Exclusive: Airwallex crosses $1 billion in annualized revenue as fintech unicorn takes on U.S. competitors like Ramp and Stripe
Update: 2025-11-03
Description
Airwallex, a Singapore-based fintech company, reaches a significant milestone by hitting $1 billion in annualized revenue, marking a 90% year-over-year growth. The company, known for its focus on cross-border payments and business banking, is expanding its offerings to include business bank accounts, spend management tools, and a platform for other fintechs. Despite fierce competition from established players like Stripe, Ramp, and Brex, Airwallex's outsider status and global focus have contributed to its success. The company has rapidly expanded its presence in North America and Europe, with nearly 40% of its revenue coming from these regions. Looking ahead, Airwallex is investing in AI and exploring stablecoins, positioning itself as an intriguing fintech player to watch.
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