Australia based enterprise platform for cross-border payments has raised a $100m Series C financing ledy by DST. The company is now valued over $1 billion.
Founded in Melbourne (Australia) in 2015, Airwallex has grown from an emerging start-up to a global challenger in the cross-border payment space. Airwallex offers an end-to-end solution for businesses to make payments and move money programmatically on a global scale, supporting a client base of internet titans including JD.com, Tencent and Ctrip, and large financial service companies including MasterCard. With Airwallex, customers can instantly create Global Accounts with local bank details, access interbank exchange rates and send money through local and international clearing networks to more than 130 countries.