Search results for Airwallex
AI & Enterprise
Decacorn startups surge at record pace, 42 so far this year
The pace of startups reaching decacorn status, or valuations of $10 billion or more, has accelerated sharply, Axios reported. PitchBook data showed companies worldwide took an average of 5.5 years to become decacorns in 2025, down from 9.4 years in 2020. A total of 42 decacorns have been created globally so far this year, already a record. Axios also noted decacorn status does not guarantee long-term success.
AI & Enterprise
Airwallex raises $320 million in Series H to accelerate autonomous finance and agentic commerce products
Airwallex said on Thursday it raised $320 million in a Series H funding round, valuing the global payments and financial platform at $11 billion. The valuation marks a sharp rise from $8 billion in December 2025. Airwallex plans to use the funds to accelerate product development in autonomous finance and agentic commerce, expand infrastructure and regulatory foundations in new markets, and continue building a global organisation to lead development of next-generation AI-native financial software.
Finance
Airwallex appoints Kwon Yoon-a to lead SME business in South Korea
Airwallex said on Tuesday it had appointed Kwon Yoon-a as head of its small and medium-sized enterprise business in South Korea. She will lead overall operations in the market, including building strategic partnerships with domestic financial institutions, strengthening communication with industry contacts and key media, and expanding support for local clients. Airwallex said it secured payment gateway and prepaid payment instrument licences in South Korea earlier this year through a strategic acquisition.
