For the past several months, @Airwallex has been the subject of false allegations originating with a board member of a direct competitor that include wild conspiracy theories about me. Today I am responding directly with facts and an independent security assessment that speaks for itself.
I also want to use this moment to introduce Airwallex properly. We are a decade into building financial infrastructure that gives American businesses the ability to compete and win globally. That work continues.
I was born in China. I arrived in Melbourne at fifteen with little English and no safety net. Australia gave me the education, the opportunity, and the freedom to build something. The United States represents that same promise, perhaps more powerfully than anywhere else on earth. We plan to keep building here.
https://t.co/GCn5qvkWko
Payments, treasury, issuing, acquiring, in local currencies, for any global business and embedded for their customers.
Our team is building fast across the Americas and all over the world.
We saved our customers over $1.3 Billion in 2025 alone.
That value has helped @Airwallex reach $1.2 Billion in ARR, growing 85% YoY.
@Deel, @McLarenF1 , @boltapp and 200,000+ other customers trust us because legacy banking wasn't meant for global businesses:
• Opening a bank account in a new country takes weeks
• SWIFT transfers take 3-5 days
• Other platforms convert your money even when you don't want to
But with Airwallex you can:
1. Open an account and get paid like a local in 70 countries
Most platforms force you to convert your money into your currency and charge you a conversion fee to do it.
With Airwallex, your UK client pays you in GBP and it sits in your GBP balance.
Your Australian client pays in AUD and it sits in your AUD balance.
When you need to pay a UK vendor or run Australian payroll, you can simply pay from the same currency in your Airwallex account which leads to zero conversion fees.
2. Send and receive money on the same day
SWIFT takes 3–5 days and hits you with unpredictable fees on every transfer.
But over 90% of Airwallex transactions happen on the same day.
Since Airwallex uses local rails to move your money, it also happens at near-zero cost.
3. Issue multi-currency cards instantly
Airwallex helps you issue multi-currency cards to your employees across the entire world.
And every transaction is automatically synced to your accounting system in real-time.
4. Integrate Airwallex in your product
SaaS platforms and marketplaces can also use our APIs to offer these financial services to their customers.
In fact, many companies are doing it already.
But this is just a glimpse of what Airwallex can do. We’re building the all-in-one financial stack your company will ever need.
If you're doing $50M+ in revenue, you could save up to $500k in fees.
And that's money back into your business.
Sign up for a demo here: https://t.co/mPYspL3tfN
We are fucking killing it in June.
Approaching $900M ARR.
Revenue up 95% YoY.
We’re building the future global financial operating system and it’s compounding fast.
@AlexH_Johnson It would increase cost of funds. All 3 are providers as well. But less so. And if they charged meaningful $ their brands and products would be more hurt by downstream customer issues than big banks
@scottew Yes, but a lot of the recent growth in stables has happened in a higher rate environment. They’ll be like a payment network with business risk on rates like a bank. Will be interesting how this translates to biz model on acceptance pricing