TechHR
ex
L&D
UNPLUGGED
Sphere
About Us • Contact Us
People Matters ANZ
People Matters Logo
Login / Signup
People Matters Logo
Login / Signup
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

 

 

  • HotTopic
    HR Folk Talk FutureProofHR
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations BigInterview
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
  • About Us
  • Advertise with us
  • Become a sponsor
  • Contact Us
  • Feedback
  • Write For Us

Follow us:

Privacy Policy • Terms of Use

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

People Matters Logo
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast
Login / Signup

Categories:

  • HotTopic
    HR Folk Talk FutureProofHR
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations BigInterview
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
Australia-based Airwallex secures $100 Mn in Series E funding led by HostPlus

News • 11th Oct 2022 • 1 Min Read

Australia-based Airwallex secures $100 Mn in Series E funding led by HostPlus

TechnologyFunding & InvestmentStartups

Author: Ajinkya Salvi Ajinkya Salvi
2.9K Reads
The fintech startup's funding amount has raised to more than $900 Mn post the latest investment.

Fintech startup Airwallex has secured $100 million in Series E funding. The round was led by the new investors HostPlus, an Australian industry superannuation fund, and an unnamed North American pension fund participated in the round.

They were also joined by existing investors including Tencent, Square Peg, Salesforce Venture, Sequoia Capital China, Lone Pine Capital, Hermitage Capital and 1835i Ventures. 

The Australia-based startup was founded in 2015 by the owners of a Melbourne coffee shop, including chief executive officer Jack Zhang.

The latest cash injection leads to the startup's funding total to more than US$900 million and sustains its valuation at about US$5.5 billion. 

The funding will be used by Airwallex to accelerate its international expansion and hire more tech talent.

Co-founder and chief executive officer Jack Zhang said, “The market environment remains challenging in the foreseeable future, and while we remain well-capitalised, this additional runway allows us to continue our growth plans, product expansion and hire some of the best talents in the world.”

He also added that they plan to strengthen the breadth of their global reach and product offering, better empower their customers to unlock new market opportunities and enable businesses to maximise revenues and accelerate growth.

Airwallex provides services including cross-border end-to-end payments and collection solutions for customers. According to its press release, the fintech platform currently serves the e-commerce markets in China, the US and the United Kingdom. 

The company currently employs over 1,000 people across 19 international officers in 11 territories.

Read More

Did you find this article helpful?


You Might Also Like

TechDiversity marks decade of DEI progress

NEWS • 8th May 2025 • 2 Min Read

TechDiversity marks decade of DEI progress

DiversityTechnology#DEIB
Australia, New Zealand have highest ROI on genAI

NEWS • 17th Apr 2025 • 3 Min Read

Australia, New Zealand have highest ROI on genAI

Technology#Artificial Intelligence
Alphabet, Nvidia back Ilya Sutskever's SSI

NEWS • 15th Apr 2025 • 3 Min Read

Alphabet, Nvidia back Ilya Sutskever's SSI

TechnologyFunding & Investment
NEXT STORY: PERSOL Asia Pacific acquires Workmate in 8-figure deal

Trending Stories

  • design-thinking-hr

    Skype is dead: Did Microsoft's leadership let a billion-doll...

  • design-thinking-hr

    Keeping the C-suite in the C-suite - how do we reduce execut...

  • design-thinking-hr

    Return to office: the legalities

  • design-thinking-hr

    The trust factor: Why modern leaders can’t afford to overl...

People Matters Logo

Follow us:

Join our mailing list:

By clicking “Subscribe” button above, you are accepting our Terms & Conditions and Privacy Policy.

Company:

  • About Us
  • Advertise with us
  • Become a sponsor
  • Privacy Policy
  • Terms of Use

Contact:

  • Contact Us
  • Feedback
  • Write For Us

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

Get the latest Articles, Insight, News & Trends from the world of Talent & Work. Subscribe now!
People Matters Logo

Welcome Back!

or

Enter your registered email address to login

Not a user yet? Lets get you signed up!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

People Matters Logo

Welcome! Let's get you signed up...

Starting with the absolulte basics.

Already a user? Go ahead and login!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

Let's get to know you better

We'll never share your details with anyone, pinky swear.

And lastly...

Your official designation and company name.