Founder, Soshals | C... • 4d
> 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 café > 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 → $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. What’s your excuse?

Helping an Idea to S... • 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
Figuring Out • 11m
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
Intern at YourStory ... • 5d
Weekly Update #6 📰 Top Startup News • India Accelerator expands to Saudi Arabia with a $15M fund to help Indian startups enter the Middle East. • India crosses 2 lakh recognized startups, with nearly 50% having women leaders. • Shiprocket files rev
See MoreDownload the medial app to read full posts, comements and news.