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Australian Fintech Airwallex raises another $100m

Cross-border payments company has valuation of $5.5bn

Founded in Melbourne in 2015, Airwallex offers a fintech platform to help businesses manage international payments. (Source images from Airwallex Facebook)

CEBU, Philippines -- Melbourne-founded global payments startup Airwallex this week announced it has raised $100 million in a Series E extension funding, keeping its valuation at $5.5 billion.

The round was backed by existing investors Square Peg, Salesforce Ventures, Sequoia Capital China, Lone Pine Capital, Hermitage Capital, 1835i Ventures and Tencent.

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