Tencent-backed Airwallex nears $500 million annualized sales, aims to get IPO-ready by 2026

Airwallex, which was most recently valued at $5.5 billion and is backed by Tencent, has been tipped as one of many prominent fintech IPO candidates.Tencent-backed payments startup Airwallex is nearing an annual revenue run rate of $500 million and will look to get ready for an initial public offering by 2026, CEO and co-founder Jack Zhang told CNBC in an exclusive interview."I think the next big milestone is the $1 billion. Hopefully we can achieve that in 2026, or 2027. That is the goal," Zhang said, in re ...