Airwallex completed a $320 million Series H financing, with a valuation of $11 billion.

36 Kr learned that "Airwallex" announced the completion of its Series H financing of USD 320 million. After this round of financing, its valuation will reach USD 11 billion. This round of financing is led by existing shareholder Addition, with other existing shareholders and new investors including Baillie Gifford, Hummingbird, QED Investors, T. Rowe Price, Hedosophia, Haun Ventures, Washington University in St. Louis, and Amex Ventures (American Express Ventures) participating in the follow-on investment. The funds raised in this round will be used to accelerate Airwallex's product R&D in the fields of intelligent finance and agent-based business, expand the global infrastructure and compliance layout in new markets, continuously expand the team, and build next-generation AI-native financial software.