Airwallex Name in 2021 CB Insights Fintech 250 List; Recognized as the Best Fintech Startup for the fourth time in a row

Airwallex was recognized for its achievements in the Payments, Processing and Networking category

San Francisco, October 07, 2021– (work wire) –CB . insights Today named Airwallex to the fourth year 250, which is a prestigious list of emerging private companies working on leading financial technology. This year’s roster was revealed onstage at CB Insights’ The future of financial technology conference in New York City.

“This is the fourth degree of Fintech 250, and it is also the most international, representing 26 countries. 250 Fintech startups are attacking an incredibly diverse range of financial services opportunities across 19 sectors, including digital banking, insurance, payroll, and retail investing. , and more,” said Anand Sanwal, CEO of CB Insights. Named into last year’s CB Insights Fintech 250, Class of 2020 saw 17 companies go public and 25 companies were acquired. They have also raised more than $25 billion in additional funding and established more than 380 new partnerships after recognition. Fintech enjoys 250 with a history of highlighting the best FinTech companies, and this year is no different. We are excited to see how these FinTech startups are disrupting and transforming financial services in the coming years.”

Lucy Liu, Co-Founder and President of Airwallex He said, “As a leading global FinTech company, we are pleased to acknowledge CB’s insights into all four Fintech 250 lists, which is a testament to Airwallex’s explosive growth since its inception in 2015. This is just the beginning, and as we continue to expand globally, we remain committed Our mission is to empower businesses of all sizes to grow without limits.”

Through an evidence-based approach, CB Insights selected Fintech 250 from a pool of more than 17,000 companies, including applicants and candidates, selected based on several factors, including data provided by the companies, the company’s business models and momentum in market and mosaic Results, CB Insights’ proprietary algorithm that measures the public health and growth potential of private companies.

Founded in 2015, Airwallex is one of the fastest growing global fintech platforms today and has seen significant growth in business in the past year, posting nearly 150% year-over-year revenue growth for the first half of 2021, processing more than $20 billion annually It has a global client portfolio that has quadrupled in size, serving innovative global companies such as GOAT, Papaya Global and Stake. The company nearly doubled its headcount in 2021 and employs nearly 1,000 people today in more than 20 locations globally. In September 2021, the company announced US$200 million from Series E . fundraising roundThe company is valued at $4 billion. This year, Airwallex launched a series of new products and reached major milestones with global expansion plans, Open for business in the United States In August, as well as locking EMI license in the Netherlands and Money services business license in Malaysia.

Fintech 250 2021: Investment Highlights

  • unicorns: 118 out of 250 companies (47%) valued at over $1 billion in the latest funding round

  • Funding trends: In 2021 to date (YTD), these 250 private companies have raised $40.3 billion in equity financing across 275 deals (as of 09/14/21)

  • Mega Tours: Since 2020, there have been 178 massive investments (US$100M+) in Fintech 250 of the year, 138 of which are in 2021 to date.

  • global representation: 36% of 2021 Fintech 250 are based outside the United States. After the US, the UK is home to the most 250 Fintech companies (25), followed by India (12). This year’s winners are located in 26 countries, including France, Brazil, Germany, Indonesia and Nigeria.

  • Best venture capital investorRibbit Capital is the most active investor in 250 Fintech companies of the year, investing in 62 transactions since 2016. Since 2019, Ribbit has been involved in 41 transactions with this group of companies, including Nubank, Uala, Brex, Vouch and Razorpay and BharatPe. Tiger Global Management and Accel came in second with 57 and 55 deals, respectively.

About CB Insights

CB Insights builds software that enables the world’s best companies to discover, understand and make technology decisions with confidence. By marrying data, expert insights, and business management tools, clients drive end-to-end technology decision-making on CB Insights. To learn more, please visit www.cbinsights.com.

About Airwallex

Airwallex is a global payment platform that aims to enable businesses of all sizes to grow without limits and, in doing so, contribute to the global economy. With technology at its core, Airwallex has created a financial infrastructure and platform to help businesses manage online, treasury and payments globally, without the limitations of the traditional financial system. Airwallex has raised more than $700 million since its founding in 2015, and is backed by leading global investors. Today, the company works with a team of approximately 1,000 employees across 20 locations globally. For more information, please visit the website www.airwallex.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211007005405/ar/

Contacts

CB . insights
press@cbinsights.com

Liz Liang
elizabeth.liang@airwallex.com

Greg Steincik
greg.steinsiek@airwallex.com

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