## Airwallex

### Overview
Airwallex is financial software for businesses to send, receive, and manage cross-border payments.

### Key Metrics

#### Revenue
- **2026:** $1.30B

#### Valuation
- **2026:** $11.00B

#### Funding
- **2026:** $1.90B

#### Growth Rate (y/y)
- **2025:** 70%

### Details
- **Headquarters:** Singapore, Singapore  
- **CEO:** Jack Zhang  
- **Website:** [airwallex.com](https://www.airwallex.com/)  
- **Founding Year:** 2015  
- **Listed In:**  
  - [#b2b](/content/t/b2b/index.html)  
  - [#fintech](/content/t/fintech/index.html)

### Milestones and Growth
- **Updated:** Jul 14, 2026

#### Revenue Metrics
- Airwallex is projected to achieve $2B in Annual Recurring Revenue (ARR) by year-end 2026. It now serves over 200,000 businesses globally, processing nearly $300B in annualized transaction volume.

#### Product Offerings
- The company began as a cross-border payments platform for SMBs and has since expanded its product suite, focusing on higher-margin products like domestic payments and card issuing. By mid-2025, over 50% of gross profit came from these newer products.

### Competition
- **Traditional Banks:** Compete with major banks like Citibank leveraging the SWIFT network.  
- **Fintechs:** Compete with companies like Stripe and Wise, but Airwallex distinguishes itself with a broader suite of services.
- **Embedded Finance:** A growing area where Airwallex is positioning itself to provide comprehensive financial solutions to businesses globally.

### Risks
- **Regulatory Pressure:** Increased compliance costs and the need for licenses in various jurisdictions.  
- **Bank Partnerships:** Dependency on relationships with banks can expose the company to disruptions.  
- **Market Commoditization:** Increased competition could lead to pricing pressure and affect margins.

### Recent News
- **July 24, 2026:** Collaboration with Visa to enhance payment processes for freight platforms.  
- **June 26, 2026:** Achieved $11 billion valuation after a $320 million funding round.

### Future Outlook
As Airwallex expands its geographical reach, particularly into the U.S., Europe, and the Americas, it aims to capture a larger share of the $100T+ market for cross-border B2B payments.