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Airwallex raised $330 million, valuing it at $8 billion, to expand in the U.S., Europe, and Asia despite data privacy concerns.
Airwallex, a Singapore-based fintech, raised $330 million in a Series G round, valuing the company at $8 billion.
The funds will support expansion in the U.S., Europe, and Asia, including a new San Francisco headquarters and a 400-person team.
The company acquired OpenPay and Indonesia’s Skye Sab, gained a key payment license, and surpassed $1 billion in annualized revenue.
It now operates in 200+ markets with 80 global licenses.
Despite scrutiny over alleged data transfers to China and internal concerns about access to customer data, Airwallex continues to grow, leveraging AI for compliance and operations.
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Airwallex recaudó $ 330 millones, valuándolo en $ 8 mil millones, para expandirse en los EE.UU., Europa y Asia a pesar de las preocupaciones de privacidad de datos.