Tech Company Financing Transactions
Airwallex Funding Round
Airwallex, operating out of San Francisco, scored $80 million in investment from Sequoia Capital, Tencent Holdings and Central Capital Ventura.
Transaction Overview
Company Name
Announced On
7/4/2018
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series B
Investors
Sequoia Capital (Lead Investor)
Tencent Holdings (Lead Investor)
Proceeds Purpose
With this new capital, Airwallex co-founder and CEO Jack Zhang said the company will increase its focus on Hong Kong and Southeast Asia, whilst also extending its business in Europe (where it has a London-based office) and pushing into North America.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
230 California St. 508
San Francisco, CA 94111
USA
San Francisco, CA 94111
USA
Phone
Undisclosed
Website
Email Address
Overview
Airwallex was founded in 2015 by a team of entrepreneurs who knew international payments could, and should, be better. So they developed a technology that uses machine learning to determine the most cost-effective way of settling every payment that comes through the platform.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jack Zhang
Chief Financial Officer
Kai Wu
Chief Technical Officer
Xijing Dai
President
Lucy Liu
Vice President
James Butland
Vice President
Rylan Dawes
Vice President
Gajia Parsons
Vice President
Willie Xia
VP - Bus. Development
Sean Huang
VP - Bus. Development
Dinghua Liu
VP - Bus. Development
Neil Luo
VP - Bus. Development
David Stein
VP - Customer Service
Max Li
VP - Engineering
Craig Rees
VP - General Counsel
Jeanette Chan
VP - Human Resources
Sascha McPherson
VP - Operations
Toshi Kameoka
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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