Payments fintech Airwallex has raised a $160 million Series D from ANZi Ventures and Salesforce Ventures, along with existing investors DST Global, Tencent, Sequoia Capital China, Hillhouse Capital and Horizons Ventures.
“The global transition to digital is imminent,” said Jack Zhang, CEO and co-founder of Airwallex.
“We envision a world in the not-so-distant future where all businesses operate and manage their businesses online – including their banking – using modern tools. »
Airwallex plans to expand into new markets, notably in the Middle East, while accelerating its growth through the acquisition of customers in Europe and the United States. It is also studying acquisitions in the area of payments to accelerate its offerings.
“The commitment and confidence of new and existing investors in this cycle [are] a strong validation of our successes and strategic vision,” said Mr. Zhang.
“With their support, we look forward to accelerating our growth and further empowering businesses around the world.” »
Airwallex has raised $360 million in equity capital since its inception.
“ANZi Ventures is pleased to make a strategic investment in Airwallex, one of Australia’s leading fintech companies,” said Ron Spector, Managing Director of ANZi.
“We look forward to working further with the team to support their vision of creating a next-generation digital payments platform for SMBs and businesses around the world.” »
