Airwallex Expands to Autonomous Finance, IPO Not Imminent

Airwallex is expanding its services from cross-border payments to autonomous finance, though President Lucy Liu stated that it is currently 'not the best time' for an initial public offering (IPO).

20 Aug, 21:00 — 20 Aug, 21:00

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fortune8d ago

Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO

In late June, Airwallex raised $320 million in a Series H funding round led by Addition, which valued the cross-border payments platform at $11 billion

By Nicholas Gordon

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Airwallex Expands to Autonomous Finance, IPO Not Imminent

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Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO

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