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Sequoia-Backed Airwallex Bags $100M Top-Up To Series E Round

Sequoia-Backed Airwallex Bags $100M Top-Up To Series E Round

11/17/21, 2:19 PM
Round Type
series e
Global fintech platform Airwallex has raised an additional US$100 million in its series E1 financing round.

Company Info

Company
Sequoia Backed Airwallex
Additional Info
This comes after the company banked US$200 million in an oversubscribed series E round at a valuation of US$4 billion in September. During the September quarter, the startup clocked a 165% year-on-year revenue jump, with its annualized revenue exceeding US$100 million. The company also said that it made more than 200 additional hires in the quarter. The company has raised a total of US$802 million to date.