Sequoia-backed Airwallex raises $100m in Series E1 round

Sequoia-backed Airwallex raises $100m in Series E1 round

Airwallex co-founder Jack Zhang. Source: Airwallex.

Melbourne-based global payment solution provider Airwallex has raised an additional $100 million in its Series E1 round, just two months after it secured $200 million Series E capital.

The round, which values Airwallex at $5.5 billion, continues to be led by Series E investor Lone Pine Capital, and joined by other existing backers including 1835i Ventures, the venture capital partner to ANZ, and Sequoia Capital China.

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