Airwallex Crosses $1bn Revenue Milestone as UK Expansion Accelerates

Airwallex Crosses $1bn Revenue Milestone as UK Expansion Accelerates

Airwallex, the global funds and banking platform, has crossed $1billion in annualised run charge income (ARR). The company acknowledged this is a big milestone in its mission to build the future of global banking, and it comes as the UK cements its place as one in all Airwallex’s fastest-growing markets.

The global $1billion milestone is the result of quickly accelerating development. According to the company, it took 9 years to achieve its first $500million in ARR, however the next $500million was achieved in just over one 12 months. At its current development charge of roughly 90 per cent year-on-year, Airwallex is on monitor to surpass $2billion in ARR within the next 12 months.

UK development and EMEA headquarters

Jack Zhang, co-founder and CEO of Airwallex

The milestone displays Airwallex’s growing development in the EMEA area, with the UK serving as a key driver of this expansion. The company reported that its UK income in the first half of 2025 grew by 109 per cent in comparison with the same interval last 12 months, outpacing development in its founding market of Australia and the wider APAC area. Its general headcount in EMEA grew by 35 per cent over the same interval.

To accommodate this speedy expansion, Airwallex has outgrown its Holborn workplace and purchased a new EMEA regional headquarters in Fitzrovia, London. The new workplace, which is over 16,000 sq ft, is more than double the measurement of its earlier house.

Jack Zhang, co-founder and chief govt officer of Airwallex, said: “We’ve hit a major milestone: crossing $1bn in annualised run rate revenue. It’s tangible proof that global businesses are moving past the constraints of an outdated financial system. It represents the trust that our customers place in us and our ability to address the needs of modern businesses as they scale across markets, currencies and borders.”

Zhang attributed the steepened development curve to a number of components: “The number of customers using multiple Airwallex products has doubled since last year, as we’ve deepened our go-to-market presence in EMEA and North America. We’ve also utilised our proprietary financial infrastructure to make a real difference with AI, becoming indispensable to finance teams. And finally, we’ve built the foundations of a brand that businesses can trust.”

Targeting ‘Broken Banking’ with model partnerships

The surge in UK development has been supported by high-profile model partnerships, including with the McLaren F1 racing team and Arsenal FC. This month, the fintech also launched its ‘Broken Banking’ campaign across London transport hubs.

The digital campaign options movies that dramatise the end of “clunky” enterprise banking and outdated monetary processes by destroying workplace gear and a standard financial institution façade with heavy equipment. The company acknowledged this is its largest above-the-line promoting funding in the area.

James Elias, vp advertising EMEA at Airwallex, said: “Businesses today need financial infrastructure that matches their ambition, not systems that slow them down. ‘Broken Banking’ speaks directly to the frustrations we hear from companies every day – the delays, the complexity, the barriers to growth. We’re not just highlighting these pain points – we’re showing businesses there’s a better way forward.”

Since launching in the UK in 2019, Airwallex has constructed a shopper base of 1000’s of companies, providing global enterprise accounts, service provider buying, company playing cards, spend administration, and embedded finance. The company is in superior planning to launch a number of new merchandise in the UK market in the coming months.

The $1billion ARR milestone follows Airwallex’s Series F funding round earlier this 12 months, which valued the company at $6.2billion and introduced its complete funding to over $1.2billion.

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