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Airwallex Raises $460 Million, Pushing Valuation to $16 Billion
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Airwallex Raises $460 Million, Pushing Valuation to $16 Billion

Airwallex has closed a $460 million funding round that lifts its valuation to $16 billion, up from $12 billion just months earlier.

Why it mattersThe $4 billion valuation jump in months shows that large institutional investors are still writing very significant checks for fintech businesses with demonstrated growth.

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