Airwallex tracks towards $1b in revenue as it surges towards an IPO
Previously unreported internal financials show the $9.5 billion fintech's annualised revenue has jumped 94% year-on-year.
As the biggest tech companies in the US reported generally strong quarterly earnings this week, Airwallex CEO Jack Zhang revealed the Australian-born fintech also experienced its "strongest quarter ever."
"We added 13,372 new customers — our strongest quarter ever. That’s +84% YoY growth," he said on LinkedIn.
"When top-of-funnel, product, and efficiency align — momentum compounds. Proud of the team executing at every layer."
Asked for further clarification by Capital Brief, the startup shared previously unreported financials supporting Zhang's claims.