Airwallex secures $320 million at a valuation of $11 billion.

      Airwallex has secured $320 million in a Series H funding round, which values the company at $11 billion, an increase from $8 billion in December. The payments firm is now shifting its focus towards “autonomous finance” and AI agents that handle transactions on behalf of users.

      As a global payments platform, Airwallex has completed a Series H round that raised $320 million, bringing its valuation to $11 billion, a notable rise from $8 billion six months ago. Returning investor Addition led this funding round.

      This rapid increase in valuation, which has seen a $3 billion boost in approximately six months, signifies Airwallex's intention to transition from merely facilitating payments to managing finance autonomously through AI.

      The roster of investors is extensive. In addition to Addition, other contributors include Baillie Gifford, Hummingbird, QED Investors, T. Rowe Price, Hedosophia, Haun Ventures, Washington University in St. Louis, and Amex Ventures, representing a blend of crossover funds, fintech experts, and a crypto investor focused on agent payments.

      Airwallex intends to utilize the new funding to expedite its entry into autonomous finance, broaden its regulatory presence in new markets, and expand its teams that develop AI-driven financial software.

      The motivation behind this funding is strong. As of March 2026, Airwallex reported an annualized revenue of $1.3 billion, representing a 74% year-over-year increase, with annualized transaction volumes reaching $287 billion, up over 120%.

      The platform is demonstrating increased user retention. Currently, over 90% of its revenue is generated from clients who use multiple Airwallex products. This cross-selling aspect is particularly valued by investors, as it enhances account value over time.

      Airwallex's scale is significant, serving over 676,000 businesses globally, either directly or through platform partners. Its offerings include payment acceptance, billing, global accounts, corporate cards, and spend management.

      Founded in Melbourne in 2015, the company possesses over 85 licenses throughout North America, Europe, the Middle East, and Asia-Pacific. It operates with co-headquarters in San Francisco and Singapore, employing more than 2,300 people across 27 offices.

      The focus of this funding round transcends payments alone. Airwallex argues that the licenses and settlement infrastructure it has developed over the past decade are essential for an AI-driven economy. The company aims to build an intelligent framework on top of that.

      “We believe this is a pivotal moment in the history of global finance, and we are adapting our approach accordingly,” stated Jack Zhang, co-founder and CEO. “A decade ago, we were uncertain about the specifics of the agentic economy, but we laid the groundwork for it.”

      To support this claim, the company has introduced two new products. The first, T:0, is an AI-native finance platform designed to manage an entire company’s finance operations. It automates processes such as bookkeeping, forecasting, taxes, compliance, and reporting from the outset and is currently in private beta testing.

      The proposition for T:0 is straightforward. Zhang envisions founders achieving “CFO-grade financials” without the need to hire a finance team or transition existing systems, directly targeting the disparate tools commonly used by small businesses.

      Airwallex is also enhancing its capabilities through acquisitions. Earlier in June, it acquired Leapfin, a platform for revenue recognition and reconciliation, aimed at transforming raw transaction data into GAAP-compliant financials. This acquisition directly supports T:0.

      Zhang often reiterates a simple notion: the AI era has no geographical limitations. Small teams are increasingly taking a global approach from the outset, often managed by a few individuals and supported by various agents. Airwallex wants to serve as their finance department.

      The second product is Airi, an agentic consumer wallet. Upon launch, it incorporates Airwallex’s one-click checkout feature, which has reportedly improved successful checkout conversions by up to 14% during initial tests.

      The broader vision for Airi involves it becoming a wallet infrastructure for software agents that make purchases on users' behalf. This includes delegated payments, spending limits, permission controls, and multi-currency balances, all operating on regulated networks.

      The reasoning is simple: when an AI agent makes transactions for users, it requires a secure, global means to interact with real money, whether fiat or stablecoins. Airwallex seeks to be that secure channel.

      Airwallex is not the only contender in this field. The competition to dominate the payment infrastructure that AI agents utilize has become one of the most competitive areas in fintech.

      Prominent companies are already making advancements. Stripe has adapted its Link wallet for agents and previewed stablecoin settlement for inter-agent payments. OpenAI has integrated Visa into ChatGPT, enabling its agents to shop and pay across numerous merchants. Mastercard, PayPal, and Google are also in the process of developing competing protocols