Airwallex aims to go public in 2026 after reaching $500 million in revenues
Associated media - Connected media Airwallex, a fintech startup backed by Tencent and recently appraised at $5.5 billion, has achieved a significant financial milestone by reaching $500 million in annual revenues. The company’s CEO and co-founder, Jack Zhang, revealed in a recent discussion that Airwallex is setting its sights on an initial public offering (IPO) by 2026. During the interview, Zhang expressed optimism about doubling the company’s annual recurring revenue to $1 billion potentially by 2027. Airwallex’s growth trajectory has been steep, bolstered by strategic expansions into key markets across the UK, Europe, and North America. These regions now contribute…
