Airwallex has secured $320 million in a Series H funding round, pushing its valuation to $11 billion.
The 38% increase from just six months ago signals strong investor appetite for fintech platforms that are integrating artificial intelligence into core financial infrastructure.
The capital raise underscores a strategic shift for the Melbourne-headquartered company.
Rather than pursuing an immediate public listing, Airwallex is doubling down on building the backend systems required for a future where AI agents autonomously handle business payments and finance.
This pivot positions the firm at the intersection of traditional cross-border payments and the emerging market for AI-driven financial operations.
CEO Jack Zhang has previously confirmed that the company is delaying its initial public offering to focus on this artificial intelligence expansion.