Square Peg raises over $1 billion for new funds amid AI bonanza
The Australian VC finalised two funds, one for early-stage investments and another for bigger bets, totalling over $1 billion.
Airwallex
Airwallex mega raise nearly doubled its valuation in a year
Titans of finance including Baillie Gifford and T. Rowe Price have backed Airwallex in the startup’s US$320 million Series H, which values the Australian-born startup at $16 billion.
Airwallex acquires California startup to take on Stripe
Australian-founded Decacorn Airwallex has acquired San Francisco-based billing startup OpenPay to expand beyond payments into subscription management.