Business classification

VCID: 581336
http://vcinvest.com/node/581336
    Profile
    Founders

    Corporate information

    Official name
    Airwallex (Cayman) Limited

    Registration country
    Investment activity status
    Active investor

    Company type

    Financial technology company that offers integrated solutions for cross-border payments.

    Current employees

    [node:title] photo Jack Zhang founder

    Funding rounds

    Series E USD 100,000,000


    USD 100,000,000 (10 Oct 2022) at USD 5,500,000,000 valuation. Change in valuation: unchanged
    Second Series E extension.

    Profile Country Notes
    Hostplus Initial investment. Round participant.
    1835i Ventures Follow-on investment. Round participant.
    Hermitage Capital Follow-on investment. Round participant.
    Lone Pine Capital LLC Follow-on investment. Round participant.
    Salesforce Ventures Salesforce's corporate investment group. United States Follow-on investment. Round participant.
    Sequoia Capital China China Follow-on investment. Round participant.
    Square Peg Capital Early stage venture capital firm. Follow-on investment. Round participant.
    Tencent Holdings Ltd Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. China Follow-on investment. Round participant.

    Series E USD 100,000,000


    USD 100,000,000 (18 Nov 2021) at USD 5,500,000,000 valuation. Change in valuation: unknown

    Profile Country Notes
    Lone Pine Capital LLC Initial investment. Led the round.
    1835i Ventures Initial investment. Round participant.
    Sequoia Capital China China Initial investment. Round participant.

    Series E USD 200,000,000


    USD 200,000,000 (21 Sep 2021) at USD 4,000,000,000 valuation. Change in valuation: unknown

    Profile Country Notes
    Lone Pine Capital LLC Initial investment. Led the round.
    G Squared Equity Management LLC Global growth stage venture capital firm. United States Initial investment. Round participant.
    Vetamer Capital Partners LP United States Initial investment. Round participant.
    1835i Ventures Follow-on investment. Round participant.
    DST Global The investment vehicle of Silicon Valley-based Russian Internet financier Yuri Milner. United States Follow-on investment. Round participant.
    Salesforce Ventures Salesforce's corporate investment group. United States Follow-on investment. Round participant.
    Sequoia Capital China China Follow-on investment. Round participant.

    Series D USD 100,000,000


    USD 100,000,000 (24 Mar 2021) Change in valuation: unknown
    Series D extension (for a total of USD 260 million).

    Profile Country Notes
    Greenoaks Capital Partners LLC Privately held global investment firm Initial investment. Led the round.
    Grok Ventures Initial investment. Round participant.
    ANZi Ventures Follow-on investment. Round participant.
    Skip Capital Follow-on investment. Round participant.

    Series D USD 160,000,000


    USD 160,000,000 (16 Apr 2020) at USD 1,640,000,000 valuation. Change in valuation: unknown

    Profile Country Notes
    ANZi Ventures Initial investment. Round participant.
    Salesforce Ventures Salesforce's corporate investment group. United States Initial investment. Round participant.
    DST Global The investment vehicle of Silicon Valley-based Russian Internet financier Yuri Milner. United States Follow-on investment. Round participant.
    Hillhouse Capital Management Group Ltd Investment management firm. Follow-on investment. Round participant.
    Horizons Ventures Venture capital firm owned by Hong Kong billionaire Li Ka-shing Hong Kong SAR China Follow-on investment. Round participant.
    Sequoia Capital China China Follow-on investment. Round participant.
    Tencent Holdings Ltd Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. China Follow-on investment. Round participant.

    Series C USD 100,000,000


    USD 100,000,000 (25 Mar 2019) at USD 1,000,000,000 valuation. Change in valuation: unknown

    Profile Country Notes
    DST Global The investment vehicle of Silicon Valley-based Russian Internet financier Yuri Milner. United States Initial investment. Led the round.
    Gobi Partners Inc China Follow-on investment. Round participant.
    Hillhouse Capital Management Group Ltd Investment management firm. Follow-on investment. Round participant.
    Horizons Ventures Venture capital firm owned by Hong Kong billionaire Li Ka-shing Hong Kong SAR China Follow-on investment. Round participant.
    Sequoia Capital China China Follow-on investment. Round participant.
    Square Peg Capital Early stage venture capital firm. Follow-on investment. Round participant.
    Tencent Holdings Ltd Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. China Follow-on investment. Round participant.

    Series B USD 80,000,000


    USD 80,000,000 (3 Jul 2018) Change in valuation: unknown

    Profile Country Notes
    Sequoia Capital China China Follow-on investment. Led the round.
    Tencent Holdings Ltd Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. China Follow-on investment. Led the round.

    Current and past shareholders

    Investor Contacts Round
    1835i Ventures
    Series E
    ANZi Ventures
    Series D
    DST Global logo DST Global
    The investment vehicle of Silicon Valley-based Russian Internet financier Yuri Milner.
    Series C
    Series D
    Series E
    BHF Bank logo G Squared Equity Management LLC
    Global growth stage venture capital firm.
    Series E
    Gobi Partners Inc logo Gobi Partners Inc
    +86 (21) 5292-9729
    Series C
    Greenoaks Capital Partners LLC logo Greenoaks Capital Partners LLC
    Privately held global investment firm
    Series D
    Grok Ventures logo Grok Ventures
    Series D
    Hermitage Capital
    Series E
    Hillhouse Capital Management Group Ltd logo Hillhouse Capital Management Group Ltd
    Investment management firm.
    Series C
    Series D
    Horizons Ventures logo Horizons Ventures
    Venture capital firm owned by Hong Kong billionaire Li Ka-shing
    Series C
    Series D
    Hostplus
    Series E
    Lone Pine Capital LLC Lone Pine Capital LLC
    Series E
    Salesforce Ventures logo Salesforce Ventures
    Salesforce's corporate investment group.
    Series D
    Series E
    Sequoia Capital China logo Sequoia Capital China
    Series B
    Series C
    Series D
    Series E
    Skip Capital
    Series D
    Square Peg Capital logo Square Peg Capital
    Early stage venture capital firm.
    Series C
    Series E
    Tencent Holdings Ltd logo Tencent Holdings Ltd
    Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen.
    Series B
    Series C
    Series D
    Series E
    Vetamer Capital Partners LP
    203-517-7047
    Series E

    Selected investments

    Country Date Notes
    MexPago Transacciones SAPI de CV
    Payment service provider.
    Mexico 19 Oct 2023 Acquisition
    Initial investment. Led the investment round. Active

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