Exclusive: Airwallex crosses $1 billion in annualized revenue as fintech unicorn takes on U.S. competitors like Ramp and Stripe

Fortune•Monday, November 3, 2025 at 7:00:00 AM

Airwallex, a fintech unicorn, has achieved a significant milestone by crossing $1 billion in annualized revenue, showcasing impressive growth of 90% year-over-year. This expansion into the U.S. and Europe positions the company to compete with major players like Ramp and Stripe, highlighting the increasing demand for innovative financial solutions. As the fintech landscape evolves, Airwallex's success not only reflects its strong business model but also signals a shift in how companies are approaching financial services.

— Curated by the World Pulse Now AI Editorial System

Read Original

Was this article worth reading? Share it

Recommended Readings

Investing.com32 minutes ago

US to pay reduced food aid benefits, but warns of weeks or months delay

NegativeFinancial Markets

The US government has announced a reduction in food aid benefits, which could lead to significant delays in assistance for those in need. This decision is concerning as it may exacerbate food insecurity for vulnerable populations, highlighting the ongoing challenges in the welfare system. The implications of these cuts could be felt for weeks or even months, making it crucial for communities to prepare for potential hardships.

Read full article

via Investing.com

Investing.com2 hours ago

US wants UN sanctions on seven vessels over North Korea exports

PositiveFinancial Markets

The United States is pushing for UN sanctions against seven vessels linked to North Korea's export activities. This move is significant as it aims to curb the country's illicit trade and reinforce international efforts to hold North Korea accountable for its actions. By targeting these vessels, the US hopes to disrupt the flow of goods that support North Korea's controversial programs, thereby promoting global security and stability.

Read full article

via Investing.com

Investing.com3 hours ago

US manufacturing mired in weakness as tariff gloom spreads

NegativeFinancial Markets

The US manufacturing sector is facing significant challenges as concerns over tariffs continue to loom. This downturn is not just a statistic; it affects jobs and economic stability across the country. With manufacturers struggling to cope with rising costs and uncertainty, the implications could ripple through the economy, impacting everything from consumer prices to employment rates.

Read full article

via Investing.com

Investing.com3 hours ago

Iraq can disarm factions only when the US withdraws, prime minister says

NeutralFinancial Markets

Iraq's Prime Minister has stated that the country can only disarm various factions once the United States completes its withdrawal. This statement highlights the complex relationship between Iraq's internal security and foreign military presence, emphasizing the challenges Iraq faces in establishing full sovereignty and stability.

Read full article

via Investing.com

Investing.com3 hours ago

AstraZeneca wins shareholder backing for NYSE listing in US pivot

PositiveFinancial Markets

AstraZeneca has received strong support from its shareholders for its decision to list on the New York Stock Exchange, marking a significant pivot towards the US market. This move is important as it not only enhances the company's visibility and access to capital but also aligns with its growth strategy in a key market. The backing from shareholders reflects confidence in AstraZeneca's future prospects and its commitment to innovation in the pharmaceutical industry.

Read full article

via Investing.com

Investing.com5 hours ago

Big manufacturing economies struggle as US tariffs hit order books

NegativeFinancial Markets

Big manufacturing economies are facing significant challenges as US tariffs impact their order books. This situation is crucial because it highlights the ripple effects of trade policies on global supply chains and economic stability. As manufacturers struggle to adapt, it raises concerns about job losses and economic growth in these regions.

Read full article

via Investing.com

Bloomberg5 hours ago

US Factory Activity Shrinks in October as Demand Remains Sluggish

NegativeFinancial Markets

US factory activity has contracted for the eighth consecutive month, with the manufacturing index from the Institute for Supply Management dropping to 48.7. This persistent decline highlights ongoing challenges in the manufacturing sector, reflecting sluggish demand and economic uncertainty. It's a significant indicator of the overall health of the economy, as sustained weakness in manufacturing can lead to broader economic implications.

Read full article

via Bloomberg

Investing.com5 hours ago

Ford’s US October sales rise on demand for pickup trucks despite EV decline

PositiveFinancial Markets

Ford's sales in the US saw a notable increase in October, driven primarily by strong demand for pickup trucks, even as electric vehicle sales faced a decline. This trend highlights the enduring popularity of traditional vehicles amidst the growing shift towards electric options, showcasing Ford's ability to adapt to market demands. The rise in sales is significant for Ford as it reflects consumer preferences and could influence future production strategies.

Read full article

via Investing.com

Latest from Financial Markets

Investing.com15 minutes ago

Estrella Immunopharma stock soars after 100% complete response rate in trial

PositiveFinancial Markets

Estrella Immunopharma's stock has seen a remarkable surge following the announcement of a 100% complete response rate in its latest clinical trial. This impressive result not only boosts investor confidence but also highlights the potential of Estrella's treatments in the healthcare market. Such positive outcomes can lead to increased funding and further research opportunities, making it a significant development for both the company and its stakeholders.

Read full article

via Investing.com

The New York Times15 minutes ago

Kimberly-Clark to Buy Tylenol Maker Kenvue for $40 Billion

PositiveFinancial Markets

In a significant move, Kimberly-Clark has announced its intention to acquire Kenvue, the maker of Tylenol, for a staggering $40 billion. This acquisition is poised to strengthen Kimberly-Clark's portfolio in the consumer health sector, allowing them to expand their reach and enhance their product offerings. The deal highlights the growing trend of consolidation in the healthcare industry, as companies seek to leverage synergies and improve their competitive edge.

Read full article

via The New York Times

Investing.com19 minutes ago

Auna stock falls after tender offer for senior notes

NegativeFinancial Markets

Auna's stock has taken a hit following its recent tender offer for senior notes, raising concerns among investors. This move, while aimed at managing debt, has led to a decline in market confidence, reflecting the challenges the company faces in maintaining its financial stability. Understanding the implications of such financial maneuvers is crucial for stakeholders as they navigate the complexities of the stock market.

Read full article

via Investing.com

TheStreet20 minutes ago

DuPont Spinoff Qnity Jumps On First Day of Trading; Will Join S&P 500 After Public Debut

PositiveFinancial Markets

DuPont's spinoff, Qnity, made a strong debut on its first day of trading, reflecting optimism in the market, particularly with the ongoing AI boom. This positive performance is significant as Qnity is set to join the S&P 500, which could further enhance its visibility and attract more investors. The success of Qnity not only highlights the potential of new companies emerging from established firms but also underscores the growing influence of AI in shaping market trends.

Read full article

via TheStreet

Investing.com20 minutes ago

Dollar edges up as rate cut outlook remains clouded

NeutralFinancial Markets

The dollar has seen a slight increase as uncertainty looms over the outlook for interest rate cuts. This situation is significant as it reflects the ongoing complexities in the economy and how investors are reacting to potential changes in monetary policy. The fluctuations in the dollar's value can impact global markets and influence economic decisions, making it a key point of interest for both investors and policymakers.

Read full article

via Investing.com

The Wall Street Journal21 minutes ago

Jon Stewart to Stay at ‘The Daily Show’ Through 2026

PositiveFinancial Markets

Jon Stewart has announced that he will continue his role at 'The Daily Show' through 2026, much to the delight of fans. Known for his incisive humor and sharp critiques, particularly of President Trump, Stewart's presence is expected to bring a fresh perspective to the show during a pivotal time in politics. His commitment to the program not only reinforces its relevance but also promises to engage audiences with thought-provoking content.

Read full article

via The Wall Street Journal