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AIRWALLEX JUST RAISED NEW FUNDING AT A $12 BILLION VALUATION
That's a 50% jump from its $8 billion valuation just 8 months ago. Same lead investor both rounds: Lee Fixel's Addition.
The ARR number underneath the valuation is just as notable:
Airwallex has crossed $1.5 billion in annual recurring revenue, up from $1 billion last October. The company is targeting $2 billion ARR by year-end.
Its U.S. unit processes around $100 billion for more than 40,000 businesses.
The next move: Airwallex is seeking a U.K. banking license, mirroring the Revolut playbook to become a full business financial superapp.
Competes with Stripe and Citi. Australia-founded, now headquartered in San Francisco.
IPO speculation is growing, though CEO Jack Zhang has said he has no near-term plans to go public, per Axios.
@airwallex
ÚLTIMA HORA:
Llegada de embarcaciones militares estadounidenses del Comando Sur en entrenamientos anfibios en Playa Arroyo en Puerto Rico.
El miedo es libre.
El cartel de los Soles esta asustado.
$QFE is heading to 100M+ Mark my words.
$QFE is more than a meme coin by now. It’s a movement.
The first meme created with Starlink.
QUANTUM FART ENTANGLEMENT has a great story and narrative behind it. @mymemeidea
DECqp3qgUAarXoP2FssBnFXPsqtLhc5Y9UuvjxWMpump
Start 2025 strong! 💪 Personalized fitness coaching to crush your goals—at home, in the gym, or online. 🏋️♂️
DM @franfelguefitness on IG or TikTok to start your transformation today! 🔥 Let’s make 2025 YOUR year!
#GYM#FYP $USA
https://t.co/8Z6VwSsbVX