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Airwallex

airwallex.comadded 2026-09-02
Valuation nearly doubled in 13 months ($6.2B→$11B) while ARR growth decelerated from 90% to 74% YoY — the valuation is now running ahead of the fundamentals growth rate

Worth-Joining Index · Scorecard

v2.1 ALPHA · 2026-08

Career Score

71/100

Coverage

89%

Verified

40%

Stage cohort

Late

Vibe Check

🎪 community voting coming soon

Momentum
11/16
Efficiency
13/14
Backing
4/5
Market
6.6/11
Product
7.7/11
Upside
9.5/16

Latest valuation

$11B (Series H, 2026-06)

Series G · 2025-12

ARR run-rate

~$1.3B ARR run-rate

Team size

Over 2,300 employees across 27 offices

figures vary
跨境支付企业金融Fintech基础设施Founded · 2016Stage · Growth (Late-stage, Series H)HQ · Singapore / MelbourneSize · Over 2,300 employees across 27 offices (2026-06)

Traction · Key numbers

ARR run-rate~$1.3B ARR run-rate (2026-03)Company's own press release announcing Series H funding Publicly verifiableas of 2026-03
营收增速74% YoY growth in annualized revenue (as of 2026-03)Company's own press release; 74% YoY growth Publicly verifiableas of 2026-03
Valuation pace$6.2B (May 2025, Series F) → $8B (Dec 2025, Series G) → $11B (Jun 2026, Series H) — nearly doubled in 13 months Company-claimedas of 2026-06
Headcount2,300+ employees across 27 offices (Jun 2026) Company-claimedas of 2026-06

Funding

Rounds

2

Valuation pace

$6.2B → $8B → $11B

G

$330M

Series G · 2025-12 · valuation $11B post (Series H, 2026-06) · led by Addition

With: Activant, T Rowe Price Associates, Lingotto, Robinhood Ventures, TIAA Ventures · A 30% jump from the May valuation; company established San Francisco as a dual global HQ

F

$300M

Series F · 2025-05 · valuation $6.2B post

With: Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, Visa Ventures · Includes $150M in secondary share sales; brought total funding raised to $1.2B

Valuation nearly doubled in 13 months ($6.2B→$11B) while ARR growth decelerated from 90% to 74% YoY — the valuation is now running ahead of the fundamentals growth rate

Addition led back-to-back rounds, signaling strong existing-investor conviction, but also narrowing room for new-investor price discovery

$1.3B ARR is a rare real-scale number among fintech infra players — this is past cold-start and now competing at platform scale

Founders

Jack Zhang CEO

University of Melbourne grad, former algorithmic trader at ANZ and Aviva, started a Melbourne cafe with Max Li before founding Airwallex

Lucy Liu President

University of Melbourne finance graduate who invested $1M as an early angel and became co-founder and President

Max Li Head of Design

Trained architect who co-ran a cafe with Jack Zhang before co-founding the company

Jacob (Xijing) Dai CTO

Co-founder overseeing technical architecture

Reality · Working here

H1B / PERMUnknown
Remote policyUnknown
Comp modelUnknown
GlassdoorUnknown — work here? Help us fill this in →
Equity liquidityUnknown
Hiring statusUnknown

Signals & Risks

CompetitorsStripeAdyenWiseRevolut
ValuationValuation rose from $6.2B to $8B in seven months, outpacing revenue growth — future rounds face pressure to justify the multiple
CompetitionCrowded cross-border payments space with entrenched rivals like Stripe, Adyen, and Wise limits differentiation
RegulatoryAs a multi-jurisdiction licensed payments institution, the business is highly exposed to regulatory and compliance risk as it expands

Editorial ✎

Good fit for

· Engineers who want to build genuinely global, multi-licensed payments infrastructure — cross-border clearing, multi-currency accounts, and compliance systems are the real, hard problems here

· People who like scaling work at an already-validated high-growth company — $1.3B ARR means the systems carry real production traffic, not a pitch deck

· Candidates interested in embedded finance / business banking who want a seat in the Stripe/Adyen-adjacent race

Not for

· People chasing early-stage equity upside / high-variance payoffs — after a 13-month valuation doubling, future-round equity return potential is already compressed

· Engineers/PMs who dislike heavy multi-jurisdiction financial regulation — product velocity here is gated by licensing and compliance cadence

Ask in the interview

1. Valuation went from $6.2B to $11B in 13 months while ARR growth slowed from 90% to 74% — how does the company justify the next round's valuation multiple?

2. Against established players like Stripe, Adyen, and Wise, what is Airwallex's actual differentiation moat — beyond a generic 'faster and cheaper'?

3. As a multi-jurisdiction licensed institution, which licenses were added in the past 12 months, and were any markets delayed or exited due to regulatory issues?

Data changelog

Community corrections → editorial review → applied, fully on the record

2026-09-02
最近一轮领投机构 filled in as Addition

data as of 2026-06 · Source: Airwallex newsroom (company press release)

Publicly verifiable
2026-09-02
最近一轮估值 filled in as $11B post (Series H, 2026-06)

data as of 2026-06 · Source: Airwallex newsroom (company press release)

Publicly verifiable
2026-09-02
团队规模 filled in as Over 2,300 employees across 27 offices (2026-06)

data as of 2026-06 · Source: Airwallex newsroom (company press release)

Publicly verifiable
2026-09-02
收入增速 filled in as 74% YoY growth in annualized revenue (as of 2026-03)

data as of 2026-03 · Source: Airwallex newsroom (company press release)

Publicly verifiable
2026-09-02
ARR / 年化收入 filled in as ~$1.3B ARR run-rate (2026-03)

data as of 2026-03 · Source: Airwallex newsroom (company press release)

Publicly verifiable
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