Airwallex gobbled up the lions share of Australian fintech funding in FY26

▤ Summary

Australian fintech funding more than doubled in FY26, but Airwallex accounted for most of the growth. The sector raised $1.73 billion across 53 disclosed rounds, with two Airwallex rounds alone making up 56% of the total. Deal count fell to a seven-year low, showing that capital concentrated in a few large transactions rather than broad market recovery. The report also says international investors drove most of the money, while early-stage and domestically backed fintechs faced tighter funding conditions.

$ Funding

▦ Linked Companies

Airwallex

$250M to $500M