Airwallex: Raises $320M at $11B Valuation
Airwallex raises $320 million Series H at $11 billion valuation, 38% jump in six months, funding AI-powered financial software with Addition and Baillie Gifford.
SourceAnalysis
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, accelerating fintech funding round activity and global payments company valuation growth in AI financial software investment.
CNBC
@CNBCCNBC delivers real-time financial market coverage and business news updates. The channel provides expert analysis of Wall Street trends, corporate developments, and economic indicators. It features insights from top executives and industry specialists, keeping investors and business professionals informed about money-moving events. The coverage spans global markets, personal finance, and technology sector movements.