Airwallex first raised USD 200m in September 2021 at a USD 4 billion valuation, then topped it up with an extra USD 100 million in November 2021 at a USD 5.5 billion price tag with help from Lone Pine Capital.
Now Bloomberg reports that Airwallex is extending its Series E again, by between USD 100 million and USD 150 million, but this time maintaining its valuation at USD 5.5 billion.
The report cautioned that discussions with Visa are still ongoing and an agreement has yet to be reached.
Airwallex offers a virtual multi-currency business account with many of the same features as Tide of Starling Bank, such as invoicing, expense cards and international payment.
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