Ripple partner Airwallex completes US$300 million in Series F financing, with DST Global and others participating
According to online reports, Ripple partner Airwallex announced that it has completed a US$300 million Series F financing (including US$150 million in secondary market stock transfer financing) with a valuation of US$6.2 billion. Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures and many Australia pension funds participated in the investment. So far, the company's total financing has reached US$1.2 billion. It is reported that Airwallex joined the RippleNet enterprise blockchain network in 2017 to leverage the power of blockchain to modernize global payments. As part of RippleNet, the company is also adopting commercial blockchain to provide its customers with a unique global payment experience. Through Airwallex accounts, merchants can securely access multiple global and local payment methods in a convenient, fast and affordable way.
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