
Airwallex: The founder explains the incredible story behind his fintech unicorn
Business Leader · Business Leader
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Show Notes
Jack Zhang founded Airwallex in 2015 in Melbourne, Australia. It has now gone global and is valued at more than $6bn by investors. Zhang has moved to London in order to help Airwallex scale globally. He tells Dougal Shaw why there was a unique window of opportunity to build his fintech platform and why traditional banks still have a lot of catching up to do if they want to capitalise on the new revolution in artificial intelligence.
Airwallex is a tech-first financial operating system helping businesses scale across borders faster, by doing things like processing international payments. Zhang was born and raised in China but moved to Australia aged 16, without his family, to pursue his education. While working for several large companies as a computer programmer, he also ran multiple side hustles. It was a coffee shop venture that led to the idea for Airwallex, as he encountered the high costs associated with global payments between currencies...
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