Airwallex UK sees exceptional growth
Airwallex, the leading global payments and financial platform for modern businesses, has revealed triple digit growth in its UK division, driven by an uplift in the volume and value of deals.
Revenue in the first half of 2025 grew by 109% versus the same period last year – higher than the growth levels seen in more established Airwallex markets such as Australia and Singapore.
This growth is being driven by a significant increase in the number of high-growth SMB (small and medium-sized businesses) customers being signed up, and higher value deals across multiple products that are going live quicker – particularly businesses with global customer bases and operations such as travel, software and e-commerce verticals.
As Airwallex continues to scale its operations and grow its customer base, it is also aggressively expanding its local team, which has increased 35% YoY and is now well over 100-strong. The London office is the regional headquarters for Airwallex across Europe, Middle East and Africa (EMEA), and has outgrown its current office in Holborn, necessitating a move into a new, larger office space in Fitzrovia.
The new office will occupy the entire first floor of the Wells & More building on Mortimer Street, and at over 16,000 sq ft is more than double the size of the existing space. The larger – and customised – new office will also accommodate additional future growth.
The building will feature a unique ‘shifted perspective’ sculpture of McLaren F1 team driver Lando Norris, which was created for Airwallex by renowned 3D perceptual shift artist, Michael Murphy, to symbolise the powerful role that perception plays in driving success. Airwallex is a global partner with McLaren Racing, and also recently announced a second global partnership, with Arsenal Football Club.
Airwallex is also in advanced planning to launch a number of new products in-market in the coming months, such as Yield and other value-add products.
“The UK continues to be one of Airwallex’s fastest-growing markets globally,” said Kai Wu, Chief Revenue Officer at Airwallex. “The surge in demand for our platform shows that businesses here are increasingly looking for modern alternatives to traditional banking and payments infrastructure. Our new Fitzrovia office is a testament to the incredible momentum we’re seeing and our long-term commitment to investing in the UK market.”
Since launching in the UK in 2019, Airwallex has built strong and scaling relationships with thousands of SMBs, as well as large Enterprise customers such as Bolt, CarWow and Bird, offering borderless financial infrastructure including global accounts, international payments, corporate cards, and spend management tools.
“Airwallex might have been born in Melbourne, but it is making massive waves here in the UK fintech sector,” said Janine Hirt, CEO of Innovate Finance. “Their extraordinary growth in the UK, and inclusion in our H1 2025 Investment Report as one of the top global deals, suggests an exciting future of innovation, growth. We are delighted to see they are continuing to invest in people and product here in London, and we look forward to continuing to work with them and to seeing what comes next.”
The UK growth stats come several weeks after the business was valued at $6.2 billion in a Series F fundraising announcement, and brings Airwallex’s total funding to more than $1.2 billion, from investors such as Visa Ventures, Salesforce Ventures, Square Peg, DST Global and Lone Pine Capital.
