Hello, $6.2B valuation! Global payments platform Airwallex just announced the completion of a $300M Series F, bumping up their valuation to $6.2B. 

Investor check. Visa Ventures, Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and several leading pension funds in Australia joined the round!

• This brings their total funding to more than $1.2B. 

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💱 Money talks

Airwallex enables over 150K businesses worldwide to open global business accounts, accept payments, manage company spend (and more!) — in one place.

• Scaling your business globally? Their software can help you avoid managing payments and finances across different providers. 
• With their platform, you can generate local account numbers in more than 60 countries. And you can even accept payments in the local currency and hold funds in a multi-currency wallet. 

Their growth, so far. Airwallex has achieved $720M in annualized revenue and has grown its customer base by 50% in 2024. 

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🌎 Hello, world

They’ll continue expanding their financial infrastructure into new markets, including Japan, Korea, the UAE, and Latin America. BTW, they just acquired MexPago, a Mexican-based payment service provider. 

Oh, and they’ll also boost their go-to-market efforts in Europe, North America, and SEA. 

• Airwallex expects to hit $1B in annual run-rate revenue this year.