Airwallex has secured $320 million in Series H funding, pushing the global payments company’s valuation to $11 billion — a sharp 38% increase in just six months. The funding highlights continued investor confidence in fintech platforms that combine payments infrastructure with artificial intelligence.

The round was led by Addition and included participation from Baillie Gifford, QED Investors, T. Rowe Price, Washington University in St. Louis, and Amex Ventures.

Strong Revenue Growth Signals Expanding Demand

Airwallex reported strong operating momentum:

Annualized revenue reached $1.3 billion as of March, up 74% year-over-year
Annualized transaction volume more than doubled
More than 90% of revenue came from customers using multiple Airwallex products

This suggests the company is expanding beyond payments into a broader financial software ecosystem.

Airwallex currently supports businesses including McLaren, Qantas, Canva, and SHEIN.

New Focus: Autonomous Finance and AI Agents

The company said the fresh capital will be used to accelerate development of AI-native financial products.

Two major AI products were announced:

T:0 — AI-Powered Corporate Finance Platform

T:0 is designed to automate finance functions such as:

Bookkeeping
Tax workflows
Compliance
Financial reporting

The platform is currently in private beta and could become more broadly available in the near future.

Airi — Agentic Consumer Wallet

Airwallex also introduced Airi, an AI-driven wallet designed for the emerging “agentic commerce” model.

Planned capabilities include:

Delegated agent payments
Spending controls
Permission management
Multi-currency balances

The product reflects a broader industry trend toward AI systems that can complete financial tasks with limited human intervention.

Global Licensing Seen as Strategic Advantage

Airwallex says it has secured more than 85 regulatory licenses across:

North America
Europe
Middle East
Asia-Pacific

According to co-founder and CEO Jack Zhang, the company’s decade-long investment in settlement infrastructure, local integrations, and licensing gives it a foundation for the next stage of AI-enabled finance.

IPO Plans May Be Delayed

Despite rapid growth, Airwallex indicated that an immediate public listing may not be a priority.

Leadership suggested continued investment into AI development could make profitability and margins more volatile in the short term, reducing pressure to go public while private funding remains available.

Growing Attention Around Global Structure

Founded in 2015 in Australia and now headquartered across San Francisco and Singapore, Airwallex operates in 27 offices globally.

The company has recently faced scrutiny regarding its international structure and investor base, including criticism tied to its China operations and investors. Airwallex has publicly rejected those claims and stated that U.S. customer data remains stored domestically and inaccessible to teams based in China or Hong Kong.

The latest fundraising shows that investors continue to back fintech companies building not only payment infrastructure, but also AI-driven financial operating systems for businesses and consumers.

Latest Business, Economy, Banking & Market News

Growing U.S. Investment Interest Draws Attention In Nepal

Increasing investment interest from the United States is drawing attention in Nepal as businesses and policymakers explore opportunities for capital inflows and economic partnerships.

🔗 https://financeinyourhand.com/growing-u-s-investment-interest-draws-attention-in-nepal/