Airwallex bets $1.1B on Europe
Airwallex announced a $1.1 billion plan to expand across the UK and EMEA and said it will create about 100 engineering jobs as it chases cross‑border payments share from Stripe and Adyen announced.
Airwallex’s own newsroom framed the package as US$1.135 billion to be deployed across the UK and EMEA over the next five years, with a timeline stretching to 2030. (airwallex.com) The company said it will open a London engineering hub and recruit roughly 100 senior engineering roles to deepen platform and product engineering in the region. (fintechfutures.com) Regional performance data cited alongside the push show EMEA revenue up 116% year‑over‑year and fourth‑quarter transaction volumes rising 226%, figures the company and reporters have highlighted. (techfundingnews.com) The expansion follows a December Series G that raised US$330 million and valued Airwallex at US$8 billion, a round led by Addition with participation from T. Rowe Price and others. (airwallex.com) Company reporting notes Airwallex now holds more than 80 financial licences and serves north of 200,000 businesses from about 26 global offices, details it has used to justify faster market rollout. (techfundingnews.com) The EMEA plan builds on prior regional commitments — including a December pledge of roughly US$590 million to UK growth — and names planned market entries such as the Netherlands, France and Germany as deployment targets through the investment window. (airwallex.com)
