Airwallex

Airwallex

Cross-border payments platform for businesses

Overview

Airwallex provides cross-border payment tools for businesses, including multi-currency accounts, international transfers, foreign exchange, and payment gateway services via an API. Businesses use a centralized, API-driven platform to hold multiple currencies, move money internationally, convert currencies at competitive rates, and integrate payments into their apps or websites. It differentiates itself by offering treasury, transfers, FX, and gateway capabilities in one platform designed for businesses, prioritizing speed, security, and cost efficiency. Its goal is to enable seamless, scalable global payments for companies of all sizes and simplify international cash flows.

About Airwallex

Simplify's Rating
Why Airwallex is rated
B-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated D+ on Differentiation

Industries

Fintech

Financial Services

Company Size

1,001-5,000

Company Stage

Series H

Total Funding

$1.7B

Headquarters

Singapore, Singapore

Founded

2015

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Simplify's Take

What believers are saying

  • Airwallex raised $320 million in June 2026 at an $11 billion valuation.
  • Revenue surpassed $1 billion annualized, while customer count reached 676,000 businesses.
  • Affirm and Hong Kong startup partnerships expand checkout conversion and day-one account activation.

What critics are saying

  • AUSTRAC ordered an external audit in January 2026 over AML/CTF failures.
  • That probe delays IPO plans and threatens partner trust through 2026.
  • A serious compliance finding would cripple cross-border licensing and could force business-line shutdowns.

What makes Airwallex unique

  • Airwallex combines payments, treasury, cards, and embedded finance in one regulated platform.
  • It holds 85+ licenses across North America, Europe, Middle East, and Asia-Pacific.
  • Visa partnership for freight embeds Airwallex inside industry workflows, not generic checkout.

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Funding

Total Funding

$1.7B

Above

Industry Average

Funded Over

16 Rounds

Series H funding comparison data is currently unavailable. We're working to provide this information soon!
Series H Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Employee Equity Programs

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-6%

2 year growth

-6%
Fortune
Aug 20th, 2026
Airwallex raises $320M at $11B valuation, pivots to autonomous finance amid IPO uncertainty

Airwallex has raised $320 million in a Series H funding round led by Addition, alongside Baillie Gifford, T. Rowe Price, Amex Ventures, and Washington University in St. Louis. The round values the Australian fintech company at $11 billion, up from $8 billion in December. The company, which serves over 675,000 businesses with over $1 billion in annualised run rate revenue, is pivoting from cross-border payments to autonomous finance. It has launched T:0, an automated bookkeeping system, and Ari, an agentic consumer wallet. President Lucy Liu said Airwallex plans to be "IPO-ready" by year-end but noted "it's just not the best time" given market complexities. The company faces regulatory scrutiny in the US and Australia over data security and compliance concerns.

Associated Press
Aug 14th, 2026
Airwallex and Air Corporate enable day-one payment readiness for Hong Kong startups with one-step setup

Air Corporate and Airwallex have launched a partnership allowing Hong Kong startups to complete company registration and payment account setup through a single application. Previously, founders had to separately incorporate their company and then apply for banking services, often resubmitting the same documentation. The new Expert package enables founders to move from incorporation to operational status in one to two weeks, compared to the typical weeks or months required with traditional banking. The partnership is sponsoring 10 founders monthly with a complimentary upgrade to the fully-managed Expert package. The service targets e-commerce brands, cross-border traders, and first-time founders expanding into Asia who need immediate transaction capability. Airwallex provides multi-currency accounts, local collection capabilities, and global payouts through its platform. The partnership is available to new Air Corporate clients registering companies in Hong Kong.

InfoStride News
Aug 14th, 2026
Airwallex and Air Corporate launch one-step setup for Hong Kong startups to deliver day-one transaction readiness.

Airwallex and Air Corporate launch one-step setup for Hong Kong startups to deliver day-one transaction readiness. New partnership turns incorporation into a transaction-ready business in a single application - and sponsors 10 founders every month with a free upgrade to the fully-managed Expert package. Hong Kong SAR- Media OutReach Newswire - 14 August 2026 - Air Corporate, a Hong Kong-based digital corporate services provider, and Airwallex, a leading global payments and financial platform for modern businesses, have announced a strategic partnership that eliminates one of the most persistent friction points in business setup: the need to complete two separate applications for company registration and opening a payment account. Through a single application with Air Corporate, eligible founders now receive both a registered Hong Kong legal entity and a live Airwallex multi-currency account. To mark the launch, Airwallex and Air Corporate are sponsoring 10 Air Corporate clients each month with a complimentary upgrade to the fully-managed Expert package, removing the cost barrier that has historically kept early-stage founders on slower, self-managed paths. The Two-Application Problem Until now, setting up a business in Hong Kong has required two distinct processes. A founder first incorporates the company, then separately applies to a bank or payment provider, often resubmitting the same KYC, director, and shareholder documents that were already provided during incorporation. Approval timelines vary, rejections occur, and an incorporated company may remain unable to transact after the registration is complete. For founders trying to move quickly, this gap between incorporation and payment readiness has long been an operational obstacle. One Application, Two Outcomes: The Expert Package The Expert package serves as the primary component of this initiative. When a client onboards with Air Corporate under this tier, Air Corporate facilitates the entire Airwallex account-opening process on their behalf, thereby eliminating duplicate paperwork and the need for separate submissions to multiple providers. This consolidated approach allows founders to proceed from incorporation to operational status in as little as one to two weeks, compared to the typical weeks to months required for traditional banking solutions. The Sponsorship: 10 Founders Every Month Airwallex and Air Corporate are sponsoring a complimentary Expert upgrade for 10 Air Corporate clients each month. Founders who qualify receive a fully managed Airwallex account opening service at no additional cost. This is the same service available through the paid Expert tier. Sponsorship spots reset each month, with new availability opening to qualifying founders on an ongoing basis. Eligibility applies to new Air Corporate clients proceeding with company registration in Hong Kong, and available spots can be confirmed directly with the Air Corporate team. Why Hong Kong? Hong Kong remains the leading jurisdiction for founders entering Asian markets. Offshore profits are not subject to local tax; there are no foreign exchange controls; incorporation is fast; and the territory serves as a direct gateway to Mainland China and ASEAN. For international businesses, Hong Kong company registration has become the standard first step in a regional expansion strategy, given that the legal, regulatory, and financial infrastructure required to operate internationally is already in place. What Airwallex Brings to the Partnership Airwallex provides the payment infrastructure that enables day-one operability. Its platform supports multi-currency accounts, local collection in major currencies, foreign exchange at market-leading rates, and global payouts, all managed from a single interface. For founders operating across borders, having this capability active from the moment of incorporation removes the lag that typically delays first revenue and complicates early cash flow management. Speaker Quote "Our goal at Airwallex has always been to empower businesses to scale globally without borders or operational friction. Partnering with Air Corporate allows us to tackle one of the earliest and most persistent bottlenecks that founders face: the lag between becoming a legal entity and actually being able to transact. By consolidating company registration and financial setup into a single, seamless step, we are giving startups day-one operability so they can focus entirely on growth and building momentum from the very start," said Marcus Cheng, Associate Director, GTM Partnerships, SME & Growth, Airwallex Hong Kong. Who This Is For This solution is built for e-commerce brands, cross-border trade, professional service providers,, and first-time founders expanding into or out of Asia who need to be fully operational and able to collect payments upon registration, without having to manage two separate onboarding processes simultaneously. Available Now Founders can apply directly through Air Corporate and check the availability of the monthly sponsored Expert upgrade spots. Further information is available at Air-Corporate.com/hk/Airwallex. Terms and conditions apply. Hashtag: #Air-Corporate The issuer is solely responsible for the content of this announcement. Discover more Subscribing To News Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. Theinfostride need your support. Click here to Donate Subscribing To News

Financing Your Way
Aug 13th, 2026
Airwallex partners Affirm for US BNPL roll out.

Airwallex partners Affirm for US BNPL roll out. Airwallex integrates Affirm to give global merchants an easy way to offer BNPL to U.S. consumers at checkout. Curated by Financing Your Way from original reporting by Finextra - Lending. Summary is AI-assisted and editorially reviewed - see its editorial standards. International merchants using the Airwallex platform can now offer Affirm's Buy Now, Pay Later (BNPL) options to their U.S. customers. This partnership simplifies the process for global retailers to enter the American market without needing separate local entities or complex bank integrations. By adding Affirm at checkout, businesses can offer transparent payment plans starting at 0% APR. For the merchant, this means potentially higher conversion rates and larger average order values. Affirm handles the credit risk and pays the merchant upfront, while customers gain the flexibility to pay over time. The integration is designed to be seamless for existing Airwallex users. This moves the needle for cross-border e-commerce, making it easier for overseas brands to compete with domestic U.S. retailers by offering the same financial perks consumers expect. If you use Airwallex to manage your global payments, you can now toggle on one of the most recognized BNPL brands in the U.S. to capture more sales during the checkout process. Who else is covering this

Financing Your Way
Aug 13th, 2026
Airwallex adds Affirm pay-over-time options for US shoppers.

Airwallex adds Affirm pay-over-time options for US shoppers. Airwallex merchants can now offer Affirm at checkout to boost conversion rates and average order values without extra coding. Curated by Financing Your Way from original reporting by PYMNTS - BNPL. Summary is AI-assisted and editorially reviewed - see its editorial standards. Merchants using Airwallex can now offer Affirm's flexible payment options to U.S. shoppers without needing a complex new integration. This update allows international and domestic retailers to provide monthly installment plans or interest-free biweekly payments directly at checkout. For your business, this means a faster way to implement Buy Now, Pay Later (BNPL) and capture more sales from budget-conscious customers. Adding these financing options can directly impact your bottom line by increasing average order values. Customers are often more willing to commit to larger purchases when they can spread the cost over time. Because the integration is handled through your existing Airwallex setup, you avoid the technical debt of managing multiple payment providers. This is a strategic move to reduce cart abandonment, especially as shoppers increasingly look for alternatives to high-interest credit cards. Whether you sell high-ticket items or everyday goods, giving your customers more ways to pay simplifies the path to purchase and builds loyalty. Who else is covering this

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