Blackbird Hops Onboard the Airwallex Rocket with a $60M Agreement

Blackbird reportedly agrees to invest $60 million in Airwallex. The fintech is now worth $7.6B. Blackbird Swoops BlackbirdVentures has finally swiped right on the $6billion-plus fintech . The VC firm is reportedly investing a hefty $60million, marking one of its biggest single cheques ever. . @blackbirdvc has added another unicorn to its portfolio, but unlike Canva, has come late to the party with plans to tip $60 million into fintech @airwallex . https://t.co/flkTlPJRcU The news, reported by Startup Daily and AFR ,sees Blackbird join a list of other serious players when it comes to supporting the innovative startup. A Long Time Coming Blackbird’s late-stage love-in follows a $100 million Series Eextension round in late 2023 that valuedAirwallex at $5.6 billion . Thanks to forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term fun and cross-border payments Cross-Border Payments Cross-border payments refer to transactions involving individuals, companies, banks or settlement institutions operating in at least two different countries.The concept of cross-border payment is not new however, despite its rise in importance in the 21st century.New technology and the growth of blockchain has brought the term cross-border payment into our daily conversations.Cross-border payments are an essential term that refers to any transaction involving private individuals’ companies, bank Cross-border payments refer to transactions involving individuals, companies, banks or settlement institutions operating in at least two different countries.The concept of cross-border payment is not new however, despite its rise in importance in the 21st century.New technology and the growth of blockchain has brought the term cross-border payment into our daily conversations.Cross-border payments are an essential term that refers to any transaction involving private individuals’ companies, bank Read this Term booming, Airwallex is soaring in value, as per Bloomberg. Sources close to the matter told Startup Daily that the check has beensigned, sealed, and quietly delivered—well after the party started. The Next Step for Airwallex? This deal could signal the next phase in Airwallex’s global playbook.With backing from Square Peg, Salesforce Ventures, Tencent, and now Blackbird,to name but a few the company has enough firepower to make serious moves in theU.S. and Europe, where fintechs are currently either merging, folding, orplotting IPOs. Meanwhile, Blackbird gets to tell its LPs that it bagged a unicorn. For more stories around fintech, visit our dedicated section . Blackbird reportedly agrees to invest $60 million in Airwallex. The fintech is now worth $7.6B. Blackbird Swoops BlackbirdVentures has finally swiped right on the $6billion-plus fintech . The VC firm is reportedly investing a hefty $60million, marking one of its biggest single cheques ever. . @blackbirdvc has added another unicorn to its portfolio, but unlike Canva, has come late to the party with plans to tip $60 million into fintech @airwallex . https://t.co/flkTlPJRcU The news, reported by Startup Daily and AFR ,sees Blackbird join a list of other serious players when it comes to supporting the innovative startup. A Long Time Coming Blackbird’s late-stage love-in follows a $100 million Series Eextension round in late 2023 that valuedAirwallex at $5.6 billion . Thanks to forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term fun and cross-border payments Cross-Border Payments Cross-border payments refer to transactions involving individuals, companies, banks or settlement institutions operating in at least two different countries.The concept of cross-border payment is not new however, despite its rise in importance in the 21st century.New technology and the growth of blockchain has brought the term cross-border payment into our daily conversations.Cross-border payments are an essential term that refers to any transaction involving private individuals’ companies, bank Cross-border payments refer to transactions involving individuals, companies, banks or settlement institutions operating in at least two different countries.The concept of cross-border payment is not new however, despite its rise in importance in the 21st century.New technology and the growth of blockchain has brought the term cross-border payment into our daily conversations.Cross-border payments are an essential term that refers to any transaction involving private individuals’ companies, bank Read this Term booming, Airwallex is soaring in value, as per Bloomberg. Sources close to the matter told Startup Daily that the check has beensigned, sealed, and quietly delivered—well after the party started. The Next Step for Airwallex? This deal could signal the next phase in Airwallex’s global playbook.With backing from Square Peg, Salesforce Ventures, Tencent, and now Blackbird,to name but a few the company has enough firepower to make serious moves in theU.S. and Europe, where fintechs are currently either merging, folding, orplotting IPOs. Meanwhile, Blackbird gets to tell its LPs that it bagged a unicorn. For more stories around fintech, visit our dedicated section .