Global slowdown in fundraising What global slowdown in fundraising Meet the new unicorn in town Hong Kong-headquartered payments firm Airwallex.
The company founded in 2015 by Chinese-Australian entrepreneur Jack Zhang looks immune from the investor penny-pinching after bringing in money from one of the world’s most active tech venture capitalists, DST Global.
In a statement published on Tuesday, Airwallex said its $100 million Series C fundraising also raised new funds from existing investors Sequoia Capital China, Tencent, Hillhouse Capital, Gobi Partners, Horizons Ventures and SquarePeg Capital.
The round brings Airwallex’s capital raised to over $200 million and took less than two...
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