Tag: Sequoia Capital China

Key European FinTech investment stats in Q1 2024: • European FinTech deal activity totalled at 333 deals in Q1 2024, a 41% reduction from the...

• UK FinTech deal activity totalled at 118 deal in Q1 2024, a 40% drop from Q1 2023 • UK FinTech companies raised a combined...

Global payments platform Airwallex has raised $100m in a Series E1 funding round following an oversubscribed Series E round.

PayTech unicorn Airwallex has been valued at $4bn following the close of an oversubscribed Series E round, which comes just months after it closed a Series D extension.

Airwallex, the Australian real-time payment unicorn, has confirmed that it is raising new investments as $18.2m of its funds remain frozen in Hong Kong due to alleged fraud.

China-based FinTech company Shengli Financial Software has reportedly raised RMB 100m ($14.3m) in its Series B+ round.

Australia-based payments company Airwallex has closed its Series D round on $160m, which will help it continue its global customer acquisition and licensing efforts.

South Korea-based peer-to-peer money (P2P) transfer platform Viva Republica has reportedly raised $173m in a new funding round.

Mobile payments solution QFPay has reportedly raised $20m in funding to support its international expansion plans.

China-based payment service provider LianLian Pay has reportedly raised $146m in its latest investment round.