The round includes majority participation from a group of new top-tier global strategic investors, including ANZi Ventures (the corporate venture capital arm of ANZ Bank) and Salesforce Ventures (the global investment arm of Salesforce). . The company is valued at about $1.5 billion pre-money, said the people, who requested not to be named because the matter is private. Airwallex has since secured over $360 million USD in external funding, supported by top-tier investors including Tencent, Sequoia Capital China, DST Global, Hillhouse Capital, Horizons Ventures, ANZi Ventures, Square Peg Capital, Gobi Partners and Salesforce Ventures.
Following vacancies can be applied for (only in Singapore). Started in a Melbourne coffee shop in 2015, the company has attracted backers including Tencent Holdings Ltd., DST Global, Sequoia Capital, Hillhouse Capital Management Ltd. and Mastercard Inc. Airwallex was co-founded by Jack Zhang, the current chief executive officer, along with co-founders Lucy Liu, Jacob Dai and Max Li. The new funding comes on the heels of a momentous year of growth for Airwallex. Airwallex primarily works with business clients such as merchants in China, enabling them to receive overseas payments in local currency within hours.
Salesforce Ventures has invested in more than 375 companies, including DocuSign, GoCardless, Guild Education, nCino, Twilio, Zoom and others across 22 countries since 2009. © Copyright DEALSTREETASIA 2014-2020 All rights reserved. Register to continue reading our free content. More than ever, we are well-positioned to support businesses no matter their size as they adapt to today’s changes.”, “The commitment and confidence from both new and existing investors in this round is a strong validation of our successes and our strategic vision. Airwallex has grown to over 420 employees across 10 international offices (Melbourne, Hong Kong, Shanghai, Shenzhen, Beijing, Singapore, London, San Francisco, Tokyo, and Bangalore). Melbourne-based foreign-exchange transfer company Airwallex has raised $200 million in new capital that will be spent on a planned expansion into the U.S. next year where it will compete with companies like digital payments company Stripe..
Salesforce Ventures is building the world's largest ecosystem of enterprise cloud companies and extending that technology to customers. Global fintech leader Airwallex today announced the launch of the Airwallex Borderless Card for businesse... Airwallex confirms unicorn status following a successful Series C fundraising round of $100m USD. come with exclusive access to archive Airwallex plans to use the new funds to continue its expansion journey by: Accelerating worldwide growth through customer acquisition and licensing, particularly in Europe and the US, and new markets such as the Middle East, Expanding its product line to include payment acceptance capabilities through a proprietary gateway solution as well as partner integration. Airwallex has also been actively recruiting as part of its international expansion goals, hiring more than 140 staff in the first half of the year, and is still looking to fill over 100 open roles across its global offices. The ability to write precisely and urgently is crucial for these roles. The company, which moved its headquarters to Hong Kong in 2018, primarily helps businesses collect and settle payments when their users spend money around the world. Airwallex, valued at $1.8 billion after raising $160 million in the Series D round in April, said the additional funds raised will allow it to further build out its product suite, strengthen its existing footprint in Asia and Europe, and expand its payment coverage to the Middle East, Eastern Europe, and Africa. From left to right: Airwallex co-founders Xijing Dai, Jack Zhang, Lucy Liu and Max Li. Antibody Cocktail Shows Promise; NYC Positivity Up: Virus Update, Stocks Slump as Traders Weigh Outlook for Stimulus: Markets Wrap, Cyberpunk 2077 Publisher Orders 6-Day Weeks Ahead of Game Debut, Disney to Cut 28,000 Jobs in One of Biggest Layoffs of Covid Era, JPMorgan Admits Spoofing by 15 Traders, Two Desks in Record Deal.
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