Airwallex has raised $100 million via a Series C funding round led by DST Global, valuing it at over $1 billion. The start-up this year also expects to process $10 billion-plus in payments.
Portfolio managers and buy-side analysts give their verdicts on the region's corporations. India, Indonesia and Singapore see HDFC Bank, Bank Central Asia and DBS lead the way.
Airwallex is building momentum after securing early backers, including Tencent and Sequoia -- more proof if any was needed that high-profile investors add to a startup’s credibility.