By Sharon Lewis and Reethu Ravi This article is the first of a four-part Tech’s Year in Review series reviewing developments across industries in 2020. This first installation discusses some industries spotlighted by the COVID-19 pandemic, namely edtech, logistics and supply chains, fintech, [...]
Airwallex has been recognised as a leading fintech in KPMG’s Global Fintech100 list for 2019. Airwallex placed 32nd in the 2019 listing, up from 49th in 2018, following a phenomenal year for the company. Airwallex was confirmed as a tech unicorn in March 2019, following the series C round.
In response, Airwallex Co-Founder and CEO Jack Zhang said, “We are delighted to be recognised in the KPMG 2019 Global Fintech100 list as one of the leading fintech companies in the world. We are proud of the positive impact we’ve had on businesses, by transforming the way they manage their international payments.
“2019 has been Airwallex’s strongest year yet. We’ve grown significantly in all aspects of the business, and are closing the year with over 400 employees across nine global offices. With ambitious and exciting plans in the pipeline, we look forward to rising to even greater heights in 2020.”
About KPMG Fintech100 Report
The Fintech100 highlights truly innovative companies, creating products and services at the juncture of technology and financial services who are seeking to disrupt the existing processes and products that dominate the marketplace, with fintech companies from 29 countries featuring in this year’s list.
The Fintech100 is divided into two sublists: (1) the ‘Top 50’ established fintech firms around the globe, which are ranked based on innovation, capital raising activity, size and country; and (2) the ‘Emerging 50’ firms, which are newer companies that are at the forefront of innovative technologies and practices.
Airwallex is a rapidly growing fintech redefining payments globally. We have built an end-to-end cross-border payments platform that allows businesses of all sizes to scale in the increasingly global marketplace. Our solutions enable businesses to manage their cross-border flows programmatically at the lowest costs possible.
Backed by industry icons including Tencent, Sequoia China, DST Global, Mastercard, Hillhouse, Square Peg Capital, Gobi Partners and Horizon Ventures, the company has raised over US$200 million with a valuation in excess of US$1B. Led by a highly capable and experienced executive team, we have established international offices across Melbourne, Hong Kong, Shanghai, Singapore, Tokyo, London and San Francisco. www.airwallex.com