Forex fintech Airwallex secures US$3m from Alibaba’s VC firm
Fintech startup Airwallex has strengthened its Melbourne and Chinese development teams and accelerated R&D of its international payments platform following a US$3 million pre-Series A investment round led by Shanghai-based VC Gobi Partners. Gravity VC as well as angel investors Huashan Capital One and Billy Tam (CEO of Easylink Payments, the company behind Chinese payment powerhouse PAYECO) also participated in the fundraising. Currently in beta trial stage, the Airwallex platform is powered by a peer-to-peer algorithmic engine that enables businesses to issue and pay invoices in their preferred currency at the mid-market foreign exchange rate, avoiding inflated bank margins and minimising currency fluctuation risks. Airwallex Co-Founder and […]
Tech Pioneers Top 50
Congratulations to the Australian & NZ FinTech companies that have made the Tech Pioneers Top 50 as compiled by H2 Ventures, with the support of Investec. 2. Xero 6. OFX 8. Vend 9. Invoice2go 15. Harmoney 18. Tyro 19. Prospa 20. SocietyOne 24. Moula 25. Nitro 43. Stockspot 47. Hey You 49. Equitise