Singapore-based fintech firm Airwallex has raised US$300 million in a Series F funding round, raising its valuation to US$6.2 billion. The round includes US$150 million in secondary share transfers.

The new investment, which brings Airwallex’s total funding to more than US$1.2 billion, comes from Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and several leading pension funds in Australia. Visa Ventures also joins as a strategic investor.

Airwallex will use the additional capital to expand its global infrastructure into new markets and continue refining and scaling its software.

“The global financial system wasn’t built for today’s borderless economy,” says Airwallex co-founder and chief executive officer Jack Zhang. “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 finance, and to empower businesses everywhere to grow without limits.”

In March 2025, Airwallex recorded US$720 million in annualized revenue, up 90% year-on-year, and exceeded US$130 billion in global annualized payments volume. Last year the company grew its customer base by 50%, and it is now serving 150,000 businesses worldwide. It expects to hit US$1 billion in annual run-rate revenue this year.

Airwallex has seen accelerated growth in the Americas and EMEA regions over the past four years, with gross profit rising at a compound annual growth rate of more than 250% in both regions. In 2024, Airwallex moved into a permanent US headquarters in San Francisco and recently opened new offices in New York and Toronto.

After acquiring a payment institution licence in Brazil and approval to close its acquisition of MexPago, a Mexico-based payment service provider, Airwallex is poised to launch services in the two markets.

In Europe, Airwallex recently opened a new office in Paris and made a series of senior hires in London and Amsterdam. In the Middle East, Airwallex made its first hires in the United Arab Emirates – particularly in Abu Dhabi and Dubai – and continued to grow strongly in Israel.

Airwallex will use the funding to continue expanding its financial infrastructure into new markets including Japan, Korea, the UAE, and Latin America, and to accelerate go-to-market efforts in Europe, North America, and Southeast Asia.