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Saturday, September 13, 2025

Airwallex UK Grows 109% YoY Driven by Uplift in the Volume and Value of Deals – Outgrows Office Space and Plans to Launch Multiple New Products

Airwallex UK Growth has reached 109% YoY in H1 2025, surpassing mature markets like Australia and Singapore. Demand from international clients and high-growth SMBs in the software, travel, and e-commerce industries is driving this acceleration. The fintech’s growing role in the UK fintech ecosystem is reflected in its expansion to London.

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 the company 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.

The business 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.

Airwallex UK Growth is redefining cross-border financial infrastructure in the region with the opening of its Fitzrovia office and growing its SMB base.

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