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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.

Airwallex co-founder Jack Zhang said on LinkedIn that it has been the startup's "strongest quarter ever" for customer acquisition. Airwallex.

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.