Airwallex has secured $330 million in a Series G funding round, lifting its valuation to $8 billion — a 30% increase in six months — as the company names San Francisco its dual global headquarters to drive U.S. expansion and accelerate AI product development.
The round was led by Addition, with participation from T. Rowe Price Associates Inc., Activant, Lingotto, Robinhood Ventures, and TIAA Ventures. The financing brings total commitments for Airwallex’s U.S. scale-up to more than $1 billion between 2026 and 2029.
“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.”
Founded in Australia in 2015, Airwallex now employs more than 2,000 people globally and plans to increase headcount by over 50% by the end of 2026. The company will double its U.S. workforce to more than 400 employees within the next year, expanding its San Francisco office space to support engineering, partnerships, and go-to-market operations.
The company’s 2025 results underline its rapid growth: annualised revenue surpassed $1 billion in October, up 90% year-on-year, while annualised transaction volume doubled to more than $235 billion. Roughly half its customers now use multiple products, highlighting the depth of product-market fit across its payments, banking, and treasury solutions.
“Airwallex is reshaping the global business banking landscape,” said Lee Fixel, founder of Addition. “The traditional financial system wasn’t built for borderless businesses, and Airwallex is uniquely equipped to solve this challenge.”
As part of its next phase, Airwallex is advancing a suite of AI-powered financial agents designed to automate complex workflows — from expense submissions and policy verification to full procure-to-pay orchestration. The company describes this as a step toward “agentic finance,” where AI performs end-to-end financial operations using real-time contextual data across transactions, treasury, and spend.
According to Zhang, this infrastructure-first approach gives Airwallex’s AI agents “the contextual data to execute with precision,” positioning the company to lead in the development of autonomous financial systems.
Airwallex’s expansion comes as global fintech investment refocuses on infrastructure and automation, with AI seen as a defining capability in the next wave of cross-border financial innovation.
