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110: Jack Zhang, co-founder and CEO of Airwallex

With a background in technology and banking, Jack was well positioned to find a better solution for multi-currency banking applications like cross-border payments and FX. Airwallex takes on the antiquated SWIFT system, offering quick, full-amount transactions for half (or less) of traditional bank fees. Having just raised series B funding from big-name investors, Airwallex is poised for global expansion.  

In today’s episode you’ll learn:

  • About Airwallex
  • About Airwallex’s expansion plans
  • Why Jack doesn’t see cryptocurrencies as a threat to the Airwallex business model
  • Jack’s advice for aspiring entrepreneurs
110: Jack Zhang, co-founder and CEO of Airwallex
The Jay Kim Show : Entrepreneurship | Investing | Startups
The Jay Kim Show : Entrepreneurship | Investing | Startups
Jack Zhang, co-founder and CEO of Airwallex
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What was your biggest insight from this week’s episode? Let Jay know in the comments or on Twitter: @jaykimmer.

LINKS FROM TODAY’S EPISODE

  • Read the full transcript from Jack’s interview
  • Find Jack on LinkedIn and Twitter
  • Airwallex

DETAILED SHOW NOTES

  • (2:39) Jack’s introduction of himself and Airwallex
  • (4:35) Jack explains where the idea of Airwallex came from
  • (7:49) Airwallex — Jack explains the name
  • (8:28) Jack gives an overview of the Airwallex products
  • (9:20) A use-case example
  • (13:45) Jack describes the user experience
  • (14:57) Jack explains Airwallex’s revenue model
  • (17:40) Jack describes Airwallex’s target markets and clients
  • (18:47) Jack addresses Chinese regulatory and capital controls
  • (20:54) Jack addresses the question of cryptocurrencies and if they are a threat to steal market share
  • (22:56) Jack shares Airwallex’s expansion plans
  • (25:57) Jack’s advice for aspiring entrepreneurs

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