Airwallex has raised 330 million dollars in a Series G funding round that lifts its valuation to 8 billion dollars, marking a 30 percent increase since its previous round six months ago. The company announced the news on 8 December, alongside its decision to establish San Francisco as a second global headquarters. Investors in the round include Addition, T. Rowe Price Associates, Activant, Lingotto, Robinhood Ventures and TIAA Ventures.
The fintech platform said it plans to allocate more than 1 billion dollars between 2026 and 2029 to scale its U.S. operations, hire AI talent and expand its physical footprint. CEO Jack Zhang said the company is building a modern alternative to legacy banking infrastructure, integrating payments, billing, treasury and spend management. “We believe the future of global banking will be borderless, real time and intelligent.”
Strong performance underpins funding round
Airwallex reported annualized revenue above 1 billion dollars in October, a 90 percent increase year on year. Transaction volume doubled to more than 235 billion dollars, and nearly half of customers now use multiple products. The company also expanded its regulatory footprint in 12 new markets in 2025, including France, the Netherlands, Canada, Korea, Japan and Brazil.
Investors say Airwallex’s infrastructure and AI roadmap position it as a leading challenger to global banking networks. Lee Fixel of Addition said the company is “reshaping the global business banking landscape” by enabling borderless operations built on proprietary financial infrastructure.
Airwallex bets on AI driven financial operations
A core part of the new investment will support Airwallex’s development of specialized AI agents capable of automating financial workflows. The company previewed tools designed to manage tasks such as expense submission and policy verification, aiming to reduce manual processes for corporate finance teams. According to Zhang, integrated financial data will be a competitive advantage as AI lowers software costs.
The first AI agents are already live in Airwallex’s spend management platform, with more advanced capabilities expected in the coming weeks. The company says the long term objective is a fully autonomous finance department powered by hundreds of interconnected agents.
Implications for global fintech
Founded in Australia in 2015, Airwallex now employs more than 2,000 staff and plans to expand headcount by 50 percent by the end of 2026. Its decision to elevate San Francisco to co-headquarters status signals a deeper push into the U.S. market, one of the world’s most competitive arenas for payments and embedded finance.
For Europe, where fintech regulation and innovation continue to evolve, Airwallex’s rapid expansion reflects the rising global influence of infrastructure based financial technology. The company’s AI strategy also aligns with broader industry trends seen in markets such as Singapore and the EU, where automated finance and programmable money are gaining prominence in regulatory discussions.