Australian unicorn Airwallex said to seek $200m in fresh funding

Australian unicorn Airwallex said to seek $200m in fresh funding

Airwallex

Australia’s Airwallex group is seeking about $200 million in a series D equity funding round to bankroll its cross-border payments business globally, according to people familiar with the matter.

The company is valued at about $1.5 billion pre-money, said the people, who requested not to be named because the matter is private. The startup is talking with a strategic international financial company to lead its latest round, one of the people said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter