Payment Startup Airwallex Raises $13 million in Series A Funding Round

[kreslik.news]

Cross-border payments startup Airwallex has secured $13 million in a Series A funding round led by Tencent Holdings, Sequoia Capital China, and Mastercard. The company has raised from backers a total of $16 million in venture funding to date.

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Melbourbe-based fintech firm has amassed an impressive roster of investors which in addition to existing investors included China’s Gravity VC which led a $3 million pre-launch round in early 2016.

Airwallex plans to use the funds to develop its proprietary technology stack and roll out a suite of APIs for ... (read more)