Airwallex has achieved a major milestone by crossing US$1 billion in annualised run rate revenue (ARR), marking a significant step in its growth as a global financial technology company. The achievement underscores the growing demand from international businesses seeking modern financial solutions to operate seamlessly across borders, currencies, and markets.
Rapid growth driven by product adoption and global expansion
Airwallex’s journey to this milestone reflects accelerating momentum over the past year. It took nine years for the company to reach its first US$500 million in ARR, but just over one year to add another US$500 million. This sharp rise was driven by several key factors, including increased customer adoption and the growing appeal of its global platform.
The company has seen a doubling in the number of customers using multiple Airwallex products compared to last year. Many clients initially sign up to address a single financial need, such as cross-border payments or global account management, before expanding their usage across other products and regions. This organic expansion highlights the trust businesses place in Airwallex’s ability to scale with their operations and simplify international financial management.
A new generation of “born-global” companies has also fuelled Airwallex’s growth. Start-ups and high-growth enterprises in fields such as AI and SaaS are increasingly building global operations from the outset. Airwallex’s infrastructure supports these companies by providing unified, cross-market financial services.
One example is Turing, a San Francisco-based research accelerator that collaborates with over four million experts worldwide to train advanced AI models. Turing adopted Airwallex to streamline global payouts, replacing multiple regional providers with one integrated platform. This move has allowed faster transactions through local payment rails and reduced costs through automation.
According to the company, its mission remains to equip entrepreneurs and business builders with a global banking platform that allows them to grow and compete internationally amid rising complexity and volatility.
Path to the next US$1 billion
At its current growth rate of around 90% year on year, Airwallex expects to surpass US$2 billion in ARR within the next 12 months. The company attributes this trajectory to three core factors: geographic and product diversification, AI acceleration, and brand building.
Geographically, the Americas and EMEA now contribute 35% of Airwallex’s revenue, up from virtually none three years ago. The company continues to deepen its presence across Europe, North America, and Asia, while moving upmarket to serve larger clients with more complex financial needs. Half of its customer base now uses multiple products, strengthening both retention and market positioning.
On the technology front, Airwallex is integrating artificial intelligence across its financial infrastructure. The company believes fintechs with strong proprietary systems, licences, and data capabilities are best positioned to harness AI effectively. By leveraging its secure data flows and payment networks, Airwallex aims to make AI-driven tools essential for finance teams, redefining how CFOs operate in the coming decade.
Brand development will also play a central role in the next phase of growth. The company plans to build on the credibility established through its technology and scale to earn deeper trust from businesses and entrepreneurs worldwide.
A shared milestone
Airwallex credited its customers, partners, and employees for the achievement. The company said the milestone was a reflection of collective effort across regions and teams, working together to create a global financial ecosystem that supports business expansion.
The company stated that hitting US$1 billion ARR was not just a marker of market demand, but a testament to its team’s ability to operate as one global unit across products, regulations, and time zones.
