The founding team of AirWallex (from left): Max Li, Xijing Dai, Jack Zhang, Lucy Liu and Ki-lok Wong. He has a “vision to help businesses of all sizes to expand and scale globally”, he explains.
What sort of people do you want to come on board for the company?”. That’s our job at SmartCompany: to keep you informed with the news, interviews and analysis you need to manage your way through this unprecedented crisis.
Lucy Liu is a co-founder of Australian tech unicorn Airwallex. I think in that sense Airwallex entered the market at a very good time so we were able to ride on the growth of our customers as well.". Picture: Supplied. xijing has 1 job listed on their profile. “We launched the product in one market for two weeks, and acquired close to 1,000 clients,” Zhang says. The plan is to onboard more than 20,000 SMEs in 2019.
Read this expert Q&A to maximise cash back on your overseas marketing expenses, Atlassian launches $70 million venture fund to foster “a robust ecosystem” for cloud-based startups. “We can help businesses do not just one thing, we can help them do everything.”. While these partners have helped Airwallex to grow locally, Zhang says at this stage the startup isn’t necessarily looking for support. He also advises startups to be quick to bring a product to market, to speak to customers “and let the market tell you what needs to be done”. "We are in the process but I can't give you any more details," she said.
On the other hand, however, he says it’s important to launch an MVP that has the basic features and product-market fit. The round was led by US venture capital firm DST Global, which has previously backed the likes of Facebook, Airbnb and Spotify, as well as fintechs Robinhood and Stripe.
The startup currently 257 staff members, globally.
Get COVID-19 news you can use delivered to your inbox. From left to right: Airwallex co-founders Xijing Dai, Jack Zhang, Lucy Liu and Max Li.
Open Map View. It has raised a total of $US202 million, including a $US22 million Series A round and and $US80 million Series B round. Airwallex operates in the B2B space, and within that, new business models are emerging, and existing models are changing. “That gives you a benchmark in hiring people. The funding will largely be used for product development, Zhang says.
However, now the chief says he doesn’t “do management”, he says. “That’s why enterprise products generally take a lot longer to succeed, and it takes a lot longer to generate revenue.”. Now, there’s a way you can help us keep doing this: by becoming a SmartCompany supporter. The fundraising comes as $US18.2 million ($27 million) of Airwallex's funds remain frozen in Hong Kong after the territory's Organised and Serious Crimes Ordinance froze the funds last year after Airwallex remitted it to the bank accounts of two of its customers, Rong Tong Sihai Import and Export Trading Co and Zhong Liang Trading Co. Airwallex said it was an innocent third party and has applied to Hong Kong's High Court for judicial review of the freezing orders, arguing the Hong Kong police violated private property protection principles. “It’s just a status that people recognise in the industry,” he says. They teamed up with university friends Ms Liu, Xijing Dai and Ki-lok Wong to enable small businesses to make purchases with offshore merchants without incurring typical exchange fees.
“We wanted to take some money that is not from an Asian background, I guess,” Zhang says. Currently, Airwallex is projecting 500% revenue growth for 2019, and Zhang expects that to continue in 2020, and beyond.
The founding team of AirWallex (from left): Max Li, Xijing Dai, Jack Zhang, Lucy Liu and Ki-lok Wong. He has a “vision to help businesses of all sizes to expand and scale globally”, he explains.
What sort of people do you want to come on board for the company?”. That’s our job at SmartCompany: to keep you informed with the news, interviews and analysis you need to manage your way through this unprecedented crisis.
Lucy Liu is a co-founder of Australian tech unicorn Airwallex. I think in that sense Airwallex entered the market at a very good time so we were able to ride on the growth of our customers as well.". Picture: Supplied. xijing has 1 job listed on their profile. “We launched the product in one market for two weeks, and acquired close to 1,000 clients,” Zhang says. The plan is to onboard more than 20,000 SMEs in 2019.
Read this expert Q&A to maximise cash back on your overseas marketing expenses, Atlassian launches $70 million venture fund to foster “a robust ecosystem” for cloud-based startups. “We can help businesses do not just one thing, we can help them do everything.”. While these partners have helped Airwallex to grow locally, Zhang says at this stage the startup isn’t necessarily looking for support. He also advises startups to be quick to bring a product to market, to speak to customers “and let the market tell you what needs to be done”. "We are in the process but I can't give you any more details," she said.
On the other hand, however, he says it’s important to launch an MVP that has the basic features and product-market fit. The round was led by US venture capital firm DST Global, which has previously backed the likes of Facebook, Airbnb and Spotify, as well as fintechs Robinhood and Stripe.
The startup currently 257 staff members, globally.
Get COVID-19 news you can use delivered to your inbox. From left to right: Airwallex co-founders Xijing Dai, Jack Zhang, Lucy Liu and Max Li.
Open Map View. It has raised a total of $US202 million, including a $US22 million Series A round and and $US80 million Series B round. Airwallex operates in the B2B space, and within that, new business models are emerging, and existing models are changing. “That gives you a benchmark in hiring people. The funding will largely be used for product development, Zhang says.
However, now the chief says he doesn’t “do management”, he says. “That’s why enterprise products generally take a lot longer to succeed, and it takes a lot longer to generate revenue.”. Now, there’s a way you can help us keep doing this: by becoming a SmartCompany supporter. The fundraising comes as $US18.2 million ($27 million) of Airwallex's funds remain frozen in Hong Kong after the territory's Organised and Serious Crimes Ordinance froze the funds last year after Airwallex remitted it to the bank accounts of two of its customers, Rong Tong Sihai Import and Export Trading Co and Zhong Liang Trading Co. Airwallex said it was an innocent third party and has applied to Hong Kong's High Court for judicial review of the freezing orders, arguing the Hong Kong police violated private property protection principles. “It’s just a status that people recognise in the industry,” he says. They teamed up with university friends Ms Liu, Xijing Dai and Ki-lok Wong to enable small businesses to make purchases with offshore merchants without incurring typical exchange fees.
“We wanted to take some money that is not from an Asian background, I guess,” Zhang says. Currently, Airwallex is projecting 500% revenue growth for 2019, and Zhang expects that to continue in 2020, and beyond.
The founding team of AirWallex (from left): Max Li, Xijing Dai, Jack Zhang, Lucy Liu and Ki-lok Wong. He has a “vision to help businesses of all sizes to expand and scale globally”, he explains.
What sort of people do you want to come on board for the company?”. That’s our job at SmartCompany: to keep you informed with the news, interviews and analysis you need to manage your way through this unprecedented crisis.
Lucy Liu is a co-founder of Australian tech unicorn Airwallex. I think in that sense Airwallex entered the market at a very good time so we were able to ride on the growth of our customers as well.". Picture: Supplied. xijing has 1 job listed on their profile. “We launched the product in one market for two weeks, and acquired close to 1,000 clients,” Zhang says. The plan is to onboard more than 20,000 SMEs in 2019.
Read this expert Q&A to maximise cash back on your overseas marketing expenses, Atlassian launches $70 million venture fund to foster “a robust ecosystem” for cloud-based startups. “We can help businesses do not just one thing, we can help them do everything.”. While these partners have helped Airwallex to grow locally, Zhang says at this stage the startup isn’t necessarily looking for support. He also advises startups to be quick to bring a product to market, to speak to customers “and let the market tell you what needs to be done”. "We are in the process but I can't give you any more details," she said.
On the other hand, however, he says it’s important to launch an MVP that has the basic features and product-market fit. The round was led by US venture capital firm DST Global, which has previously backed the likes of Facebook, Airbnb and Spotify, as well as fintechs Robinhood and Stripe.
The startup currently 257 staff members, globally.
Get COVID-19 news you can use delivered to your inbox. From left to right: Airwallex co-founders Xijing Dai, Jack Zhang, Lucy Liu and Max Li.
Open Map View. It has raised a total of $US202 million, including a $US22 million Series A round and and $US80 million Series B round. Airwallex operates in the B2B space, and within that, new business models are emerging, and existing models are changing. “That gives you a benchmark in hiring people. The funding will largely be used for product development, Zhang says.
However, now the chief says he doesn’t “do management”, he says. “That’s why enterprise products generally take a lot longer to succeed, and it takes a lot longer to generate revenue.”. Now, there’s a way you can help us keep doing this: by becoming a SmartCompany supporter. The fundraising comes as $US18.2 million ($27 million) of Airwallex's funds remain frozen in Hong Kong after the territory's Organised and Serious Crimes Ordinance froze the funds last year after Airwallex remitted it to the bank accounts of two of its customers, Rong Tong Sihai Import and Export Trading Co and Zhong Liang Trading Co. Airwallex said it was an innocent third party and has applied to Hong Kong's High Court for judicial review of the freezing orders, arguing the Hong Kong police violated private property protection principles. “It’s just a status that people recognise in the industry,” he says. They teamed up with university friends Ms Liu, Xijing Dai and Ki-lok Wong to enable small businesses to make purchases with offshore merchants without incurring typical exchange fees.
“We wanted to take some money that is not from an Asian background, I guess,” Zhang says. Currently, Airwallex is projecting 500% revenue growth for 2019, and Zhang expects that to continue in 2020, and beyond.
Of these, 61 are in Australia, but that team is expected to increase by 50% by the end of this year.
$27 million remains frozen in Hong Kong bank accounts, after the company was involved in alleged fraud, valued at over $US1 billion ($1.5 billion) last year. Social media giant Facebook has opened applications for its latest grants, available to small businesses in Melbourne and Sydney. Xijing Dai. VP - Marketing. See the complete profile on LinkedIn and discover xijing’s connections and …
Report incorrect company information. Source: Supplied.
Level 6, 22 William St,
This is not an easy balance to get right. “You could have zero revenue for two or three years.”. “We want to provide the product and infrastructure to help those small businesses scale.”. The funding “just gives us an opportunity to build those products, to hire those people, to continue to chase our vision”, he adds. “We only want to hire the best and develop the best. However, it also represents more pressure to continue on its growth trajectory. “It’s not like everyone can deliver this.”. "Given everything going on in Hong Kong at the moment it is very slow," she said.
The founding team of AirWallex (from left): Max Li, Xijing Dai, Jack Zhang, Lucy Liu and Ki-lok Wong. He has a “vision to help businesses of all sizes to expand and scale globally”, he explains.
What sort of people do you want to come on board for the company?”. That’s our job at SmartCompany: to keep you informed with the news, interviews and analysis you need to manage your way through this unprecedented crisis.
Lucy Liu is a co-founder of Australian tech unicorn Airwallex. I think in that sense Airwallex entered the market at a very good time so we were able to ride on the growth of our customers as well.". Picture: Supplied. xijing has 1 job listed on their profile. “We launched the product in one market for two weeks, and acquired close to 1,000 clients,” Zhang says. The plan is to onboard more than 20,000 SMEs in 2019.
Read this expert Q&A to maximise cash back on your overseas marketing expenses, Atlassian launches $70 million venture fund to foster “a robust ecosystem” for cloud-based startups. “We can help businesses do not just one thing, we can help them do everything.”. While these partners have helped Airwallex to grow locally, Zhang says at this stage the startup isn’t necessarily looking for support. He also advises startups to be quick to bring a product to market, to speak to customers “and let the market tell you what needs to be done”. "We are in the process but I can't give you any more details," she said.
On the other hand, however, he says it’s important to launch an MVP that has the basic features and product-market fit. The round was led by US venture capital firm DST Global, which has previously backed the likes of Facebook, Airbnb and Spotify, as well as fintechs Robinhood and Stripe.
The startup currently 257 staff members, globally.
Get COVID-19 news you can use delivered to your inbox. From left to right: Airwallex co-founders Xijing Dai, Jack Zhang, Lucy Liu and Max Li.
Open Map View. It has raised a total of $US202 million, including a $US22 million Series A round and and $US80 million Series B round. Airwallex operates in the B2B space, and within that, new business models are emerging, and existing models are changing. “That gives you a benchmark in hiring people. The funding will largely be used for product development, Zhang says.
However, now the chief says he doesn’t “do management”, he says. “That’s why enterprise products generally take a lot longer to succeed, and it takes a lot longer to generate revenue.”. Now, there’s a way you can help us keep doing this: by becoming a SmartCompany supporter. The fundraising comes as $US18.2 million ($27 million) of Airwallex's funds remain frozen in Hong Kong after the territory's Organised and Serious Crimes Ordinance froze the funds last year after Airwallex remitted it to the bank accounts of two of its customers, Rong Tong Sihai Import and Export Trading Co and Zhong Liang Trading Co. Airwallex said it was an innocent third party and has applied to Hong Kong's High Court for judicial review of the freezing orders, arguing the Hong Kong police violated private property protection principles. “It’s just a status that people recognise in the industry,” he says. They teamed up with university friends Ms Liu, Xijing Dai and Ki-lok Wong to enable small businesses to make purchases with offshore merchants without incurring typical exchange fees.
“We wanted to take some money that is not from an Asian background, I guess,” Zhang says. Currently, Airwallex is projecting 500% revenue growth for 2019, and Zhang expects that to continue in 2020, and beyond.
