AIRWALLEX PTY. LTD. is a privately held multinational financial technology company, dual-headquartered in Singapore and San Francisco, with its origins in Melbourne, Australia, where it was founded in 2015. The company has grown significantly, reporting an annualized revenue run rate of over $1 billion by October 2025 and an estimated $1.3 billion in April 2026. As of March 2026, Airwallex employs approximately 2,300 people globally and was valued at $8 billion in December 2025.
Airwallex provides a global financial platform designed for businesses to manage payments, treasury, and spend management. Its offerings include multi-currency business accounts, corporate cards, expense management, and global payment processing through its proprietary financial infrastructure and APIs. The company facilitates cross-border payments, foreign exchange, and various embedded finance solutions, enabling businesses to collect funds, make transfers, and manage invoices and subscriptions across more than 70 countries.
In terms of patent litigation, AIRWALLEX PTY. LTD. appears to be an operating company that actively defends against and challenges patent assertions. While the provided case data shows one plaintiff case, AIRWALLEX PTY. LTD. et al. v. Intercurrency Software LLC at the Patent Trial and Appeal Board (PTAB) filed in August 2025, this action is likely in response to a district court suit. Public records indicate that Intercurrency Software LLC filed a patent infringement lawsuit against Airwallex (Singapore) Pty. Ltd. in the Eastern District of Texas in December 2024 (case 2:24-cv-01011), with the PTAB petition being a counter-measure to challenge the validity of Intercurrency Software LLC's patent. The PTAB case was terminated as settled in October 2025.