Australian unicorn Airwallex plans expansion of Israel operations following $11 billion valuation

Australian fintech unicorn Airwallex announced plans Sunday to expand its recruitment operations in Tel Aviv, Israel, following a significant $320 million investment round that pushed its valuation past $11 billion. The company is among the fastest-growing fintech firms globally, with a commitment to scaling its operations and increasing investment in its Tel Aviv center.

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Airwallex is currently among the fastest-growing fin tech firms globally. Here in Israel, we remain committed to scaling our operations and increasing our investment in the Tel Aviv center.

Or Liban, head of Airwallex's Tel Aviv center, stated that the company has been doubling its activity and headcount in Israel annually. The Series H investment round was led by Addition, with participation from several other prominent investors including Baillie Gifford and QED Investors. Airwallex is focusing on integrating artificial intelligence and agentic commerce into its products, with CEO Jack Zhang calling it a consequential moment for global finance.

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Here in Israel, we remain committed to scaling our operations and increasing our investment in the Tel Aviv center. We have been doubling our activity and headcount in Israel annually.

Zhang emphasized the company's decade-long construction of foundational infrastructure, including licenses, local network integrations, and API-first financial infrastructure, which he believes is essential for the emerging agentic economy. Airwallex currently serves over 200,000 companies with their global banking and financial operations. The firm recently launched two AI-centered products: T:0, an AI-native platform for running a business's full finance function, and Airi, a wallet infrastructure for agentic commerce designed to improve conversion rates for merchants.

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We believe this is the most consequential moment in the history of global finance, and we are building accordingly.

Lee Fixel of Addition commented on Airwallex's unique position, noting that as AI transforms the competitive landscape, companies building on real financial infrastructure, rather than around it, will succeed. He highlighted Airwallex's ability to translate its foundation into scalable software capabilities.

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A decade ago, we did not know exactly what the agentic economy would look like, but we built a foundation for it. The licenses, local network integrations, and API first financial infrastructure we spent ten years constructing are exactly what it needs.