Fintech
June 30, 2026

Global payments platform Airwallex raises $320M Series H

Image from Airwallex

More funding in the air. Global payments platform Airwallex recently raised $320M in a Series H, bumping their valuation to $11B. 

  • They previously raised a $330M Series G in December 2025. 

What they do. Airwallex enables companies to send, receive, and manage money in multiple currencies. 

Investor check. Addition led the round, while Baillie Gifford, Hummingbird, QED Investors, T. Rowe Price, Hedosophia, Haun Ventures, Washington University in St. Louis, and Amex Ventures joined in. 

💫 New products alert

Along with the funding announcement, Airwallex also announced two new products.

  • T:0. An AI-native platform that uses agents to help businesses run end-to-end financial services, from bookkeeping to reporting.
  • Airi. An agentic consumer wallet that’s designed to help businesses convert more customers at checkout.

Milestone check. Airwallex reached $1.3B annualized revenue in March 2026, up 74% YoY, and $287B in annualized transaction volume, up more than 120% YoY. 

💳 What’s with the $$$?

They’ll use the capital to accelerate product development across autonomous finance and agentic commerce and expand their infrastructure and regulatory footprint into new markets. 

  • They will also expand their teams involved with building their AI-native financial software. 

Know Southeast Asian tech in minutes.

The newsletter that keeps you up-to-date on the top stories about startups and business in Southeast Asia. It's fun, quick and free.
You're now subscribed to BackScoop. See you in your inbox!
Oops! Something went wrong while submitting the form.