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Fintech unicorn Airwallex hits $4bn valuation after raising $200m

Hong Kong-based company wants to expand its global operations

Airwallex, which offers a global fintech payment platform, has over 1,000 employees in 20 offices around the world.   © Reuters

CEBU, Philippines -- Airwallex, a Hong Kong-headquartered global payments unicorn, announced raising $200 million in an oversubscribed Series E funding round led by US-based investment manager Lone Pine Capital.

The company said the latest funding round brings its total funds raised to date to more than $700 million and raised its valuation to $4 billion. Airwallex raised $300 million in its Series D funding round that was completed in March.

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