Payments fintech Airwallex has closed a monster $US160 million ($250 million) capital raise, despite the COVID-19 pandemic putting pressure on venture capitalists' hip pockets.
The round values the business at $US1.8 billion and comes less than 13 months after it cracked the lauded $US1 billion unicorn milestone.
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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
