Airwallex. a Global fintech platform has raised US$100 million in series E2 funding from Square Peg, Sequoia Capital China, and Tencent, among others.
Despite the current market circumstances, the company is nevertheless “well capitalised.” They are now able to continue their growth strategies, broaden their product offerings, and hire some of the world’s top people thanks to this extra runway.
The platform from AirWallex supports companies all around the world in managing paychecks, treasury, and online payments. It has a presence in more than 19 countries.
In May, the company announced the launch of a virtual multicurrency Visa business debit card and cost management solution in Singapore. In April, it launched cross-border payment services in Malaysia.
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