Cross-border fintech Airwallex raises $100M Series D extension at new valuation of $2.6B

Cross-border fintech Airwallex raises $100M Series D extension at new valuation of $2.6B

3 years ago
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https://techcrunch.com/2021/03/23/cross-border-fintech-airwallex-raises-100m-series-d-extension-at-new-valuation-of-2-6b/

Airwallex, the fintech company for cross-border businesses, announced today it has added $100 million more to its Series D round, bumping its valuation up to $2.6 billion. The extension was led by Greenoaks, with participation from Grok Ventures and returning investors Skip Capital and ANZi Ventures.

Co-founder and chief executive officer Jack Zhang told TechCrunch that the new funding will be used for Airwallex’s United States launch in the second quarter of this year, expand its payment coverage to new regions like the Middle East, Africa, Eastern Europe and Latin America, and add more products, including physical cards.

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