# Airwallex

> Source: https://docs.barcoder.ai/docs/wallets/airwallex
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Airwallex — official](https://www.airwallex.com/)

## Overview

**Airwallex** is Australian + Hong Kong founded global payments fintech + **$8B valuation post-Dec 2025 $330M Series G** + **San Francisco dual global HQ** + **200,000+ businesses** + **US$235B annual transaction volumes Oct 2025** + **$700M+ revenue** + **+50% customer base growth 2024 to 150,000 businesses** <sup>[1][1], [2][2], [Australia report](https://docs.barcoder.ai/docs/payments/AU)</sup>. **2025 baseline**: Airwallex 200,000+ businesses + US$235B annual transaction volumes Oct 2025 + $700M+ revenue + $8B valuation post-Dec 2025 $330M Series G ~30% above $6.2B Series F valuation six months earlier; **San Francisco dual global HQ establishment** distinctive global payments fintech US expansion; **Mar 2025 Airwallex exceeded $130B in global annualized payments volume and had grown its customer base by 50% in 2024 to serve 150,000 businesses**.

**Distinctive Airwallex positioning**:
- **Australian + Hong Kong founded global payments fintech** (Airwallex Pty Ltd; airwallex.com; $8B valuation post-Dec 2025 $330M Series G)
- **200,000+ businesses** distinctive global payments fintech scale
- **US$235B annual transaction volumes Oct 2025** distinctive global payments fintech transaction volume
- **$700M+ revenue** distinctive global payments fintech revenue scale
- **+50% customer base growth 2024 to 150,000 businesses** distinctive global payments fintech growth
- **$8B valuation post-Dec 2025 $330M Series G ~30% above $6.2B Series F valuation six months earlier** distinctive global payments fintech valuation milestone
- **San Francisco dual global HQ establishment** distinctive global payments fintech US expansion
- **2015 Airwallex founding by Jack Zhang + Lucy Liu + Max Li + Xijing Dai in Melbourne, Australia** distinctive Australian + Hong Kong global payments fintech founder heritage

## History

**2015 — Airwallex founded by Jack Zhang + Lucy Liu + Max Li + Xijing Dai in Melbourne, Australia** as Australian + Hong Kong global payments fintech.

**2017 — Airwallex mobile app launches** as Australian + Hong Kong global payments fintech.

**Nov 2022 — Airwallex $6.2B Series F valuation post-$300 million Series F** post-DST Global + Salesforce Ventures + Sequoia Capital China + Greenoaks + Tencent + Lone Pine Capital + ANB Capital + Hillhouse + Square Peg Capital + Mastercard investors.

**Mar 2025 — Airwallex exceeded $130B in global annualized payments volume and had grown its customer base by 50% in 2024 to serve 150,000 businesses**.

**Oct 2025 — Airwallex reported annual transaction volumes of US$235B**.

**Dec 2025 — Airwallex $8B valuation post-$330M Series G ~30% above $6.2B Series F valuation six months earlier + San Francisco dual global HQ establishment** <sup>[1][1], [2][2], [3][3]</sup>.

**2025 — Airwallex 200,000+ businesses + $700M+ revenue**.

## Ownership & operator

**Operating entity**: **Airwallex Pty Ltd** (Australian + Hong Kong founded global payments fintech; $8B valuation post-Dec 2025 $330M Series G; San Francisco dual global HQ).

**Major shareholders**: **Jack Zhang (co-founder + CEO) + Lucy Liu (co-founder + President) + Max Li (co-founder) + Xijing Dai (co-founder) + DST Global + Salesforce Ventures + Sequoia Capital China + Greenoaks + Tencent + Lone Pine Capital + ANB Capital + Hillhouse + Square Peg Capital + Mastercard + venture capital investors**.

**Regulators**: **ASIC (Australian Securities & Investments Commission) + APRA (Australia) + HKMA (Hong Kong) + FCA (UK) + AMF (France) + DNB (Netherlands) + MAS (Singapore) + FinCEN (US) + others**.

## Technical integration

Airwallex mobile app (iOS + Android; 200,000+ businesses; US$235B annual transaction volumes Oct 2025) + airwallex.com online + Airwallex Visa + Mastercard debit + credit cards + Airwallex API (developer-first global payments platform); ACH + RTP + SEPA + SEPA Instant + Faster Payments GB + SWIFT + PayNow + PayID + FPX Malaysia + HKMA CBDC; **Airwallex developer-first global payments platform + multi-currency accounts + Borderless cards + international payouts + foreign exchange + treasury + payment acceptance + Airwallex Issuing + Airwallex Embedded Finance** distinctive Australian + Hong Kong global payments fintech comprehensive offering.

## Users & growth

**2025**: Airwallex 200,000+ businesses + US$235B annual transaction volumes Oct 2025 + $700M+ revenue + Mar 2025 Airwallex exceeded $130B in global annualized payments volume and had grown its customer base by 50% in 2024 to serve 150,000 businesses.

## Use cases

Australian + Hong Kong + global retail + private + business + startup + enterprise + cross-border payments + multi-currency accounts + Borderless cards + international payouts + foreign exchange + treasury + payment acceptance + Airwallex Issuing + Airwallex Embedded Finance via Airwallex mobile + airwallex.com online + Visa/Mastercard debit + credit cards + Airwallex API; ACH + RTP + SEPA + SEPA Instant + Faster Payments GB + SWIFT + PayNow + PayID + FPX Malaysia + HKMA CBDC; **Airwallex developer-first global payments platform + multi-currency accounts + Borderless cards + international payouts + foreign exchange + treasury + payment acceptance + Airwallex Issuing + Airwallex Embedded Finance** distinctive Australian + Hong Kong global payments fintech comprehensive offering.

## Implementations & partners

**Operator**: Airwallex Pty Ltd (Australian + Hong Kong founded global payments fintech; $8B valuation post-Dec 2025 $330M Series G; San Francisco dual global HQ); Jack Zhang (co-founder + CEO) + Lucy Liu (co-founder + President) + Max Li (co-founder) + Xijing Dai (co-founder) + DST Global + Salesforce Ventures + Sequoia Capital China + Greenoaks + Tencent + Lone Pine Capital + ANB Capital + Hillhouse + Square Peg Capital + Mastercard + venture capital investors.

**Major global payments fintech competitors**: [Stripe](https://docs.barcoder.ai/docs/wallets/stripe) (US global payments platform; ~$95B valuation post-Mar 2024 employee tender offer; >$1.4T in transaction volume 2024; Adyen + Block + Square + PayPal competitors) + [Adyen](https://docs.barcoder.ai/docs/wallets/adyen) (Dutch global payments platform; ENXTAMS: ADYEN; €974B+ processed volume H1 2025) + [Wise (formerly TransferWise)](https://docs.barcoder.ai/docs/wallets/wise) (UK + Estonian global money transfer fintech; LON: WISE; 17M+ active customers; £165.6B transferred FY 2025) + [PayPal](https://docs.barcoder.ai/docs/wallets/paypal) (US global payments + digital wallet; NASDAQ: PYPL; 426M+ active accounts; $1.7T+ total payment volume 2024) + [Revolut](https://docs.barcoder.ai/docs/wallets/revolut) (UK global expansion; 50M+ customers; $48B valuation post-Aug 2024 secondary share sale) + [Remitly](https://docs.barcoder.ai/docs/wallets/remitly-app) (US + Canadian global remittances; NASDAQ: RELY; 7.7M+ active customers Q3 2025) + Stripe Treasury (Stripe Treasury BaaS) + [Brex](https://docs.barcoder.ai/docs/wallets/brex) (US business banking + corporate card; Capital One $5.15B acquisition).

**Regulators**: ASIC + APRA + HKMA + FCA + AMF + DNB + MAS + FinCEN + others.

## Fun facts

- **Australian + Hong Kong founded global payments fintech** (Airwallex Pty Ltd; airwallex.com; $8B valuation post-Dec 2025 $330M Series G).
- **200,000+ businesses** distinctive global payments fintech scale.
- **US$235B annual transaction volumes Oct 2025** distinctive global payments fintech transaction volume.
- **$700M+ revenue** distinctive global payments fintech revenue scale.
- **+50% customer base growth 2024 to 150,000 businesses** distinctive global payments fintech growth.
- **$8B valuation post-Dec 2025 $330M Series G ~30% above $6.2B Series F valuation six months earlier** distinctive global payments fintech valuation milestone.
- **San Francisco dual global HQ establishment** distinctive global payments fintech US expansion.
- **2015 Airwallex founding by Jack Zhang + Lucy Liu + Max Li + Xijing Dai in Melbourne, Australia** distinctive Australian + Hong Kong global payments fintech founder heritage.

## Comparison

| Feature | Airwallex | [Stripe](https://docs.barcoder.ai/docs/wallets/stripe) (US global payments platform rival; ~$95B valuation post-Mar 2024 employee tender offer; >$1.4T in transaction volume 2024) | [Adyen](https://docs.barcoder.ai/docs/wallets/adyen) (Dutch global payments platform rival; ENXTAMS: ADYEN; €974B+ processed volume H1 2025) | [Wise (formerly TransferWise)](https://docs.barcoder.ai/docs/wallets/wise) (UK + Estonian global money transfer fintech rival; LON: WISE; 17M+ active customers; £165.6B transferred FY 2025) | [PayPal](https://docs.barcoder.ai/docs/wallets/paypal) (US global payments + digital wallet rival; NASDAQ: PYPL; 426M+ active accounts) |
|---|---|---|---|---|---|
| Operator | **Airwallex Pty Ltd (Australian + Hong Kong founded global payments fintech; $8B valuation post-Dec 2025 $330M Series G; San Francisco dual global HQ)** | Stripe Inc. (privately-held; ~$95B valuation post-Mar 2024 employee tender offer) | Adyen N.V. (ENXTAMS: ADYEN) | Wise plc (LON: WISE) | PayPal Holdings Inc. (NASDAQ: PYPL) |
| Type | **200,000+ businesses + US$235B annual transaction volumes Oct 2025 + $700M+ revenue + +50% customer base growth 2024 to 150,000 businesses + $8B valuation post-Dec 2025 $330M Series G ~30% above $6.2B Series F valuation six months earlier + San Francisco dual global HQ establishment + developer-first global payments platform + multi-currency accounts + Borderless cards + Airwallex Issuing + Airwallex Embedded Finance** | US global payments platform + ~$95B valuation post-Mar 2024 employee tender offer + >$1.4T in transaction volume 2024 + Stripe Treasury + Stripe Issuing + Stripe Climate + Stripe Atlas | Dutch global payments platform + €974B+ processed volume H1 2025 + ENXTAMS: ADYEN + Adyen Issuing | UK + Estonian global money transfer fintech + 17M+ active customers + £165.6B transferred FY 2025 + LON: WISE + Wise Account + Wise Business | US global payments + digital wallet + 426M+ active accounts + $1.7T+ total payment volume 2024 + PayPal Holdings + Venmo + Xoom + Hyperwallet |
| Country | AU + HK + CN + SG + GB + US + NL + CA + JP + NZ + MY + ID + PH + TH + VN + AE + IN + BR + MX + IL + EU + MT | US + 50+ countries | NL + 30+ countries | GB + EE + 100+ countries | US + 200+ countries |
| Distinctive | **2015 Airwallex founding by Jack Zhang + Lucy Liu + Max Li + Xijing Dai in Melbourne, Australia; 2017 Airwallex mobile app launch; Nov 2022 $6.2B Series F valuation; Mar 2025 exceeded $130B in global annualized payments volume; Oct 2025 US$235B annual transaction volumes; Dec 2025 $8B valuation post-$330M Series G ~30% above $6.2B Series F valuation six months earlier + San Francisco dual global HQ establishment** | 2010 Stripe founding by Patrick Collison + John Collison in San Francisco | 2006 Adyen founding in Amsterdam by Pieter van der Does + Arnout Schuijff; Jun 13 2018 ENXTAMS IPO | 2011 Wise founding by Taavet Hinrikus + Kristo Käärmann in London; Jul 7 2021 LON direct listing | 1998 PayPal founding by Peter Thiel + Max Levchin + Luke Nosek + Ken Howery + Russel Simmons + Yu Pan |

## Status

**Active, Australian + Hong Kong founded global payments fintech + 200,000+ businesses + US$235B annual transaction volumes Oct 2025 + $700M+ revenue + $8B valuation post-Dec 2025 $330M Series G** <sup>[1][1], [2][2], [3][3]</sup>:
- **Airwallex Pty Ltd (Australian + Hong Kong founded global payments fintech; $8B valuation post-Dec 2025 $330M Series G; San Francisco dual global HQ)** since 2015 Airwallex founding by Jack Zhang + Lucy Liu + Max Li + Xijing Dai in Melbourne, Australia + 2017 Airwallex mobile app launch + Nov 2022 $6.2B Series F valuation + Mar 2025 exceeded $130B in global annualized payments volume + Oct 2025 US$235B annual transaction volumes + Dec 2025 $8B valuation post-$330M Series G + San Francisco dual global HQ establishment.
- **Airwallex 200,000+ businesses + US$235B annual transaction volumes Oct 2025**.
- **$700M+ revenue + $8B valuation post-Dec 2025 $330M Series G ~30% above $6.2B Series F valuation six months earlier**.
- **ASIC + APRA + HKMA + FCA + AMF + DNB + MAS + FinCEN + others regulated**.

## Sources

[1]: https://en.wikipedia.org/wiki/Airwallex "Airwallex — Wikipedia"
[2]: https://www.airwallex.com/global/newsroom/awx-raises-usd330m-series-g-at-usd8b-valuation-establishes-sf-as-dual-global-hq "Airwallex raises $330M Series G at $8B valuation, establishes San Francisco as dual global headquarters — Airwallex"
[3]: https://sacra.com/c/airwallex/ "Airwallex revenue, valuation & funding — Sacra"
[au-cro]: https://docs.barcoder.ai/docs/payments/AU

- [1] [Airwallex — Wikipedia][1]
- [2] [Airwallex raises $330M Series G at $8B valuation, establishes San Francisco as dual global headquarters — Airwallex][2]
- [3] [Airwallex revenue, valuation & funding — Sacra][3]
- <sup>[Australia report](https://docs.barcoder.ai/docs/payments/AU)</sup> In-corpus: `reports/countries/AU-australia.md`

## Source

Biography extracted from [airwallex.md](https://docs.barcoder.ai/source/wallets/airwallex). See `matrix.md` for standards-support matrix if present.