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Airwallex Secures $320M, Hits $11B Valuation, Boosts AI Wallet

6/26/2026

Summary

Story summary

Airwallex closed a $320 million Series H round, raising its valuation to $11 billion, up 38 percent.
CEO Jack Zhang said the funds will speed AI-native software, including the T:0 platform that automates bookkeeping and tax reporting.
Airwallex launched Airi, a digital wallet that raised checkout conversion by 14 percent in early tests.
In March 2026 the company posted $1.3 billion revenue, a 74 percent rise, and processes $287 billion annually for over 676,000 businesses with 85 licences worldwide.

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Story summary

Airwallex closed a $320 million Series H round, raising its valuation to $11 billion, up 38 percent.
CEO Jack Zhang said the funds will speed AI-native software, including the T:0 platform that automates bookkeeping and tax reporting.
Airwallex launched Airi, a digital wallet that raised checkout conversion by 14 percent in early tests.
In March 2026 the company posted $1.3 billion revenue, a 74 percent rise, and processes $287 billion annually for over 676,000 businesses with 85 licences worldwide.