Fintech News Press Release

Airwallex hits $1b annualized revenue in October


Airwallex Hits $1 Billion Annualized Revenue Milestone in October 2025

Singapore-based fintech powerhouse Airwallex crossed a significant milestone by achieving over $1 billion in annualized run-rate revenue as of October 2025. Co-founder and CEO Jack Zhang revealed in a recent blog post that the company is on track to double this figure within the next 12 months, driven by rapid global market expansion and growing adoption of its suite of financial products.

Airwallex, founded in Melbourne and now headquartered in San Francisco, reported an annualized revenue of $720 million in March 2025, representing a robust 90% year-over-year growth. Its annualized global payments volume exceeded $130 billion, supported by a customer base of 150,000 businesses operating worldwide.

The company’s broad product portfolio includes multicurrency business accounts, corporate cards, and payment processing services, catering especially to digital-first companies with complex cross-border needs. Over the past year, Airwallex expanded its footprint with new offices in New York, Toronto, Paris, London, Amsterdam, Abu Dhabi, Dubai, and Israel. It also secured a payment institution license in Brazil and completed the acquisition of MexPago, further strengthening its Latin American presence.

Jack Zhang highlighted the limitations of traditional legacy financial systems in today’s borderless economy, positioning Airwallex’s platform as an agile, scalable infrastructure designed to empower businesses globally to grow without financial friction.

The company’s gross profit in the Americas and Europe has grown at a compound annual growth rate exceeding 250% over the last four years, cementing its leadership in key markets.

In summary, Airwallex’s ascent past the $1 billion annualized revenue mark signals the rapid maturation of a fintech innovator poised to shape the future of global digital finance. With ongoing product innovation and geographic expansion, Airwallex is well positioned to sustain its impressive growth trajectory in the coming years.

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