting Liu and Max Li. It operates as a Provider of financial infrastructure for processing payments and managing treasury. Airwallex has raised $1.9B in funding from investors like Tencent, Lone Pine Capital and Addition, with a current valuation of $11B. The company has 3918 active competitors, including 359 funded and 284 that have exited. Its top competitors include companies like Payoneer, Remitly and Flutterwave.

Sectors and market segments that Airwallex operate in

Airwallex serves in the FinTech market segments.The primary business model of Airwallex are:

Company Details

Provider of financial infrastructure for processing payments and managing treasury. This platform enables businesses to accept payments, issue corporate cards, and manage expenses through integrated software. It facilitates currency conversion, international fund transfers, and automated billing processes. The system provides application programming interfaces for embedding financial services into other software products. It supports account management, payout distribution, and reconciliation workflows for commercial operations.
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Email ID
*****@airwallex.com
Phone Number
+1 **********
Key Metrics
Founded Year
2015
Location
San Francisco, United States
Stage
Series H
Total Funding
$1.9B in 15 rounds
Latest Funding Round
Post Money Valuation
$11B as on Jun 25, 2026
Investors
Ranked
Employee Count
2,865 as on Aug 31, 2026
Investment & Acquisitions
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Airwallex's funding and investors

Airwallex has raised a total funding of $1.9B over 15 rounds. Its first funding round was on Jul 05, 2016. Its latest funding round was a Series H round on Jun 25, 2026 for $320M. 9 investors participated in its latest round. Airwallex has 54 institutional investors.

Here is the list of recent funding rounds of Airwallex:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 25, 2026
$320M
Series H
$11B
-
Dec 08, 2025
$330M
Series G
$8B
-
May 21, 2025
$150M
Series F
$6.2B
-
-
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Airwallex's founders and board of directors

Founder? Claim Profile
The founders of Airwallex are Jack Zhang, Ki Lok Wong, Jacob Dai, Lucy Yueting Liu and Max Li. Jack Zhang is the CEO of Airwallex.
Here are the details of Airwallex's key team members:

Airwallex's employee count trend

Airwallex has 2,865 employees as of Aug 26. Here is Airwallex's employee count trend over the years:
Employee count trend for Airwallex
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Airwallex's Competitors and alternates

Top competitors of Airwallex include Payoneer, Remitly and Flutterwave. Here is the list of Top 10 competitors of Airwallex, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Payoneer
Payoneer
2005, New York City (United States), Acquired
Provider of cross-border payment solutions for freelancers, businesses, and marketplaces
$269M
84/100
2nd
Logo for Remitly
Remitly
2011, Seattle (United States), Public
Provider of international money transfer services with multiple delivery options
$436M
84/100
3rd
Logo for Flutterwave
Flutterwave
2016, San Francisco (United States), Series E
Provider of payment solutions for online and physical business transactions
$489M
83/100
4th
Logo for Airwallex
Airwallex
2015, San Francisco (United States), Series H
Provider of financial infrastructure for processing payments and managing treasury
$1.9B
83/100
5th
Logo for Wise
Wise
2011, Shoreditch (United Kingdom), Public
Provider of international money transfer and multi-currency
$397M
82/100
6th
Logo for Ebury
Ebury
2009, London (United Kingdom), Acquired
Provider of global payment solutions, currency risk management, and business lending
$374M
79/100
7th
Logo for PayU
PayU
2002, Amsterdam (Netherlands), Funding Raised
Provider of online payment solutions and financial services for businesses
-
79/100
8th
Logo for Venmo
Venmo
2009, New York City (United States), Acquired
Provider of a platform for sending and receiving payments between users
$1.3M
76/100
9th
Logo for Thunes
Thunes
2016, Singapore (Singapore), Series D
Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions
$362M
73/100
10th
Logo for Tipalti
Tipalti
2010, Foster City (United States), Series F
Cloud-based procurement and invoice management solutions for businesses
$553M
73/100
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Airwallex's Investments and acquisitions

Airwallex has made 4 investments in companies including Metal and Kintsugi. Airwallex has also acquired 8 companies including Leapfin and Paynuri.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jun 26, 2026
Investments
2026
San Francisco (United States)
Jun 11, 2026
Acquisition
2015
San Mateo (United States)
Jan 20, 2026
Acquisition
2014
Seoul (South Korea)
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Reports related to Airwallex

Here is the latest report on Airwallex's sector:

News related to Airwallex

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Media has covered Airwallex for a total of 102 events in the last 1 year, 49 of them have been about company updates and 13 about partnerships.
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