Funding round
Airwallex Series E
Airwallex, which works in global payments processing in Singapore, raised $100M in a Series E round announced on 10 Oct 2022, at a $5.50B post-money valuation. 10 firms took part. It is Airwallex's sixth venture round on record; the one before was a Series D in Mar 2021.
$100M
Amount raised
$5.50B
Post-money valuation
$5.40B pre-money
10
Investors
no lead named
2.1x
Step-up from the Series D
$2.60B in Mar 2021
1.8%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Airwallex at $5.50B after the new money, 2.1 times the $2.60B of its Series D (Mar 2021). The $100M bought investors about 1.8% of the company. It came 19 months after Airwallex's Series D. It is 7.4% of the $1.35B Airwallex has raised in the venture rounds on record. Airwallex raised again 31 months later: a Series F round of $300M in May 2025, at $6.20B post-money.
Airwallex's funding rounds
Airwallex has 9 venture rounds on record and 1 other deal. This one is highlighted.
- Pre-seed 5 Jul 2016, led by Gobi Partners $3.0M
- Series A 1 May 2017, led by Tencent Holdings $13M
- Other not a venture round 15 Dec 2017 $6.0M
- Series B 3 Jul 2018, led by Tencent and HSG $80M
- Series C 26 Mar 2019, led by DST Global $100M$1.00B post-money
- Series D 23 Mar 2021, led by Greenoaks $100M$2.60B post-money
- Series E this round 10 Oct 2022 $100M$5.50B post-money
- Series F 21 May 2025, led by Square Peg $300M$6.20B post-money
- Series G 8 Dec 2025, led by Addition $330M$8.00B post-money
- Series H+ 25 Jun 2026, led by Addition $320M$11.00B post-money
Investors
Who put money in
10 firms took part; no lead investor was named.
Investors
- HSG backs 118 venture-backed companies new investor
- Lone Pine Capital new investor
- Tencent new investor
- HostPlus new investor
- backs 55 venture-backed companies new investor
- Salesforce Ventures backs 314 venture-backed companies new investor
- backs 2 venture-backed companies new investor
- 1835i Ventures new investor
- North American pension fund new investor
- leading North American pension fund
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations, acquisitions and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
The closest in time, other companies' Series E rounds in Payment Processing & Point of Sale:
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Airwallex raise in its Series E round?
Airwallex raised $100M in its Series E round, announced in Oct 2022.
Which investors took part in Airwallex's Series E round?
HSG, Lone Pine Capital, Tencent, HostPlus, Square Peg and Salesforce Ventures and 4 more.
What was Airwallex's valuation at the Series E round?
$5.50B post-money ($5.40B pre-money).
Did Airwallex raise again after this round?
Yes: a Series F round in May 2025 of $300M at $6.20B post-money.