Airwallex

Global payments and financial platform

Growth
Melbourne, Australia
Founded 2015

About

Founded in 2015 in Melbourne by four co-founders including Jack Zhang, Airwallex is a global payments and financial platform that provides cross-border payments, multi-currency accounts, card issuing, expense management, and embedded finance APIs for modern businesses. The platform uses proprietary payment infrastructure to move money across 150+ countries at competitive FX rates, serving around 150,000 to 200,000 business customers. In October 2025, Airwallex surpassed $1 billion in annualized recurring revenue, up 90% year-over-year, and processed $235 billion in annualized transaction volume. A December 2025 Series G led by Addition valued the company at $8 billion. Airwallex targets high-growth companies and enterprises replacing fragmented banking relationships with a single global financial operating system.

Products

  • Business Accounts — Multi-currency accounts to receive and manage funds globally for your business finances.
    Customer sectors: mid-market ecommerce, professional services, wholesale and trade
  • FX & Transfers — High-speed international transfers with interbank FX rates and currency management.
    Customer sectors: fintechs, wholesale and trade, mid-market ecommerce
  • Spend Corporate Cards — Multi-currency company and employee cards for managing expenses and reimbursements.
    Customer sectors: professional services, mid-market ecommerce, wholesale and trade
  • Payments — Global multi-currency payment acceptance via checkout, plugins, links, and APIs.
    Customer sectors: ecommerce and retail, saas platforms, marketplaces
  • Billing — Create and send invoices globally with automated recurring and usage-based billing.
    Customer sectors: saas platforms, professional services, marketplaces

Market research & competitive positioning

Source-backed TAM / SAM / SOM sizing, displacement analysis, and an interactive peer positioning map for Airwallex — available to members.

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