Airwallex raises $320 million to power finance run by AI agents
The Airwallex logo appears on a laptop screen in this photo illustration in Athens, Greece, on December 8, 2025.
Nikolas Kokovlis | Nurfoto | Getty Images
Airwallex raised $320 million in a Series H funding round, valuing the global payments company at $11 billion, a 38% increase from just six months ago, as the fintech firm doubles down on AI-powered financial software.
The latest round of funding includes Baillie Gifford, Hummingbird, QED Investors, T. Rowe Price, St. It was led by New York venture capital firm Addition, with investments from funds including Washington University in St. Louis and Amex Ventures.
Airwallex also reported that its annual revenue increased 74% from the previous year to $1.3 billion in March, while its annual transaction volume more than doubled from the previous year. The company said more than 90% of its revenue comes from customers using multiple Airwallex products.
The company plans to use the funds to accelerate product development in autonomous finance and representative trading, expand its regulatory footprint into new markets, and grow the teams building the next generation of AI native financial software.
Airwallex provides multi-currency payment services to global businesses including McLaren, Qantas, Canva and Shein. The company’s value reached $8 billion after last being $330 million. In the financing round in December It is also managed by Addition.
In addition to the raise, the company also announced two new artificial intelligence-focused products.
One of these, called T:0, is an AI-based platform designed to automate corporate finance functions including accounting, tax, compliance and reporting. The product is currently in private beta and may become more widely available in the coming weeks.
The second product Airwallex has stated, Airi, is its agency consumer wallet, which it says will eventually support delegated agency payments, spending limits, permission checks, and multi-currency balances.
Airwallex has acquired more than 85 licenses in North America, Europe, the Middle East and Asia-Pacific, which it said positions it to support the emerging agency economy.
“The licenses, local network integrations, and residential rails we spent a decade building are exactly the kind of infrastructure it needs,” co-founder and CEO Jack Zhang said in a statement. “This new capital allows us to move faster into the next phase of Airwallex.”
Zhang He told the Australian Financial Review In a recent interview, it was noted that the new financing could allow the company to delay its IPO because its investments in AI development have made its margins “too volatile to be publicly disclosed.”
Founded in Australia in 2015, Airwallex faces growth Ties with China are under scrutiny. Headquartered in San Francisco and Singapore, the company has 27 offices worldwide, including Shanghai, Beijing and Shenzhen, and is backed by Australian venture capital firms and Chinese investors, including Tencent and HongShan Capital (formerly Sequoia China).
In December, prominent Silicon Valley investor Keith Rabois, who is also a board member of rival US fintech Ramp, accused Airwallex of being a conglomerate. “Chinese backdoor to sensitive American data.”
The company denied these allegations. Zhang, recently expressionHe called them “crazy and completely unfounded conspiracy theories”, saying American customers’ data was stored in the US and could not be accessed by staff in China or Hong Kong.
