Latham & Watkins Advises Airwallex on its US$330 Million Series G Financing

Airwallex, a leading global financial platform for modern businesses, has raised US$330 million in a Series G funding round, led by Addition and with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures, and TIAA Ventures. The financing values Airwallex at US$8 billion, approximately a 30% increase since its Series F six months ago. The investment will fuel Airwallex’s continued growth in the US and key markets worldwide, while driving expanded AI hiring and product development. Underscoring its strong momentum and deep commitment to the US market, Airwallex has established a second global headquarters in San Francisco and will deploy more than US$1 billion from 2026-2029 to scale its US operations, attract top talent, and expand its physical and brand footprint.

Latham & Watkins LLP represented Airwallex in the funding round with a team led by Bay Area partners Rick Kline and Alex Kassai, Hong Kong partners Benjamin Su and Frank Sun, and Beijing counsel Jason Zhao.