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Announced

Completed

Lone Pine Capital led a $200m Series E funding round in Airwallex.

Financials

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Transaction Value£146m
Consideration TypeCash
Capital Owned-
Capital Bid For5%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Acquisition

Private Equity

Private

Completed

Australia

digital payment

Digital Services

Minority

Friendly

Venture Capital

Synopsis

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Lone Pine Capital, an American-based hedge fund, led a $200m Series E funding round in Airwallex, a company that provides digital payment solutions for personal and business purpose. Additional investors include G Squared, Vetamer Capital, 1835i Ventures, DST Global, Salesforce Ventures, Tencent and Sequoia Capital China. “We are excited to welcome Lone Pine Capital and our new Silicon Valley investors. Their wealth of experience, foresight and successful industry track records are a significant validation of our business and global growth strategy,” Jack Zhang, Airwallex Co-Founder and CEO.

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