An Airwallex logo is pictured at the Money 20/20 Asia Fintech Trade Show in Singapore March 21, 2019. REUTERS/Anshuman Daga/File Photo
(Reuters) -Payments firm Airwallex said on Wednesday it was valued at $6.2 billion in its latest fundraise of $300 million, marking a nearly 11% jump in valuation from its previous financing in 2022.
An impending private market revival has been delayed by U.S. President Donald Trump's flip-flop trade and geopolitical maneuvers. According to a PitchBook report, flat and down rounds accounted for over 26% of completed deals in the first quarter of 2025.
