Airwallex's Tencent deal took 3 years as Tencent built competing tech
Jack Zhang · Airwallex CEO & Co-Founder, Jack Zhang: The Angel That Turned $1M into $1BN · 20VC with Harry Stebbings · May 26, 2025 · at 48:56
Jack Zhang is the co-founder and CEO of Airwallex. Tencent was an early strategic investor in Airwallex.
0:00 / 0:22exact quote · 22.3s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“The Tencent deal took me three years. After that point it's just a big corporate, right? It's just take a long time. And it's the same thing from the, WeChat paid department. They were like, why can't we build ourself? So they end up built like essentially what Airwalls built themselves and only using us as one of the liquidity providers.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →