Tagged: airwallex

Global Fintech Funding Remains Steady with Many Asian Fintechs Raising Massive Mega-Rounds: Report

Fintech funding has really picked up in 2021. It’s estimated to have already reached $15 billion during the first quarter, according to CB Insights data. In Asia, Fintech-related investments are on track to exceed $2.6 billion, which is notably the continent’s highest quarterly total since… Read More

Airwallex Raises $100 Million in Series D Extension at $2.6 Billion Valuation

Payments platform Airwallex has raised an additional $100 million in an extension of its Series D funding round that brings the total to $300 million. Airwallex was valued at $2.6 billion in the round. To date, Airwallex reports having raised almost $500 million in equity… Read More

Australia Is Home to At Least 733 Active Fintech Firms, Up from 629 in September 2019: Report

Australia is currently home to at least 733 active Fintech firms, up considerably from 629 back in September 2019, according to the KPMG Fintech Landscape 2020 map. This represents an increase of 104 firms that joined the nation’s financial technology industry between September 2019 and… Read More

China Fintech 50 Report Updated to Reflect Financial Tech Industry’s Rapid Growth, includes AirWallex, JD Digits, OneConnect, WeLab, Others

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Big Four auditing company KPMG recently published its annual selection of China’s top Fintech firms. This year, the China Fintech 50 report was updated to include 100 companies to showcase the financial technology industry’s rapid growth and fast-evolving landscape. The 2020 China Fintech 50 list,… Read More

Australian Fintech Unicorn Airwallex Secures $40 Million in Additional Funding to Expand Operations Globally

Airwallex, an Australia-based Fintech company, has reportedly extended an existing $250 million investment round by $40 million (appr. AUD 57 million). Scott Farquhar, the co-founder at Atlassian, has joined the funding round through his firm, Skip Capital. Airwallex has managed to secure substantial investments so… Read More

Airwallex Supports E-Commerce Growth By Announcing Card Payment Acceptance in the UK & Europe

Airwallex, an Australia-based fintech company, announced on Tuesday it has launched its card payment acceptance solution in the UK and Europe. Airwallex claims that the solution allows merchants to accept card payments around the world seamlessly and securely. The launch is notably a key part… Read More

Fintech Australia CEO Rebecca Schot-Guppy Says that Government Should Introduce Low-Interest Loans for Financial Tech Firms

Rebecca Schot-Guppy, the CEO at Fintech Australia, a member-driven organization that’s focused on supporting the financial technology ecosystem in the country, has argued that the success of Fintech outliers such as Afterpay and Airwallex during the COVID-19 outbreak should serve as a reminder that the… Read More

Deutsche Bank Now Enabling Airwallex to Provide Virtual Account Collections & API-Enabled Foreign Exchange Services in Japan & Hong Kong

Deutsche Bank announced on Monday it will enable global fintech Airwallex to provide virtual account collections and API-enabled foreign exchange services in Japan and Hong Kong. According to Deutsche Bank, the solution will further allow Airwallex to seamlessly process and convert cross-border payments made to… Read More

Airwallex Launches New Payment Acceptance Service in Australia, Hong Kong, & Singapore With WeChat Pay

Airwallex, an Australia-based fintech company, recently announced it has launched a new payment acceptance service in Australia, Hong Kong, and Singapore with WeChat Pay. The company reported that the service is allowing merchants to add WeChat Pay as an additional payment option on the e-commerce… Read More

Australian Fintech Airwallex Secures $160 Million Through Series D Funding Round; Bring Total Equity Raised to $360 Million

Airwallex, an Australia-based fintech company, announced on Thursday it secured $160 million through its Series D funding round from various investors, such as ANZi Ventures, Salesforce Ventures, DST Global, Tencent, Sequoia Capital China, Hillhouse Capital, and Horizons Ventures. The latest funding brings Airwallex’s total equity… Read More

Airwallex Announces New Partnership With Xero For SMB Customers Payments

Airwallex, an Australia-based fintech company, announced on Tuesday it has formed a new partnership with small business platform Zero to help Airwallex’s small-to-medium business (SMB) customers seamlessly reconcile their domestic and international payments. As previously reported, Airwallex was founded in 2015 and is described as… Read More

Australian Fintech Airwallex Joins Forces With Visa to Launch Borderless Card for Businesses

Airwallex, an Australia-based fintech company, announced on Thursday it has teamed up with Visa to launch the Airwallex Borderless Card for business. According to Airwallex, the new card will enable Airwallex account holders to pay suppliers in seconds and “empower” their teams to make corporate… Read More

Australian Fintech Airwallex Raises $100 Million Through Series C Funding Round Led By DST Global

Airwallex, an Australia-based fintech company, announced on Monday it secured $100 million through its Series C funding round, which was led by DST Global, which has previously backed internet giants Facebook, Airbnb and Spotify and fintech leaders Nubank and Robinhood. The latest round brings Airwallex’s… Read More

Australian Fintech Airwallex Raises $108 Million Through Series B Funding Round

Airwallex, an Australia-based fintech company, has reportedly secured $108 million through its Series B funding round, which included investments by Tencent, Sequoia China, and Paul Bassat’s Square Peg. This news comes just a little over one year after the company raised 13 million through its Series A funding… Read More

China: WeiyangX Fintech Review

Cross-Border Payment Company iPayLinks Wins Hundreds of Million-Yuan B1 Round of Financing led by Tencent On March 28th, cross-border payment company iPayLinks announced that it had completed, at the beginning of this year, a hundreds of million-yuan B1 round of financing led by Tencent and… Read More

Australian Fintech Airwallex Secures $8 Million Investment From Square Peg

Less than one year after securing $13 million during its Series A funding round, Aussie fintech startup Airwallex announced it has received an $8 million investment from Paul Bassat’s Square Peg. As previously reported, Airwallex was founded in 2015 and describes itself as a foreign exchange market that makes… Read More

Fintech Australia Says Major Funding Buttresses Strength of Aussie-Asian Fintech Links

FinTech Australia is pointing to payments company Airwallex securing $13 Million USD in a Series A funding round as indicative of the strength of Australian-Asian Fintech links. FinTech Australian CEO Danielle Szetho said the announcement illustrated the strong and growing links between the two regions…. Read More

Australia Fintech Startup Airwallex Secures $13 Million USD During Series A Funding Round

Aussie fintech startup Airwallex announced on Monday it has secured $13 million USD through its latest Series A funding round. Participants of the round included Sequoia Capital China, Mastercard, and Tencent Holdings. Founded in 2015, Airwallex is described as a foreign exchange market that makes… Read More

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