Greenoaks Leads $100M Series D Extension of Fintech Unicorn Airwallex

March 24, 2021Client News

Gunderson Dettmer represented client Greenoaks as it led a $100 million extension of the Series D round of Airwallex, a fintech payments unicorn that serves cross-border businesses, taking Airwallex’ valuation to $2.6 billion. 

In the announcement of the transaction, co-founder and CEO of Airwallex Jack Zhang said, “This year, we are focused on our global expansion. We continue to extend our international footprint and are bolstering our capabilities through partnerships and new product launches. Strengthening our investor base with the addition of Greenoaks will also help us accelerate that progress.”

The Gunderson deal team was led by Steve Baglio and included Jolyn Ang and Kinnari Sahita.