Airwallex Raises US$320M at US$11B to Build AI-Powered Finance Tools
Source: Fintech News SG
Global payments firm Airwallex has raised US$320 million in Series H funding at an US$11 billion valuation, earmarking the capital for AI-driven financial software and a new consumer wallet. The round comes six months after its previous US$330 million raise.
Global payments firm Airwallex has closed a US$320 million Series H funding round led by returning investor Addition, pushing its valuation to US$11 billion. The company says the fresh capital will be ploughed into building AI-driven financial software and expanding into consumer payments — a notable strategic shift for a company best known for cross-border B2B payments.
Airwallex's latest raise follows a US$330 million Series G in December 2025 that valued it at US$8 billion, meaning this round adds roughly US$3 billion in valuation in just six months. The company hit US$1.3 billion in annualised revenue and US$287 billion in annualised transaction volume by March 2026. Returning investors Baillie Gifford, Hummingbird, QED Investors, T. Rowe Price, Hedosophia, Haun Ventures, and Amex Ventures also joined the round.
The funding coincides with two major product launches. The first is T:0, an AI-native platform that handles bookkeeping, forecasting, taxes, and compliance — essentially an autonomous finance layer for businesses, currently in private beta. The second is Airi, a consumer wallet that bundles Airwallex's existing one-click checkout with delegated payments, spend limits, and multi-currency support. Both products signal a bet that AI agents will increasingly handle treasury and payment functions that today require human accountants and finance teams.
Why it matters for Singapore: Airwallex holds a MAS licence and runs significant operations out of Singapore, making it one of the more prominent fintech firms in the city-state's payments ecosystem. Its push into AI-native finance products mirrors what Singapore-based digital banks and payment players like Grab, DBS, and YouTrip are also racing toward. As autonomous finance tools move from private beta to mainstream, Singapore's MAS-regulated fintech sector — already one of the most advanced in Southeast Asia — will be a critical proving ground for AI-driven financial infrastructure.