Airwallex lands $330m to boost its AI finance platform and U.S. growth
Airwallex has raised $330m in a Series G round to speed up product development and scale in core markets, especially the U.S. The round was led by Addition with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures.
The new funding values the company at $8bn, up nearly 30% from its prior round six months earlier. Founded in 2015 in Australia, Airwallex now employs 2,000+ people and serves businesses operating across borders.
Why this matters for finance leaders
- Consolidation: One platform for global accounts, cross-border payments, treasury, billing, and spend management reduces vendor sprawl.
- Regulatory reach: 80+ licences and permits with access in 200+ countries and regions helps simplify multi-entity, multi-currency operations.
- Execution capacity: Fresh capital and hiring in the U.S. point to faster product cycles and deeper local coverage.
- AI in the stack: Early agents target practical workflows like expense submission, policy checks, and month-end tasks.
Where the money goes
Airwallex plans to deploy more than $1bn from 2026 to 2029 to expand U.S. operations, attract talent, and invest in technology. It has announced a second global headquarters in San Francisco to position core teams near the AI ecosystem.
The company expects to double its U.S. headcount to 400+ over the next year and significantly expand its physical presence.
Product and regulatory footprint
Airwallex offers a unified platform spanning global business banking, cross-border payments, treasury, billing, and spend management on proprietary financial infrastructure. In 2025, it broadened its regulated footprint and launched local capabilities in a dozen markets including France, Canada, Israel, Japan, Brazil, and Mexico.
AI roadmap
The business is building a suite of AI agents to automate finance workflows such as spend management, policy checks, and month-end processing. The first tool, the Expense Submission Agent, is live.
Performance signals
- Annualised revenue exceeded $1bn in October 2025, up 90% year-over-year.
- Annualised transaction volume surpassed $235bn, roughly doubling over the same period.
- About half of customers now use multiple products.
What leadership is saying
CEO Jack Zhang: "We believe the future of global banking will be borderless, real-time, and intelligent… We're building a modern alternative, a single platform that powers global banking, payments, billing, treasury, and spend on top of proprietary financial infrastructure."
Addition's Lee Fixel: "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 well positioned to lead the future of global business banking."
What to watch next
- U.S.-specific features: Local accounts, payout rails, card issuing, and compliance updates as the SF hub scales.
- Deeper integrations: ERP, accounting, and procurement connectors that reduce manual reconciliation and speed close.
- FX and treasury: Pricing, virtual accounts, liquidity tools, interest, and cash concentration across entities.
- AI in production: Expansion of agents beyond expenses into policy enforcement, invoice coding, and close automation.
- Service resilience: SLAs, uptime, and incident transparency as volumes rise.
Practical next steps for CFOs, treasurers, and controllers
- Map your cross-border flows and entity structure, then score gaps in banking coverage, FX costs, and reconciliation time.
- Pilot spend management with AI-assisted expense submission and policy checks; track cycle time and policy adherence.
- Test multi-currency receivables with virtual accounts; measure DSO and write-offs by currency and region.
- Evaluate ERP and ledger integrations in a sandbox; confirm journal integrity, audit trails, and user access controls.
- Pressure-test compliance, KYC/KYB, and license coverage in priority markets before scaling volumes.
Context and resources
For foundational guidance on cross-border payments and policy standards, see the BIS Committee on Payments and Market Infrastructures' work on cross-border payments here.
If you're evaluating AI for finance operations, this curated list of AI tools for finance can help frame pilots and vendor comparisons.
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