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“Airwallex Air Cloud” completes a $320 million Series H funding round, with a valuation of $11 billion

MarsBitNews
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Mars Finance news: Airwallex “Kongzhong Yunhui” announced the completion of its $320 million Series H financing round. After this round, its valuation will reach $11 billion. The round was led by existing shareholder Addition, with participation from both existing shareholders and new investors including Baillie Gifford, Hummingbird, QED Investors, T. Rowe Price, Hedosophia, Haun Ventures, Washington University in St. Louis, and Amex Ventures (American Express’s venture capital fund). The funds will be used to accelerate Kongzhong Yunhui’s product R&D in financial intelligence and agent-commerce, to expand its global infrastructure and compliance footprint in new markets, and to continue to grow its team to build the next generation of AI-native financial software.
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