Global financial platform Airwallex has successfully closed a $330 million Series G funding round, elevating its valuation to a formidable $8 billion. This new capital, with Addition leading the investment, is earmarked to fuel an aggressive expansion in the United States and accelerate its advanced artificial intelligence roadmap. The move underscores the company's ambition to redefine the global financial landscape for modern, borderless businesses.
Strategic Funding and Market Confidence
The financing round attracted a consortium of prominent new investors, including T. Rowe Price Associates Inc., Robinhood Ventures, and TIAA Ventures. This investment marks a substantial 30% valuation increase from its Series F round just six months prior, a clear indicator of robust growth. Such strong backing from institutional players underscores significant market confidence in Airwallex's long-term vision and market position.
This strong inbound investor interest was driven by exceptional 2025 operating performance, with annualized revenue surpassing $1 billion, a 90% year-over-year increase. The company also doubled its annualized transaction volume to more than $235 billion, demonstrating rapid platform adoption and scale. Furthermore, with half its customers using multiple products, Airwallex has proven its expanding product-market fit across its offerings.
Fueling U.S. Expansion with New Headquarters
To spearhead its ambitious growth strategy, Airwallex has officially designated San Francisco as a dual global headquarters. This strategic decision positions its core product and engineering teams at the epicenter of technological innovation and world-class talent. The new headquarters will be instrumental in driving the company's U.S. market strategy and key partnerships.
The company has committed a substantial investment of over $1 billion to scale its U.S. operations from 2026 to 2029. As part of this aggressive plan, Airwallex intends to double its U.S. headcount to more than 400 employees within the next twelve months. This rapid expansion also includes doubling its San Francisco office space to support the growing team.
Pioneering the Future with AI-Powered Finance
Airwallex is pioneering the next era of financial operations by developing specialized AI agents to create a fully autonomous finance department. These agents will leverage proprietary contextual data from across the platform to automate complex, high-value financial workflows. This initiative aims to provide businesses with unparalleled speed, accuracy, and efficiency in their financial management processes.
The first suite of these AI agents is being introduced within the company's comprehensive spend management platform. The live Expense Submission Agent automates receipt collection and categorization, while the upcoming Expense Policy Agent will verify submissions against company policies. These intelligent tools are designed to deliver stronger controls, reduce manual workflows, and shorten month-end cycles for customers.
This latest funding round and strategic U.S. expansion firmly establish Airwallex as a formidable leader in the global fintech industry. By integrating a robust financial infrastructure with pioneering AI-driven automation, the company is well-equipped to challenge legacy banking systems. Its unwavering focus on creating a seamless, intelligent financial platform directly addresses the complex needs of today's borderless businesses.