Melbourne-based fintech Airwallex has closed its series D funding round, raising US$160 million and attracting new investors.
Investment in Australia’s fintech sector smashed previous records in 2019, increasing by 252% to $2.9 billion, according to the bi-annual report on global and regional fintech investment trends published by KPMG.
Global digital money transfer transaction volumes will reach 2 billion by 2024, up from 1.1 billion in 2019, according to a new report.
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