Airwallex Hits $8bn Valuation with $330m Series G to Fuel US Expansion

Airwallex Hits $8bn Valuation with $330m Series G to Fuel US Expansion

Global funds and monetary platform Airwallex has raised $330million in a Series G funding round, valuing the company at $8billion—a major 30 per cent enhance from its valuation six months in the past.

The funding round was led by Addition, with participation from T. Rowe Price Associates, Activant, Lingotto, Robinhood Ventures, and TIAA Ventures. The contemporary capital will probably be used to speed up the company’s expansion in the United States and other key markets, in addition to to drive its formidable AI roadmap.

Doubling down on the US market

Jack Zhang, co-founder and CEO of Airwallex

Underscoring its dedication to the US, Airwallex has announced it’s going to set up a second global headquarters in San Francisco. The company plans to deploy more than $1billion between 2026 and 2029 to scale its operations, appeal to top expertise, and broaden its model footprint across North America.

This strategic transfer locations its core product, engineering, and partnership groups at the epicenter of global AI innovation. Airwallex goals to double its US headcount to over 400 workers within the next 12 months.

“We believe the future of global banking will be borderless, real-time, and intelligent,” said Jack Zhang, co-founder and CEO of Airwallex. “Legacy providers are fundamentally incompatible with how modern businesses operate… We’re building a modern alternative, a single platform that powers global banking, payments, billing, treasury, and spend on top of proprietary financial infrastructure.”

Scaling AI-driven monetary operations

A good portion of the new funding will probably be devoted to growing specialised AI brokers designed to automate advanced monetary workflows. Airwallex envisions a future the place finance departments are “fully autonomous,” with AI brokers dealing with duties starting from expense approvals to compliance checks.

“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.”

The first wave of these AI instruments is already rolling out. The ‘Expense Submission Agent’, now live, automates receipt assortment and categorisation. An ‘Expense Policy Agent’, launching soon, will confirm receipt validity and flag coverage violations for handbook review.

Strong monetary momentum

The funding follows a interval of speedy development for Airwallex. In October, the company’s annualised income surpassed $1billion, up 90 per cent year-on-year, while annualised transaction quantity doubled to more than $235billion.

Lee Fixel at Addition commented on the funding: “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.”

Founded in Melbourne in 2015, Airwallex now holds 80 licenses and permits worldwide, enabling operations in over 200 nations and areas.

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