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Payment company Airwallex completes $330 million financing at an $8 billion valuation, led by Addition
On December 8, according to Bloomberg, payments startup Airwallex raised $330 million in its latest funding round, reaching a valuation of $8 billion. According to a statement released on Monday, this valuation represents an increase of about 30% compared to the previous round six months ago. The round was led by Addition, with participation from institutions such as Activant, Lingotto, and TIAA Ventures. As previously reported by BlockBeats, on July 7, Airwallex’s official website showed that the company was forming a stablecoin platform team and opening two engineering positions to build stablecoin infrastructure.