Tag: Airwallex

August 16, 2024 BY Elizabeth Anderson

Airwallex Eyes 2026 IPO After Making Annual Revenue of $500m

In an exclusive CNBC interview, the company’s CEO, Jack Zhang, stated that the next annual recurring revenue (ARR) target is $1bn, in preparation for going public in 2026. The Singapore-based firm is backed by China’s Tencent Holdings (0700.HK), an investor in digital marketing and fintechs, among others. Don’t miss out the latest news, subscribe to…

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May 01, 2017 BY admin

Airwallex gets $13m in Series A from Tencent, Sequoia Capital China and Mastercard

Airwallex, an ASIC regulated international payments company has raised USD $13 million in a Series A funding round to fuel international expansion and enable more businesses to make faster, easier and cheaper payments worldwide. Chinese internet giant Tencent Holdings, one of the earliest Chinese investment institutions Sequoia Capital China, and Mastercard all participated in the…

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