Jack Zhang
2 mentions across all digests
CEO and co-founder of Airwallex who declined Stripe's $1.2 billion acquisition offer in 2019 to continue building the company's proprietary payment infrastructure.
Once close enough for an acquisition, Stripe and Airwallex are now going after each other
Airwallex's 2018 rejection of Stripe's $1.2 billion acquisition offer has vindicated its independence strategy—the startup now boasts $1.3 billion annualized revenue and 90 licenses across 50 markets, giving it greater regulatory reach than Stripe.
Airwallex is about to take on Stripe and the rest of the payments industry — in the physical world
Airwallex launches a global POS platform that consolidates multi-country payments into one merchant onboarding process, directly attacking Stripe's physical payments dominance.