Airwallex revenue and valuation
Specter estimates Airwallex's annual revenue at $1.16B to $1.68B and its valuation at $10.4B to $14.3B. The company last reported $1.4B revenue in October 2026 and was priced at $11B in June 2026.
- Estimated revenue
- $1.16B–$1.68B
- Estimated valuation
- $10.4B–$14.3B
- Reported revenue
- $1.4B
- Total funding
- $1.85B
- Founded
- 2015
- Headquarters
- Singapore, Singapore
- Employees
- 2,973
Airwallex revenue
Airwallex grew from $1B revenue in December 2024 to $1.4B in October 2026. Specter's model puts current revenue between $1.16B and $1.68B, anchored to six reported figures.
Monthly data
| Month | Specter estimate | Low | High | Reported figure |
|---|---|---|---|---|
| $1.4B | $1.16B | $1.68B | $1.4B | |
| $1.42B | $690M | $2.15B | ||
| $1.44B | $1.1B | $1.88B | ||
| $1.46B | $1.16B | $1.84B | ||
| $1.48B | $1.22B | $1.79B | ||
| $1.5B | $1.25B | $1.8B | $1.5B | |
| $1.3B | $1.08B | $1.56B | $1.3B | |
| $1.14B | $940M | $1.38B | ||
| $1B | $830M | $1.2B | ||
| $1.1B | $900M | $1.33B | ||
| $1.2B | $1B | $1.44B | $1.2B | |
| $1B | $830M | $1.2B | ||
| $970M | $800M | $1.17B | ||
| $930M | $770M | $1.13B | ||
| $900M | $750M | $1.08B | ||
| $900M | $750M | $1.08B | $900M | |
| $910M | $720M | $1.16B | ||
| $930M | $750M | $1.15B | ||
| $940M | $740M | $1.21B | ||
| $960M | $760M | $1.2B | ||
| $970M | $790M | $1.19B | ||
| $990M | $810M | $1.19B | ||
| $1B | $830M | $1.2B | $1B | |
| $400M | $280M | $510M | ||
| $370M | $270M | $480M | ||
| $660M | $390M | $930M | ||
| $370M | $280M | $460M | ||
| $350M | $270M | $430M | ||
| $350M | $270M | $440M |
| Date | Reported figure | Source |
|---|---|---|
| $1.4B revenue | ||
| $1.5B ARR | ||
| $1.3B ARR | ||
| $1.2B revenue | ||
| $900M ARR | ||
| $1B revenue |
Airwallex valuation
Airwallex's valuation rose from $1B at its Series C in March 2019 to $11B at its Series H in June 2026. Specter's live estimate sits between $10.4B and $14.3B.
Monthly data
| Month | Specter estimate | Low | High | Reported valuation |
|---|---|---|---|---|
| $12.2B | $10.4B | $14.3B | ||
| $11.4B | $9.67B | $13.3B | ||
| $11.3B | $9.51B | $13.4B | ||
| $11.1B | $9.3B | $13.2B | ||
| $11B | $9.15B | $13.2B | $11B (round) | |
| $12B | $9.98B | $14.4B | $12B (press) | |
| $11.1B | $8.96B | $13.7B | ||
| $10.2B | $8.29B | $12.6B | ||
| $9.41B | $7.72B | $11.5B | ||
| $8.68B | $7.14B | $10.5B | ||
| $8B | $6.65B | $9.62B | $8B (round) | |
| $7.67B | $5.95B | $9.87B | ||
| $7.35B | $5.83B | $9.26B | ||
| $7.04B | $5.66B | $8.76B | ||
| $6.75B | $5.5B | $8.28B | ||
| $6.47B | $5.35B | $7.82B | ||
| $6.2B | $5.16B | $7.45B | $6.2B (press) | |
| $6.2B | $5.16B | $7.45B | $6.2B (round) | |
| $6.18B | $3.53B | $10.8B | ||
| $6.16B | $3.54B | $10.7B | ||
| $6.14B | $3.61B | $10.4B | ||
| $6.12B | $3.56B | $10.5B | ||
| $6.1B | $3.59B | $10.4B | ||
| $6.08B | $3.79B | $9.75B | ||
| $6.06B | $3.76B | $9.75B | ||
| $6.04B | $3.62B | $10.1B | ||
| $6.02B | $3.74B | $9.69B | ||
| $6B | $4.45B | $8.09B | ||
| $5.98B | $4.52B | $7.9B |
Airwallex funding rounds
| Date | Round | Raised | Post-money valuation | Lead investors |
|---|---|---|---|---|
| Series H | $320M | $11B | Addition | |
| Series G | $330M | $8B | Addition | |
| Series F | $150M | $6.2B | Square Peg Capital | |
| Secondary | $150M | Undisclosed | Undisclosed | |
| Series E | $100M | $5.6B | Square Peg Capital, HSG | |
| Series E | $100M | $5.5B | Lone Pine Capital | |
| Series E | $200M | $4B | Lone Pine Capital | |
| Series D | $100M | $2.6B | Greenoaks | |
| Series D | $40M | $1.8B | Skip Capital, Hedosophia | |
| Series D | $160M | $1.8B | Salesforce Ventures | |
| Series C | $100M | $1B | DST Global | |
| Series B | $80M | Undisclosed | Tencent, HSG | |
| Series A | $6M | Undisclosed | Square Peg Capital | |
| Series A | $13M | Undisclosed | Tencent | |
| Non-equity assistance | Undisclosed | Undisclosed | Mastercard | |
| Seed | $3M | Undisclosed | Gobi Partners |
Airwallex competitors
The global payment market is splitting between SMB banking services and high-volume treasury infrastructure.
| Company | Revenue | Valuation |
|---|---|---|
| $1.16B–$1.68B | $10.4B–$14.3B | |
| $166M–$240M | $1.22B–$2.33B | |
| $156M–$520M | $4.08B–$5.9B | |
| $900M–$1.35B | $1.66B–$4.54B | |
| $2.15B–$3.25B | $6.1B–$19.4B |
Airwallex revenue and valuation FAQ
What is Airwallex's revenue?
Specter estimates Airwallex's annual revenue at $1.16B to $1.68B as of October 2026. Airwallex last reported $1.4B revenue in October 2026, up from $1B in December 2024.
What is Airwallex's valuation?
Airwallex's latest post-money valuation is $11B, from a June 2026 Series H. Specter's live estimate is $10.4B to $14.3B.
What is Airwallex's revenue multiple?
Airwallex is valued at about 7.9× revenue, based on its $11B June 2026 valuation and $1.4B last reported revenue. That works out to roughly $471K of revenue per employee.
How much funding has Airwallex raised?
$1.85B across 16 rounds, from a $3M Seed in July 2016 to a $320M Series H in June 2026.
Who invested in Airwallex?
45 investors, including Addition, Greenoaks, HSG, Lone Pine Capital, Skip Capital and Square Peg Capital.
Who are Airwallex's competitors?
Nium, Rapyd, Payoneer and Wise. Specter ranks 30 competitors for Airwallex.