Melbourne based international payments for SMEs and businesses startup raised $80m Series B led by Tencent and Seqouia China, bringing total financing to $102m.
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Airwallex raised $80m Series B funding from Tencent and Seqouia China
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“The trade war gives the Chinese yuan a lot of vitality, and we’ve seen more demand in the market. China’s belt road initiative has really taken off, too, and we’re seeing the impact in many, many of our payment corridors,” he explained. “Business has been booming, especially as traditional offline SMEs start to move online and go from domestic to global.”
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