Airwallex’s major investors include the likes of Tencent Holdings, Lone Pine Capital, and Sequoia China, now known as Peak XV.
Global fintech payments firm Airwallex has announced a 1,213% y-o-y revenue growth for the 1H2023 and a 1,015% - or 11x - growth in total transaction volume for its Singapore business.
The fintech firm, which was founded in Australia in 2015, has also named Singapore as its new global headquarters on Nov 9. Kai Wu, Airwallex’s chief revenue officer and APAC executive general manager cites the city-state as a gateway to the Asia Pacific region amidst its plans to expand to other Southeast Asian countries in the future.
