2025-12-08
Stripe offered to acquire us for $1.2 billion when we had $2M in revenue. Today, we've raised $330M at an $8B valuation and reached $1B ARR. We could've died three times during this journey. This is the story I've never told anyone before: [image]
Financial Times
Singapore-based banking and payments startup Airwallex raised $330M at an $8B valuation, after raising $300M at a $6.2B valuation in May, and plans a US HQ
Payments company opens San Francisco base and reduces Tencent's holding in US pivot — A Singapore fintech that was labelled a …
2025-06-12
7 years ago, my co-founders and I walked away from an 1.2B acquisition offer from @stripe . It was one of the toughest calls we've had to make. Lots more work to do as we build the future of global banking. @emilymason00 thanks! https://www.bloomberg.com/...
Bloomberg
A profile of Airwallex co-founder Jack Zhang, who turned down Stripe's $1.2B offer seven years ago; the fintech is now valued at $6.2B and plans an IPO in 2026
Emily Mason / Bloomberg : X: @awxjack . LinkedIn: Bloomberg News and Ravi Adusumilli X: Jack Zhang / @awxjack : 7 years ago, my co-founders and I walked away from an 1.2B acquisit...