
Airwallex raises another $100m, valuation holds steady

Hong Kong-based Airwallex, a cross-border payments provider turned broader financial technology platform, has raised USD 100m in a second extension to its Series E round at a valuation of USD 5.5bn. It comes 11 months after the company secured the same amount at the same valuation in the first extension.
Several existing backers re-upped, including Square Peg Capital, Salesforce Ventures, Sequoia Capital China, Lone Pine Capital, Hermitage Capital, 1835i Ventures – the VC unit of Australia’s ANZ –...
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