Future Finance
Salesforce, ANZ Venture Arms Back Australian Unicorn Airwallex
- Airwallex raises $160 million at $1.8 billion valuation
- Existing investors DST, Tencent, Hillhouse also join round
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Australia’s Airwallex Cayman Ltd. raised $160 million from new investors including Australia & New Zealand Banking Group Ltd. and the venture-capital arm of Salesforce.com to accelerate its expansion in global payments.
The fresh round from ANZ’s venture unit and Salesforce Ventures gives Airwallex a valuation of $1.8 billion, co-founder Lucy Liu said. Other participants included existing backers DST Global, Tencent Holdings Ltd., Sequoia Capital China, Hillhouse Capital Management Ltd. and Horizons Ventures Ltd.