Future Finance
Australia Unicorn Airwallex Seeks $200 Million in Funding
- Sequoia, DST, Tencent among backers of the payments startup
- It is worth about $1.5 billion pre-money, said people familiar
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Australia’s Airwallex group is seeking about $200 million in a series D equity funding round to bankroll its cross-border payments business globally, according to people familiar with the matter.
The company is valued at about $1.5 billion pre-money, said the people, who requested not to be named because the matter is private. The startup is talking with a strategic international financial company to lead its latest round, one of the people said.