Airwallex co-founder and CEO Jack Zhang / Photo credit: Airwallex
Airwallex, the financial and payments platform, has raised US$320 million in series H funding, bringing its valuation to US$11 billion, the firm has announced.
The round was led by US-based VC firm Addition, with other investors like Baillie Gifford, Hummingbird, QED Investors, and T. Rowe Price participating.
The valuation is 38% higher than during its last fundraise in December 2025, where the firm raised US$330 million.
Airwallex said the capital would be used to develop products across autonomous finance and agentic commerce, including a newly launched agentic consumer wallet. It will also fund expansion into new markets and scale its teams.
“This new capital lets us move faster into Airwallex’s next chapter: autonomous finance, agentic commerce, and the infrastructure to power both,” Airwallex co-founder and CEO Jack Zhang said in a statement.
As of March 2026, Airwallex hit US$1.3 billion in annualized revenue and was also processing US$287 billion in annualized transaction volume, up over 120% year over year. Both are forward-looking metrics calculated by annualizing a company’s performance based on a particular time period.
Airwallex offers a financial operating system for businesses who can use its platform to hold money in multicurrency accounts, send money across the globe, and manage their expenses.
Over 90% of Airwallex’s revenue now comes from customers using more than one of its products, the firm said. It also serves 676,000 plus businesses worldwide, either directly or through its platform customers.
Airwallex has been actively expanding across the globe, including in Southeast Asia. The firm told Tech in Asia in April that it planned to launch in Indonesia and Vietnam this year after acquiring licenses in both markets. The firm now holds over 85 licenses across North America, Europe, the Middle East, and the Asia Pacific.
Editing by Jaclyn Tiu
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