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Tencent-backed Airwallex hits $500 million annualized sales, aims to get IPO-ready by 2026

Tencent-backed Airwallex hits $500 million annualized sales, aims to get IPO-ready by 2026

Airwallex, which was most recently valued at $5.6 billion and is backed by Tencent, has been tipped as one of many prominent fintech IPO candidates.

Jose Sarmento | Bloomberg | Getty Images

Tencent-backed payments startup Airwallex has reached an annual revenue run rate of $500 million and will look to get ready for an initial public offering by 2026, CEO and co-founder Jack Zhang told CNBC in an exclusive interview.

“I think the next big…


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