Business banking fintech startup Airwallex has raised $200 million in Series E funding round led by Lone Pine Capital, valuaing the six year old startup at ~4 billion. The round also witnessed participation of new investors G Squared and Vetamer Capital, as well as existing investors 1835i Ventures (formerly ANZi Ventures), DST Global, Salesforce Ventures and Sequoia Capital China. The fintech has raised over $700 million cumulatively till date.
Founded in 2015 by Jack Zhang, Jacob Dai, Lucy Yueting Liu and Max Li, Airwallex is a financial services platform committed to building global financial infrastructure to scale the digital economy.
