Airwallex has raised $320m in a Series H at an $11bn valuation, up 38% in six months, as it pushes into AI-run financial software.

Amid allegations of sharing customer data with China, Australian payments startup Airwallex, now valued at $11 billion, is gunning for Stripe and Ramp.

Jack Zhang says he always feels like an outsider, but his company is charming investors despite pushing back a float and facing claims it is too close to China.