Funding Round · Embedded Finance · 2022

Airwallex Series E2 extension US$100M at US$5.5B valuation

Airwallex raised $100M Series E extension (Series E2) led by Square Peg, Salesforce Ventures, Sequoia Capital China, Lone Pine Capital, Hermitage Capital, 1835i Ventures, Tencent, HostPlus, North American pension fund on October 11, 2022.

Primary
Airwallex
Counterparty
Square Peg, Salesforce Ventures, Sequoia Capital China, Lone Pine Capital, Hermitage Capital, 1835i Ventures, Tencent, HostPlus, North American pension fund
Amount
$100M
Structure
Series E extension (Series E2)
Date
October 11, 2022
Sub-sector
Embedded Finance

Global payments and banking infrastructure platform raised additional capital at flat valuation to fund product expansion, hiring, and international growth amid challenging market conditions.

Primary company
Airwallex
Amount
$100M
Event date
October 11, 2022
Sub-sector
Embedded Finance
HQ
Structure
Series E extension (Series E2)
Source published
October 11, 2022
Publisher
PR Newswire / FNArena

Source: fnarena.com