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Airwallex

Cross-border payments for businesses

1001+ employees
  • Fintech
  • B2B
  • Banking
  • Foreign exchange
  • Financial Services
Floor 2, Airwallex (UK) Ltd, 33 Charlotte St., London W1T 1RR

Company mission

To build global financial infrastructure and applications to empower businesses to operate anywhere, anytime.

Top investors

Some candidates hear
back within 2 weeks

36% female employees

11% employee growth in 12 months

Otta's take

Theo Margolius headshot

Theo Margolius

COO of Otta

Business is increasingly globalised, so there are many more companies selling to a broader base of international customers. These businesses need to be able to transfer foreign revenues back to their home currency, but this can be an expensive and time-consuming process. Airwallex, aiming to disrupt the foreign exchange market for businesses the same way Transferwise did for consumers, exists to make this process painless.

While it counts traditional banks as competitors, Airwallex stands out by its pricing, saving clients as much as 90% on foreign exchange rates vs. traditional banks. It also provides a range of financial solutions including corporate cards and expense management software, as well as a range of integrations into most commonly used accounting packages. This has seen its product adopted by over 20,000 corporate customers.

Founded in 2015 in Melbourne, Australia, Airwallex has grown to be one of the leaders in fintech with a valuation exceeding $5 billion and a global reach. Recently focusing on the APAC region, the company has expanded into Singapore and Malaysia, in addition to its increasing its presence in Hong Kong and mainland China. Having experienced 100% year on year customer growth over 2022, this focus seems to be paying off.

Benefits

  • 3 months “work from anywhere” per year
  • On-site meals and snacks

Company values

  • Customers First - Our customers are why we are here. Knowing them, keeping them and consistently delivering a superior experience is the only way we can fulfill our mission
  • Obsessive Curiosity - We always start by asking why and seek to understand. We have a hunger for knowledge, seek challenges that are insatiably interesting and always consider if there are better ideas
  • Inspire and Be Inspired - We are a melting pot of cultures and ideas, and we recognise that happy, healthy and highly-functioning teams are inclusive and diverse. We celebrate success, share knowledge, learn and grow together
  • Intellectual Honesty - We want to constantly seek the truth, to be open, constructive and transparent, approaching every problem with data and facts, not conjecture and opinion
  • Craftsmanship - We are about product and engineering excellence. We create products and solutions with passion, finesse and meticulous attention-to-detail to deliver the best customer experience and outcome
  • Make Impact - The reason we show up every day is our desire to make an impact and create a better world with what we do. We have one purpose in mind - to empower businesses of all sizes to grow without borders and scale the digital economy

Funding (last 2 of 11 rounds)

Oct 2022

$100m

SERIES E

Nov 2021

$100m

SERIES E

$902m

Total funding

This company has top investors

Founders

They have 8 years of experience as a developer, including roles at Aviva, Morgan Stanley and National Australia Bank. They are a Founder of Capital 49.