Airwallex, the worldwide funds and banking platform, has crossed $1billion in annualised run price income (ARR). The corporate said this can be a vital milestone in its mission to construct the way forward for world banking, and it comes because the UK cements its place as one in every of Airwallex’s fastest-growing markets.
The worldwide $1billion milestone is the results of quickly accelerating development. In line with the corporate, it took 9 years to achieve its first $500million in ARR, however the subsequent $500million was achieved in simply over one 12 months. At its present development price of roughly 90 per cent year-on-year, Airwallex is on observe to surpass $2billion in ARR throughout the subsequent 12 months.
UK development and EMEA headquarters
The milestone displays Airwallex’s rising development within the EMEA area, with the UK serving as a key driver of this enlargement. The corporate reported that its UK income within the first half of 2025 grew by 109 per cent in comparison with the identical interval final 12 months, outpacing development in its founding market of Australia and the broader APAC area. Its general headcount in EMEA grew by 35 per cent over the identical interval.
To accommodate this speedy enlargement, Airwallex has outgrown its Holborn workplace and bought a brand new EMEA regional headquarters in Fitzrovia, London. The brand new workplace, which is over 16,000 sq ft, is greater than double the scale of its earlier area.
Jack Zhang, co-founder and chief govt officer of Airwallex, stated: “We’ve hit a significant milestone: crossing $1bn in annualised run price income. It’s tangible proof that world companies are shifting previous the constraints of an outdated monetary system. It represents the belief that our clients place in us and our potential to deal with the wants of contemporary companies as they scale throughout markets, currencies and borders.”
Zhang attributed the steepened development curve to a number of elements: “The variety of clients utilizing a number of Airwallex merchandise has doubled since final 12 months, as we’ve deepened our go-to-market presence in EMEA and North America. We’ve additionally utilised our proprietary monetary infrastructure to make an actual distinction with AI, changing into indispensable to finance groups. And at last, we’ve constructed the foundations of a model that companies can belief.”
Focusing on ‘Damaged Banking’ with model partnerships
The surge in UK development has been supported by high-profile model partnerships, together with with the McLaren F1 racing workforce and Arsenal FC. This month, the fintech additionally launched its ‘Damaged Banking’ marketing campaign throughout London transport hubs.
The digital marketing campaign options movies that dramatise the tip of “clunky” enterprise banking and outdated monetary processes by destroying workplace gear and a standard financial institution façade with heavy equipment. The corporate said that is its largest above-the-line promoting funding within the area.
James Elias, vp advertising EMEA at Airwallex, stated: “Companies in the present day want monetary infrastructure that matches their ambition, not techniques that gradual them down. ‘Damaged Banking’ speaks on to the frustrations we hear from corporations day by day – the delays, the complexity, the boundaries to development. We’re not simply highlighting these ache factors – we’re exhibiting companies there’s a greater manner ahead.”
Since launching within the UK in 2019, Airwallex has constructed a shopper base of hundreds of companies, providing world enterprise accounts, service provider buying, company playing cards, spend administration, and embedded finance. The corporate is in superior planning to launch a number of new merchandise within the UK market within the coming months.
The $1billion ARR milestone follows Airwallex’s Sequence F funding spherical earlier this 12 months, which valued the corporate at $6.2billion and introduced its whole funding to over $1.2billion.
