In late June, Airwallex raised $320 million in a Series H funding round led by Addition, which valued the cross-border payments platform at $11 billion
- Airwallex is expanding beyond cross-border payments into 'autonomous finance' with AI-driven tools like T:0, securing significant funding at an $11 billion valuation.
- The company faces geopolitical scrutiny and regulatory investigations in the US and Australia, which it frames as opportunities for a new category of global business.
- Despite IPO readiness, Airwallex's president believes current market conditions are not ideal for a public offering, echoing a trend of companies staying private longer.
Topics: Infrastructure providers, Scalability, Legal regulatory, Tokenization platforms, Institutional capital inflows, Enforcement actions litigation
Tags: #airwallex #autonomousfinance #crossborderpayments #ai #fundinground #t0 #regulatoryscrutiny #ipo #fintech #lucyliu
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