Airwallex has raised $330 million in its latest Series G funding round, lifting its valuation to $8 billion and marking a roughly 30% increase from its Series F raise only six months earlier. The round was led by Addition, with T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures also participating. The company says the new capital will support its expansion across the United States and other major markets, alongside increased investment in AI hiring and product development.
As part of its renewed focus on the U.S., Airwallex has designated San Francisco as its second global headquarters. The business plans to deploy more than $1 billion between 2026 and 2029 to scale its U.S. operations, strengthen its brand presence, widen office capacity, and recruit senior talent across product, engineering, strategic partnerships and commercial teams.
“We believe the future of global banking will be borderless, real-time, and intelligent,” said Jack Zhang, co-founder and CEO of Airwallex. “Legacy providers are fundamentally incompatible with how modern businesses operate, and our investors understand that we’re pulling ahead in the race to define this category. We’re building a modern alternative, a single platform that powers global banking, payments, billing, treasury, and spend on top of proprietary financial infrastructure. This capital will accelerate our growth, extend our technical leadership, and strengthen our position in the U.S. and across key markets worldwide.”
The company has reported significant performance gains in 2025, contributing to strong investor interest. Among its latest milestones, annualised revenue exceeded $1 billion in October, marking a 90% year-on-year increase. Annualised transaction volume doubled over the same period to more than $235 billion. The firm also highlighted that around half of its customer base now uses multiple Airwallex products, reflecting increased uptake across its suite of financial tools.
Airwallex currently holds 80 licences and permits worldwide, enabling the business to operate in more than 200 countries and regions and support multi-currency checkout at scale. Over 2025, the company expanded its regulated footprint and introduced local capabilities across 12 new markets. These include France, the Netherlands, Israel, Canada, Korea, Japan, New Zealand, Malaysia, Vietnam, Brazil, Mexico and the UAE.
“Airwallex is reshaping the global business banking landscape,” said Lee Fixel at Addition. “The traditional financial system wasn’t built for borderless businesses, and Airwallex is uniquely equipped to solve this challenge. With its global financial infrastructure, software and AI capabilities, the company is exceptionally well positioned to lead the future of global business banking.”
The company’s U.S. expansion includes plans to double its headcount in the country to more than 400 employees over the next year. Its San Francisco office will also double in size to accommodate incoming teams. Founded in Australia in 2015, Airwallex now employs over 2,000 people globally and intends to grow its workforce by more than 50% by the end of 2026. This expansion will support further development of its financial infrastructure and partnerships worldwide.
A major portion of the company’s current strategy is centred on accelerating what it describes as the next era of intelligent financial operations. Airwallex is developing a fleet of specialised AI agents that will be able to run end-to-end financial workflows. The company says these agents use contextual signals across payments, treasury and spend management to automate complex tasks, including policy checks, expense approvals and multi-step financial processes.
“As AI lowers software costs, infrastructure and data become the ultimate differentiator,” Zhang added. “Airwallex connects the full spectrum of a customer’s financial operations – money in, money out, and everything in between, giving our agents the contextual data to execute with precision. This proprietary visibility, built on our scalable financial infrastructure, is what powers agentic finance.”
The first set of AI agents has launched within Airwallex’s spend management platform. The Expense Submission Agent, which is already live, gathers receipts from different sources, matches them automatically to transactions, categorises each expense and fills out all required details for submission. The forthcoming Expense Policy Agent will validate receipts, check the submission against company policy and alert teams to potential issues before final approval. According to the company, these tools are designed to streamline spend management tasks, reduce manual workloads and shorten month-end cycles.
With the fresh Series G funding, leadership expansion in the U.S., and rapid adoption of its AI-powered tools, Airwallex is positioning itself for continued global growth as it seeks to establish a stronger foothold in modern financial operations.
