Visa has planned to join the second extension of Australia-based fintech Airwallex ’s Series E funding round, as reported by Bloomberg. com.

Airwallex first raised USD 200m in September 2021 at a USD 4 billion valuation, then topped it up with an extra USD 100 million in November 2021 at a USD 5. 5 billion price tag with help from Lone Pine Capital. Now Bloomberg reports that Airwallex is extending its Series E again, by between USD 100 million and USD 150 million, but this time maintaining its valuation at USD 5.

5 billion. The report cautioned that discussions with Visa are still ongoing and an agreement has yet to be reached. Airwallex offers a virtual multi-currency business account with many of the same features as Tide of Starling Bank, such as invoicing, expense cards and international payment.

.