T. Rowe Price Joins Airwallex’s $320M Series H at $11B Valuation
TROW•T. Rowe Price joined Addition, Baillie Gifford and others in Airwallex’s $320M Series H round, raising its valuation to $11B from $8B in December 2025. Proceeds will fund the AI-native finance platform T:0, the Airi consumer wallet and regulatory expansion, enhancing T. Rowe Price’s fintech exposure.
1. Series H Round Details
Airwallex closed a $320 million Series H funding round led by Addition, lifting its valuation to $11 billion from $8 billion in December 2025. T. Rowe Price participated alongside Baillie Gifford, Hummingbird, QED Investors, Hedosophia, Haun Ventures, Washington University in St. Louis and Amex Ventures.
2. Planned Use of Funds
The company will deploy proceeds to accelerate development of T:0, its AI-native end-to-end finance platform currently in private beta, launch Airi, an agentic consumer wallet featuring one-click checkout, and expand its infrastructure and regulatory presence in new markets.
3. Impact on T. Rowe Price
Participation in this round underscores T. Rowe Price’s strategic push into high-growth fintech and AI-driven financial solutions, offering potential upside if Airwallex successfully scales its autonomous finance and agentic commerce offerings globally.
