Australian payments startup Airwallex raised $320M led by Lee Fixel's Addition at an $11B valuation, and is incubating blockchain payments startup Metal
THE SO WHAT
An $11B valuation and a $320M raise for cross-border payments—plus an in-house blockchain spinout—shows that FX and settlement are still wide open for reinvention. If you move money across borders, expect more pressure on fees and speed, and start mapping how on-chain rails might coexist with your current providers.
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