Airwallex Founders: Launch Capital 49
- The founders of Airwallex, a global payments platform, have established a new venture capital fund
- Capital 49 will invest into early stage, high-growth technology-enabled companies powered by company’s infrastructure
- The new fund aims to raise US$200m through the Airwalex founders and other investors
- The vehicle will look for opportunities to invest among companies within company’s ecosystem, across a number of industries
- The company is a global fintech payment platform that allows businesses of all sizes to manage payments, treasury and expenses globally
- The company has secured over US$500 million since it was established in Melbourne in 2015
