The Australian startup has bucked an overall down market for payments companies because it has features ideal for financial volatility. This is why Tencent, ANZ and Salesforce are investing.

Photo by John McArthur via Unsplash

The news is full of stories about volatility in the financial markets, but a crisis is an opportunity for some. Payment technology provider Airwallex bumped its series E round up to $400m last week with an offering seemingly designed for fluctuating currency markets.

Payment technology experienced a big surge in popularity during the coronavirus pandemic as substantial parts of the economy moved online and…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.