Cross-border fintech Airwallex raises $100M Series D extension at new valuation of $2.6B

25 Mar, 2021

Cross-border fintech Airwallex raises $100M Series D extension at new valuation of $2.6B
Photo by Afif Kusuma on Unsplash

– Airwallex, a fintech company for cross-border businesses, announced that it has added $100m more to its Series D round, bumping its valuation up to $2.6bn.
– The extension was led by Greenoaks, with participation from Grok Ventures and returning investors Skip Capital and ANZi Ventures.
– The new funding will be used for Airwallex’s United States launch in the second quarter of this year, expand its payment coverage to new regions like the Middle East, Africa, Eastern Europe and Latin America, and add more products, including physical cards.
– This latest extension brings Airwallex’s Series D round to $300m, and total equity raised so far to $500m.

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