Ripple partner Airwallex completes $300 million Series F funding round with participation from DST Global

Ripple partner Airwallex announced the completion of a $300 million Series F funding round (including $150 million in secondary market stock transfer financing), with a valuation reaching $6.2 billion. Investors include Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and several Australian pension funds. To date, the company's total financing has reached $1.2 billion. It is reported that Airwallex joined Ripple's enterprise blockchain network RippleNet in 2017 to leverage the power of blockchain to modernize global payments. As part of RippleNet, the company is also adopting commercial blockchain to provide its customers with a unique global payment experience. Through the Airwallex account, merchants can securely access a variety of global and local payment methods in a convenient, fast, and cost-effective manner.