Airwallex secures USD160m Series D led by ANZi Ventures andSalesforce Ventures

Fintech ‘Unicorn’ Airwallex announced that it has closed its Series D fundraising round at USD160m, with majority participation from a group of new strategic investors, including ANZi Ventures and Salesforce Ventures. Existing investors DST Global, Tencent, Sequoia Capital China, Hillhouse Capital and Horizons Ventures also participated.

Fintech unicorn Airwallex announced that it has closed its Series D fundraising round at USD160m, with majority participation from a group of new strategic investors, including ANZi Ventures and Salesforce Ventures. Existing investors DST Global, Tencent, Sequoia Capital China, Hillhouse Capital and Horizons Ventures also participated.

The company will use the proceeds to accelerate the construction of its global digital financial infrastructure and product development, help the company expand its business in emerging markets such as the European and American markets and the Middle East; release API products such as local payment acceptance through a proprietary gateway for enterprises to further integrate the entire chain of cross-border payment; digitally connect the upstream and downstream service providers of payment, and launch a more localized product experience to further empower SMEs.

Airwallex has achieved significant growth in the past year. After a successful Series C round in March 2019, Airwallex’s global presence has expanded considerably, with new offices in Tokyo, Bangalore, and Dubai.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/04/19/airwallex-secures-usd160m-series-d-led-by-anzi-ventures-andsalesforce-ventures/.

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