Jun 25, 2026 – 9.30pmAirwallex is worth $US11 billion ($16 billion) after the Melbourne-founded start-up raised hundreds of millions of dollars from investors, with the Australian payments giant’s chief executive Jack Zhang saying the new financing round meant it could wait longer before going public.The Singapore-based company’s value has leapt $US3 billion in just six months, despite criticism in the United States that Airwallex is too close to Chinese authorities and is an untrustworthy holder of critical data.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles