Ledger.

President and Co-founder, Airwallex

Lucy Liu

Coverage

Stories naming Lucy Liu. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

2 deals

Courage, vision, impact: The women leaders who redefined power in 2025

A year-end list profiling women leaders worldwide, from presidents to tech founders; it recalls Airwallex's landmark capital raise and Mira Murati's new AI venture with its record seed round.

Also Forbes Australia·Forbes Australia

2 deals

Airwallex raises a blockbuster $498 million Series G as its valuation soars to $12 billion

Fintech Airwallex raised a $498 million Series G led by Addition, lifting its valuation to $12 billion; Square Peg and Airtree joined, and Blackbird's $60 million May Series F backing is recalled.

Also SmartCompany·Cut Through Venture·SmartCompany·Dealroom

Funding announcement

Former Optus CEO Kelly Bayer Rosmarin joins Airwallex board

Airwallex adds ex-Optus chief Kelly Bayer Rosmarin and four other directors to its subsidiary's board while it pursues an Australian banking licence; the article also recaps the fintech's US$300 million Series F.

2 deals

Airwallex lands $465m series F and a decacorn title

Airwallex has wrapped a $465 million Series F at a $9.6 billion valuation; Blackbird joins for the first time and half the round is a secondary sale for early backers.

Also Australian FinTech·Women's Agenda·Crunchbase News

Series D+ US$300m

Airwallex: Building global, digital-first finance

Square Peg's post explains why it led a US$300 million Series F in cross-border payments company Airwallex, its seventh investment since first backing the founders in 2017, citing market scale and regulatory depth.

Also Folklore Ventures·Square Peg Capital portfolio·Forbes Australia·Australian FinTech·Startup Daily·SmartCompany·Women's Agenda·SmartCompany·Cut Through Venture·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Australian FinTech·Forbes Australia·Forbes Australia·Fintech News Australia·Women's Agenda·Fintech News Australia·Crunchbase News

3 deals

Airwallex raises $100M to power cross-border business banking, valuation stays flat at $5.5B

Airwallex has secured a $100 million Series E-2 extension at an unchanged $5.5 billion valuation, joined by existing backers plus HostPlus, to fund growth, new products and acquisitions.

Also SmartCompany·Startup Daily·Australian FinTech·SmartCompany·Techboard·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Australian FinTech·Forbes Australia·Australian FinTech·Australian FinTech·Forbes Australia

Funding announcement

Investment notes: Airwallex US$6m Series A+

Square Peg looks back on putting US$6 million into Airwallex's Series A+ alongside Tencent, Sequoia China, Gobi Partners and MasterCard, explaining why cross-border payment infrastructure needs fixing.

Unnamed stage $141.3m

Founders Stories Podcast: Airwallex, and the fastest unicorn in Australia

Square Peg podcast interview with Airwallex co-founder Lucy Liu covering her journey building the cross-border payments firm, which became Australia's fastest unicorn after a US$100 million round led by DST Global.

Also Square Peg Capital portfolio·TechCrunch Venture·Techboard·SmartCompany·Australian FinTech·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Australian FinTech·Startup News (WA)·Australian FinTech·Australian FinTech·Australian FinTech·Australian FinTech·Australian FinTech·Australian FinTech·Forbes Australia·TechCrunch Venture·TechCrunch Venture

79 deals

CTV Funding News - 1Q 2021

Cut Through Venture's debut quarterly newsletter rounds up Q1 2021 raises across Australian and New Zealand startups, highlighting crowdfunding, fintech dominance, active investors, and two newly launched startups currently seeking backers.

Also phocassoftware.com·LaunchVic

8 deals

2020 Year In Review

Square Peg Capital recaps 2020: eight new investments including Zeller and HealthMatch, a US$450 million fourth fund close, follow-ons, new hires across Sydney, Singapore and Israel, and portfolio updates.

Also Square Peg Capital portfolio·Square Peg Capital portfolio·SmartCompany·Australian FinTech·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Women's Agenda·Australian FinTech·Crunchbase News·TechCrunch Venture

2 deals

Airwallex adds another $57 million to its Series D, as COVID-19 drives 100% revenue boost

Fintech unicorn Airwallex has extended its Series D with a fresh US$40 million injection, drawing first-time backing from Skip Capital plus Square Peg, as the company reports strong pandemic-driven customer and revenue growth.

Also Startup Daily·Women's Agenda·Australian FinTech·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Australian FinTech·Australian FinTech·TechCrunch Venture

11 deals

Millions in the bank: Meet 10 Aussie fintechs that raised funds during COVID-19

Roundup of ten Australian fintechs that raised capital between March and July 2020, including Payright, Zeller, Judo Bank and Airwallex; PictureWealth raised $12 million and acquired NEO Financial Solutions.

Also SmartCompany·SmartCompany

18 deals

Good tidings we bring: The 10 biggest capital raises of 2018

A year-end roundup of Australia's largest 2018 startup capital raises, covering Judo Capital, Deputy, Airwallex, Inflazome, SafetyCulture, Culture Amp, Canva, Havven, Athena, Ansarada and Data Republic, with investors and earlier rounds recalled.

Also Startup Daily·SmartCompany·Startup Daily·Techboard·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Techboard·Techboard·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Forbes Australia·Crunchbase News·Wholesale Investor

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