Back

Kritarth Mittal โ€ข Soshals

Founder, Soshals | C...ย โ€ขย 3m

> be Jack Zhang > love math and physics > learn how to code at University of Melbourne > age 15: get shipped off to Australia > dad loses job, family goes bankrupt > finance day job, hustle by night > learn to sell - property deals, burger joint, wine/oil trade, Melbourne cafรฉ > within years, side-hustles pull in millions 2015 > start building Airwallex > first products flops, money lost > second product flops, money lost > third product flops even faster > cash burning fast with only 6 weeks runway > Sequoia takes a $13M bet on you 2017 > rebuild from scratch > a whole new global payments API platform > payments volume explodes > $0 โ†’ $1B processed in one year > Stripe offers to buy you out for $1.2 BILLION > reject the offer > 2018: raise $80M Series B to scale > 2019: DST Global leads $100M Series C > Airwallex becomes a unicorn > 2025: smash all records in fintech industry > $1 Billion ARR (90% YoY growth) > $235 billlion+ payments volume > supports 200K+ businesses globally > global footprint with 25+ offices > accounts in 65+ countries > 94% of transfers arrive same-day > latest $330M Series G @ $8B valuation > backed by top VCs: Sequoia, DST Global, Square Peg, Visa Ventures, etc. Jack Zhang for you, ladies and gentlemen. Living proof legends are made, not born. Whatโ€™s your excuse?

Reply
2
11

More like this

Recommendations from Medial

Vikas Acharya

ย โ€ขย 

Medialย โ€ขย 1y

Alibaba: Overcoming Rejection to Build a Giant Jack Ma, a former English teacher, founded Alibaba in 1999 to help small businesses in China connect with global markets. Despite facing rejections from investors, Ma persisted, focusing on e-commerce,

See More
Reply
2

RITIK NEGI

โ€œBuilding ideas. Eng...ย โ€ขย 10m

๐Ÿ‡ฎ๐Ÿ‡ณ India Leads the World in Digital Payments! ๐Ÿ’ฅ In FY25, UPI (Unified Payments Interface) recorded a staggering โžก๏ธ 185.8 billion transactions โžก๏ธ Accounting for 83.4% of the total digital payment volume This isnโ€™t just a metro-city story โ€” itโ€™s h

See More
Reply
3

brijesh Patel

Founder | Venture Pa...ย โ€ขย 4m

Top 20 VCs in the world (As per *Forbes*). I will try to bring them to the community and also see how they can invest/ co-invest in Indian startups Also I will try to bring *case studies* of their *top investments*. 1. โ Alfred Lin- Sequoia โ€‡2.โ  โ 

See More
Reply
Image Description
Image Description

LIKHITH

"You never know"ย โ€ขย 1y

Mafia Series #1 THE PAYPAL MAFIA GANG โ– Elon musk = Tesla,SpaceX, Neuralink etc โ– Peter Theil = Co founder of Palantir Tech,Early investor in Facebook and has Founders fund โ– Reid Hoffman = Co founder of Linkedin โ– Max Levechin = Co founder of Af

See More
15 Replies
3
11
Image Description

Gyananjaya Behera

Helping an Idea to S...ย โ€ขย 1y

UPI Transactions Jump 5% MoM In May To 1,404 Cr Monthly Growth: UPI transactions rose 5% month-on-month in May to 14.04 billion, with transaction volume increasing 4.1% to INR 20.45 lakh crore. Yearly Growth: Year-on-year, transaction count surged

See More
3 Replies
1
6
Image Description
Image Description

Inactive

AprameyaAIย โ€ขย 1y

How CRED Cred-ed ? Short Case study on CRED CRED, founded by Kunal Shah in 2018, shows how a failing loyalty program can morph into a fintech unicorn. ๐Ÿฆ„ Here's how: โžช Gap Filled: CRED made credit card bill payments easy and rewarding. โžช Initial S

See More
9 Replies
1
14
Image Description
Image Description

Arcane

Hey, I'm on Medialย โ€ขย 1y

ONE INTERESTING OBSERVATION SERIES DAY #2 With the surge in digital payments, UPI has become the most popular payment method in India. However, it's also the most targeted by fraudsters. In 2022, UPI accounted for a staggering 55% of all fraud case

See More
10 Replies
10
Image Description
Image Description

Havish Gupta

Figuring Outย โ€ขย 1y

How Two Brothers Built a $100B Company! This is the story of Patrick Collison and John Collison, two Irish brothers with a passion for technology and entrepreneurship. In 2010, the Collison brothers were frustrated by the complexity of online payme

See More
12 Replies
17
23
Image Description

Ushno Kumar Dey

Software developer, ...ย โ€ขย 14d

16 March Startup Bulletin E-COMMERCE HIGHLIGHTS - finperks raised $4M pre-seed for prepaid payments infrastructure (Germany) - Pickup Coffee secured $8M debt funding to expand in the Philippines - Stake closed $8M + acquired UMoveFree to scale its

See More
2 Replies
4

Aryan patil

Intern at YourStory ...ย โ€ขย 3m

Weekly Update #6 ๐Ÿ“ฐ Top Startup News โ€ข India Accelerator expands to Saudi Arabia with a $15M fund to help Indian startups enter the Middle East. โ€ข India crosses 2 lakh recognized startups, with nearly 50% having women leaders. โ€ข Shiprocket files rev

See More
Reply
1
3

Download the medial app to read full posts, comements and news.