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Airwallex hits $11 billion valuation with $320 million raise as fintech pushes into finance run by AI agents
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- The latest funding round was led by New York venture capital firm Addition, with investment from funds including Baillie Gifford, Hummingbird, QED Investors, T.
- Airwallex also reported its annualized revenue surged 74% from a year ago to $1.3 billion in March, while annualized transaction volume more than doubled from a year earlier.
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Airwallex has raised $320 million in a Series H funding round, valuing the global payments company at $11 billion, a 38% leap from just six months ago, as the fintech firm doubles down on artificial intelligence-powered financial software.
The latest funding round was led by New York venture capital firm Addition, with investment from funds including Baillie Gifford, Hummingbird, QED Investors, T. Rowe Price, Washington University in St. Louis and Amex Ventures.
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