intelligence360
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Airwallex Raises $330M Series G at $8B Valuation, Establishes San Francisco as Dual Global Headquarters

Airwallex Raises $330M Series G at $8B Valuation, Establishes San Francisco as Dual Global Headquarters

December 16, 2025 Craig Etkin
  • Valuation jumped ~30% from Series F six months ago, with new backing from Addition, T. Rowe Price Associates Inc., Activant, Lingotto, Robinhood Ventures and TIAA Ventures.
  • More than $1 billion committed to continue scaling Airwallex’s U.S. presence.
  • San Francisco designated as a dual global headquarters to fuel continued U.S. expansion, accelerate AI development and secure talent at the epicenter of innovation.
  • Airwallex previews specialized AI agents that automate complex financial operations, with a significant portion dedicated to the company’s ambitious AI roadmap.

SAN FRANCISCO–(BUSINESS WIRE)–Airwallex, a leading global financial platform for modern businesses, raised $330 million in a Series G funding round, led by Addition and with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures. The financing values Airwallex at $8 billion, a ~30% increase since its Series F six months ago. The investment will fuel Airwallex’s continued growth in the U.S. and key markets worldwide, while driving expanded AI hiring and product development. Underscoring its strong momentum and deep commitment to the U.S. market, Airwallex has established a second global headquarters in San Francisco and will deploy more than $1 billion from 2026-2029 to scale its U.S. operations, attract top talent, and expand its physical and brand footprint.

“We believe the future of global banking will be borderless, real-time, and intelligent,” said Jack Zhang, co-founder and CEO of Airwallex. “Legacy providers are fundamentally incompatible with how modern businesses operate, and our investors understand that we’re pulling ahead in the race to define this category. We’re building a modern alternative, a single platform that powers global banking, payments, billing, treasury, and spend on top of proprietary financial infrastructure. This capital will accelerate our growth, extend our technical leadership, and strengthen our position in the U.S. and across key markets worldwide.”

The company’s 2025 operating performance drove strong inbound interest in the round. Highlights include:

  • Annualized revenue surpassed $1 billion in October, up 90% YoY.
  • Annualized transaction volume doubled YoY to more than $235B in October.
  • Approximately half of Airwallex’s customer base now uses multiple products, underscoring expanding product-market fit.
  • 80 licenses and permits worldwide, enabling customers to operate in 200+ countries and regions, and power multi-currency checkout at scale.
  • In 2025, Airwallex extended its regulated footprint and local capabilities in 12 new markets – securing new licenses and launching products across France, the Netherlands, Israel, Canada, Korea, Japan, New Zealand, Malaysia, Vietnam, Brazil, Mexico, the UAE, and more.

“Airwallex is reshaping the global business banking landscape,” said Lee Fixel at Addition. “The traditional financial system wasn’t built for borderless businesses, and Airwallex is uniquely equipped to solve this challenge. With its global financial infrastructure, software and AI capabilities, the company is exceptionally well positioned to lead the future of global business banking.”

Airwallex establishes second headquarters in San Francisco

In conjunction with the fundraise, Airwallex also announced a second global headquarters in San Francisco to position core product, engineering, strategic partnerships and go-to-market teams at the epicenter of global AI innovation and talent.

The U.S. market is a key focus within Airwallex’s global strategy – the company plans to double its U.S. headcount to more than 400 employees over the next 12 months and is doubling its San Francisco office space to support this growth.

Founded in Australia in 2015, Airwallex currently has a global workforce of over 2,000 people and plans to expand its team by more than 50% by the end of 2026. This growth will fuel continued investment in its infrastructure and partnerships worldwide.

Accelerating the next era of intelligent financial operations

Airwallex is building a team of specialized AI agents to execute real financial workflows, laying the foundation for a fully autonomous finance department. These agents leverage contextual signals across payments, treasury, and spend activity to automate high-value, multi-step operations – from expense approvals and policy checks to end-to-end task orchestration. Hundreds of purpose-built agents will soon expand across the platform, enabling businesses to operate with greater speed, accuracy, and significantly less manual effort.

“As AI lowers software costs, infrastructure and data become the ultimate differentiator,” Zhang added. “Airwallex connects the full spectrum of a customer’s financial operations – money in, money out, and everything in between, giving our agents the contextual data to execute with precision. This proprietary visibility, built on our scalable financial infrastructure, is what powers agentic finance.”

First to launch is the suite of AI agents within Airwallex’s spend management platform. The Expense Submission Agent, live today, collects receipts from various sources, automatically matches them to transactions, categorizes the expense, and populates all required fields for seamless submission. The Expense Policy Agent, available in the coming weeks, verifies the receipt’s validity, reviews the submission against company policy, and flags any potential exceptions for manual review before final approval. Whether managing expenses or executing procure-to-pay workflows, the Spend Agents are designed to deliver stronger controls, significantly fewer manual workflows, and shorter month-end cycles for customers.

About Airwallex

Airwallex is a leading global financial platform for modern businesses. We are building the future of global banking for a borderless, real-time, intelligent economy.

More than 200,000 companies worldwide – from startups to public enterprises – use Airwallex to manage their global banking and financial operations, or to build and monetize their own financial products using Airwallex infrastructure.

Founded in Melbourne in 2015, Airwallex holds 80 licenses across North America, Europe, the Middle East, and Asia-Pacific, forming one of the most comprehensive financial infrastructures in the world. This regulated backbone powers Airwallex products at global scale, including: payment acceptance, billing, global accounts, corporate cards, and spend management.

The company is co-headquartered in San Francisco and Singapore with over 2,000 employees across 26 offices. Learn more at www.airwallex.com.

*Accounts advised by T. Rowe Price Associates, Inc.

Contacts

For media inquiries, please contact press@airwallex.com

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Airwallex, Business Wire, California, San Francisco, Venture Capital

Post navigation

NEXT
pH7 Technologies Raises $25.6 Million Series B to Scale Critical Metals Extraction Technology
PREVIOUS
Andersen Announces Launch of Initial Public Offering
Comments are closed.

Source: http://go.intelligence360.io/ and https://intelligence360.news/

Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
Subscribe

Categories

Recent Posts

  • XCENA has raised $135 Million in new Series B funding June 18, 2026
  • InCharge Energy has raised $46 Million in new Series A funding June 18, 2026
  • Faith Technologies plans expansion in Pittsboro Indiana creating 200 new jobs. June 18, 2026
  • Ferrara Candy plans $675 Million expansion in Orangeburg County South Carolina creating 1,000 new jobs. June 18, 2026

Archives

© 2026   Copyright SI360 Inc. All Rights Reserved.