Airwallex

Singapore, Singapore Founded: 2015 • Age: 11 yrs
Cross-border payments are processed for businesses via tools and APIs.
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About Airwallex

Airwallex is a company based in Singapore (Singapore) founded in 2015 by Jacob Dai, Max Li, Lucy Yueting Liu, and Jack Zhang.. Airwallex has raised $1.58 billion across 14 funding rounds from investors including Tencent, Visa and Mastercard. The company has 1 employees as of April 09, 2024. Airwallex has completed 5 acquisitions, including Ctinpay.vn, MexPago and Shangwutong. Airwallex offers products and services including Business Accounts, Corporate Cards, Payments Checkout, Payment Plugins, and Platform APIs. Airwallex operates in a competitive market with competitors including Tipalti, Payoneer, Ebury, Rapyd and Currencycloud, among others.

  • Headquarter Singapore, Singapore
  • Employees 1 as on 09 Apr, 2024
  • Founders Jacob Dai, Max Li, Lucy Yueting Liu, Jack Zhang
  • Stage Unicorn
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Airwallex Services India Private Limited
  • Date of Incorporation 14 May, 2020
  • Jurisdiction Bangalore North, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $0 (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    $-19.24 K (USD)
    53.06
    as on Mar 31, 2023
  • EBITDA
    $-16.03 K (USD)
    23.02
    as on Mar 31, 2023
  • Total Equity Funding
    $1.58 B (USD)

    in 14 rounds

  • Latest Funding Round
    $330 M (USD), Series G

    Dec 08, 2025

  • Investors
    Tencent

    & 35 more

  • Employee Count
    1

    as on Apr 09, 2024

  • Investments & Acquisitions
    Ctinpay.vn

    & 4 more

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Products & Services of Airwallex

Airwallex offers a comprehensive portfolio of products and services, including Business Accounts, Corporate Cards, Payments Checkout, Payment Plugins, and Platform APIs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Multi-currency accounts for receiving and managing funds globally

Cards for company spending with customizable controls

Low-code solution for accepting global payments online

Plugins for eCommerce platforms to enable payments

APIs for building custom financial products and integrations

People of Airwallex
Headcount 1000-5000
Employee Profiles 407
Employee Profiles
People
Eric Wat
Enterprise Sales
People
Piero Ardito
Chief Of Staff, CEO Office
People
Karishma Bahl
Talent Development
People
Francesco Paolo Ducci
Senior Product Manager

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Funding Insights of Airwallex

Airwallex has successfully raised a total of $1.58B across 14 strategic funding rounds. The most recent funding activity was a Series G round of $330 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 14
  • Last Round Series G — $330.0M
  • First Round

    (05 Jul 2016)

  • Investors Count 36
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2025 Amount Series G - Airwallex Valuation Addition
May, 2025 Amount Series F - Airwallex Valuation

investors

Mar, 2023 Amount Series F - Airwallex Valuation Cava
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Airwallex

Airwallex has secured backing from 36 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Visa and Mastercard. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Cava Capital is engaged in early-stage investment and entrepreneur support.
Founded Year Domain Location
Venture capital investment firm
Founded Year Domain Location
Venture capital investments in technology startups and entrepreneurs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Airwallex

Airwallex has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Ctinpay.vn, MexPago and Shangwutong. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Prepaid MasterCard branded cards are issued for multiple uses.
2013
Mobile POS solution for businesses
2012
Web payment solutions are offered for logistics merchants.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Airwallex

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Airwallex Comparisons

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Competitors of Airwallex

Airwallex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tipalti, Payoneer, Ebury, Rapyd and Currencycloud, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based procurement and invoice management solutions are offered to businesses.
domain founded_year HQ Location
Cross-border payments are enabled for businesses via diverse payout methods.
domain founded_year HQ Location
Forex risk management and payment solutions are provided for businesses.
domain founded_year HQ Location
Global payment solutions are provided by Rapyd to businesses worldwide.
domain founded_year HQ Location
Cloud-based payment solutions are provided for cross-border transactions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Airwallex

Frequently Asked Questions about Airwallex

When was Airwallex founded?

Airwallex was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Airwallex located?

Airwallex is headquartered in Singapore, Singapore.

Who is the current CEO of Airwallex?

Jack Zhang is the current CEO of Airwallex. They have also founded this company.

Is Airwallex a funded company?

Airwallex is a funded company, having raised a total of $1.58B across 14 funding rounds to date. The company's 1st funding round was a Series F of $200M, raised on Jul 05, 2016.

How many employees does Airwallex have?

As of Apr 09, 2024, the latest employee count at Airwallex is 1.

What does Airwallex do?

Airwallex was founded in 2015 in Singapore and operates in the fintech sector. Cross-border payment solutions are provided to businesses, enabling the collection of international payments, fund deposits, and outgoing payments. Current foreign exchange rates are offered alongside APIs for automating collections, payments, and currency exchanges. Business payment cards are also issued for domestic and international use.

Who are the top competitors of Airwallex?

Airwallex's top competitors include Payoneer, Ebury and Thunes.

What products or services does Airwallex offer?

Airwallex offers Business Accounts, Corporate Cards, Payments Checkout, Payment Plugins, and Platform APIs.

How many acquisitions has Airwallex made?

Airwallex has made 5 acquisitions, including Ctinpay.vn, MexPago, and Shangwutong.

Who are Airwallex's investors?

Airwallex has 36 investors. Key investors include Tencent, Visa, Mastercard, Hostplus, and Balderton Capital.

What is Airwallex's valuation?

The valuation of Airwallex is $5.5B as of Nov 2021.

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