Airwallex is doubling down on the United States.
The global payments giant has raised $330 million in fresh Series G funding, a round led by Addition with participation from Robinhood Ventures and T. Rowe Price — pushing its valuation to $8 billion, up from $6.2 billion after its last round.
The move signals one thing: Airwallex is gearing up for an aggressive Western expansion.
A New US Headquarters — and a Hiring Surge
Backed by Tencent, Airwallex will now establish a second global headquarters in San Francisco, a strategic shift designed to bring the company closer to its fast-growing US customer base.
“Our US business is growing quickly, and we want more local support for our customers over there,” co-founder and president Lucy Liu told The Business Times.
To support the expansion, Airwallex plans to double its US headcount to 400, with most of the new roles based in San Francisco. The company already operates a sales hub in Austin, Texas, but a full headquarters signals a larger investment in talent, regulatory relationships, and product development within the country.
Liu said the new capital puts the company in a stronger competitive position to hire high-caliber talent and build out the next generation of its financial infrastructure products.
Asia Still Matters — Singapore Remains Core
While the US will power upcoming growth, Airwallex isn’t shifting focus away from Asia.
Liu emphasized that Singapore will remain the company’s Asia headquarters, with plans to deepen its role as a regional hub.
Her phrase for the next chapter: Airwallex aims to be “everywhere all at once.”
The company also expanded aggressively this year into 12 new markets, including France, Japan, and the UAE — part of its goal to become the default global payments layer for businesses operating across borders.
A Strategic Acquisition in Indonesia
In a parallel move, Airwallex confirmed the acquisition of Skye Sab Indonesia, a payment services provider with a Penyedia Jasa Pembayaran (PJP) Category 1 license.
This license gives Airwallex the ability to operate all core payment services in the country, including onboarding, payments, remittances, and fund management — essentially unlocking full-stack operations in Southeast Asia’s largest economy.
“Indonesia’s fast-growing economy and vibrant SME sector present immense opportunities,” said Arnold Chan, Airwallex’s APAC general manager.
With this acquisition, Airwallex positions itself to tap into a rapidly digitizing market of entrepreneurs, exporters, e-commerce sellers, and global suppliers.
AI Becomes a Core Growth Engine
AI is no longer an experiment for Airwallex.
The company is moving fast on AI agents, including its recently launched Expense Submission Agent, which automatically collects receipts, matches them to transactions, categorizes expenses, and fills in reporting fields.
On the backend, Airwallex has already embedded AI into its compliance and operational workflows, helping the company boost accuracy while navigating complex regulatory environments across 200+ markets.
With global fintech competition rising, AI becomes both a differentiator and a cost-saving engine — two factors investors increasingly prioritize.
Record Revenue and Transaction Volume
Airwallex’s financials show momentum:
- Annualized 2025 revenue surpassed $1 billion in October, up 90% year over year.
- Annualized transaction volume exceeded $235 billion, doubling from last year.
- The company now holds 80 licenses and permits worldwide.
- Operations span 200+ countries and regions.
In a macro-environment where many fintechs struggle to raise capital or show growth, Airwallex’s numbers stand out.
Why Investors Are Backing Airwallex Now
The Series G round arrives at a critical time for global fintech. Valuations across the sector have compressed, but cross-border commerce is booming. Airwallex’s infrastructure — powering payments, FX, financial operations, and now AI-driven workflows — sits directly in that growth lane.
Investors are betting on:
- Rising global e-commerce volumes
- The shift from legacy banking rails to API-first financial platforms
- The growing demand for unified global money movement
- AI-driven financial operations for SMEs and enterprises
Airwallex’s ability to scale both geographically and technologically appears to have strengthened confidence in its long-term playbook.
What Comes Next
With a fresh $330 million in the bank, Airwallex is entering its most ambitious phase yet:
- Deepening its US presence through a second headquarters
- Accelerating hiring across engineering, compliance, and product
- Expanding in Asia, especially Indonesia and Singapore
- Building more AI agents to automate financial operations
- Pursuing more global licenses and market entries
For a company built on cross-border infrastructure, this round could push Airwallex further into the territory once dominated by legacy financial incumbents.