Airwallex is a global financial services provider for businesses managing their money internationally. It is one of the companies that seem to be faring well this year as it has now announced raising €34.2M in an extended Series D funding round. This announcement comes soon after the company raised a notable €137M in Series D round previously, which was led by some well-known investors such as Horizon Ventures, Sequoia Capital, and DST Global, among others.
Expanding services to new regions
With the fresh amount Airwallex has raised, it plans to work upon its offerings and product suite. Along with plans to strengthen its existing footprint in regions such as Asia-Pacific and UK & Europe, the company plans to expand its global payment coverage and include regions such as the Middle East, Eastern Europe and Africa. Airwallex is also working on entering into the US market by Q1 2021.