, Australia

Australia’s Airwallex surpasses $1b in annual recurring revenue

The Americas and EMEA make up 35% of its revenue.

Airwallex has surpassed over $1b in annual recurring revenue (ARR) in October 2025 and is on track to surpass $2b over the next 12 months if it continues its current trajectory.

The Australian financial services company— which specializes in cross-border money transfers— said that its saw customers using multiple Airwallex products double since last year.

It took Airwallex nine years to reach $500m in ARR, whilst the second $500m came in just over a year, it said.

The Americas and EMEA now make up 35% of Airwallex’s revenue, it said.

(All values in USD unless otherwise stated)

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