Airwallex Raises $300M as Fintech Investment Stays Hot

Fintech companies continue to attract strong investor interest, and Airwallex is the latest example.

The business payments platform announced that it has secured $300 million in fresh capital at a $6.2 billion valuation. The deal includes $150 million in Series F funding and another $150 million allocated to secondary share purchases, allowing existing shareholders to sell a portion of their holdings.

The funding arrives during an active period for the fintech sector, where both private investments and public market activity have been gaining momentum. Recent weeks have seen several major developments that suggest investors are becoming more confident about financial technology companies.

Among the notable events, eToro recently debuted on the Nasdaq, with its shares jumping sharply in early trading. At the same time, digital banking company Chime filed for an initial public offering, revealing strong revenue growth in its prospectus.

Private market financing has also remained resilient. According to Crunchbase data, funding for U.S. companies in financial services categories has stayed at healthy levels over the past several quarters. Even though the current quarter is only partially complete, investment activity already appears particularly strong.

The largest fintech funding round of the quarter so far has gone to Plaid, which raised $575 million. The company plans to use part of the capital for a tender offer that will allow employees to sell shares.

Another major deal came from Rippling, which secured $450 million in Series G financing. Meanwhile, investment management platform Addepar added $230 million in Series G funding last week.

Signs are also emerging that the IPO market could become more active. Buy now, pay later giant Klarna recently filed an amended prospectus, a move that often signals preparations for a public listing. The company had originally filed for an IPO in March but paused its plans after market conditions weakened.

For Airwallex, the new funding comes as the company continues to expand rapidly. Management says the business expects to reach $1 billion in annual run-rate revenue this year, with recent revenue growth running at 90% year over year.

Founded in Melbourne, Australia, in 2015 and now headquartered in San Francisco, Airwallex has raised more than $1 billion in equity funding to date. Investors participating in the latest round include Square Peg Capital, DST Global, Lone Pine Capital, Blackbird Ventures, Airtree Ventures, Salesforce Ventures, and Visa Ventures.

The latest raise reinforces a growing trend: despite broader market uncertainty, investors are still willing to back fintech companies that show strong growth and a clear path to scale.

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