SEA Deal Ticker
Airwallex raises $320M Series H at an $11B valuation, eyeing Southeast Asia
Addition led the round, lifting the cross-border fintech's valuation from $8B in December; it now runs $1.3B in annualized revenue and went live commercially in Malaysia in April.
Positive-sum angle: Cheaper cross-border rails priced for the region let SEA exporters and marketplaces settle in more currencies without routing every payment through Western banks.