Airwallex
SG · Singapore and San Francisco · Multiple (80+ licenses globally)
Airwallex is a BaaS Provider based in SG (Singapore and San Francisco), regulated by Multiple (80+ licenses globally). The institution operates an active Banking-as-a-Service program, launched in 2015.
Airwallex supports the following products and services: Payments, Cards, Accounts, FX. The bank serves customers across Global (180+ countries).
Notable fintech partners include Arsenal FC, Intuit QuickBooks, BILL, Mastercard.
- Products Supported
- PaymentsCardsAccountsFX
- Geographies Served
- Global (180+ countries)
- Charter / Regulator
- Multiple (80+ licenses globally)
- API Standards
- REST API
- Minimum Deal Size
- Not publicly disclosed
- Year Program Launched
- 2015
Arsenal FC, Intuit QuickBooks, BILL, Mastercard
None confirmed active
Valued at $8B (Series G, Dec 2025). Annualized revenue exceeded $1B (Oct 2025). Transaction volume $235B+.
2,000+ employees. Card issuing in 60+ countries.
Airwallex Launches Connected Account Console for Embedded Finance Platforms
Airwallex introduced a Connected Account Console, a web-based portal enabling platforms to onboard, monitor, and manage connected accounts within its embedded finance ecosystem. The console offers global visibility and upcoming features for transaction management. It is designed to simplify account operations for platforms embedding financial services.
Airwallex Raises $300M Series F at $6.2B Valuation for Global Payments
Airwallex raised $300M in a combined primary Series F and secondary transaction, bringing total funding to $1.2B at a $6.2B valuation. The cross-border payments and banking infrastructure platform will use the capital to expand into Japan, Korea, the UAE, and Latin America. The round underscores strong investor appetite for global payments infrastructure.
Airwallex Launches Global Payments and Embedded Finance in Canada
Airwallex launched its global payments platform in Canada, offering cross-border payments, treasury, spend management, and embedded finance capabilities. The expansion provides Canadian businesses with an alternative to traditional banking for international financial operations. This marks a significant geographic expansion for Airwallex's embedded finance offering.
Airwallex Launches in US via Evolve Bank Partnership
Australian fintech platform Airwallex launched in the US around August 2021 through a partnership with Evolve Bank & Trust, focusing on cross-border payments. The partnership enables Airwallex to offer its global payments infrastructure to US businesses. This represents Evolve Bank's continued role as a key sponsor bank in the embedded finance ecosystem.
Airwallex and Visa Debut Borderless Cards for Businesses
Airwallex and Visa partnered to launch Borderless Cards, offering businesses multi-currency card capabilities for international payments. The product debuted at Pause Fest 2020 in Melbourne. It enables businesses to spend globally without foreign exchange markups, embedding payments into Airwallex's cross-border financial platform.
Cross-Border Payments Platform Airwallex Raises $100M to Achieve Unicorn Status
Airwallex, a cross-border payments infrastructure provider, raised $100 million in Series C funding led by DST Global, valuing the company at over $1 billion. The round made Airwallex a unicorn and supported its mission to provide embedded payments and FX infrastructure for businesses globally.
Airwallex Raises $80M to Expand Cross-Border Payments Infrastructure
Airwallex raised $80 million to scale its cross-border payments infrastructure platform. The company provides API-driven FX and payment rails that enable businesses to move money internationally. The raise positions Airwallex as a key embedded payments infrastructure provider for businesses operating across borders.