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New Deal


Announced

Completed

Lone Pine Capital led a $100m Series E1 round in Airwallex.

Financials

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Transaction Value£74m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Australia

digital payment

Digital Services

Cross Border

Friendly

Minority

Venture Capital

Private Equity

Completed

Single Bidder

payments solutions

fintech

Synopsis

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Lone Pine Capital, a hedge fund, led a $100m Series E1 round in Airwallex, a fintech platform. Additional investors included 1835i Ventures and Sequoia Capital China. “Our record performance last quarter demonstrates the tremendous demand from customers who are seeking better solutions to operate their businesses. As we approach our sixth anniversary, we want to continue to connect entrepreneurs, business builders, and makers with opportunities in every corner of the world. This new capital injection will allow us to do just that, fuelling M&A opportunities that will accelerate our global expansion plans, pursuing our mission to empower businesses to grow without borders," Jack Zhang, Airwallex Co-founder and CEO.

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