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Airwallex nearly died three times before Square Peg saved its Series A+

Jack Zhang · Airwallex CEO & Co-Founder, Jack Zhang: The Angel That Turned $1M into $1BN · 20VC with Harry Stebbings · May 26, 2025 · at 32:22

Jack Zhang, co-founder and CEO of Airwallex, recounts early fundraising challenges and how Square Peg's Series A+ capital injection saved the startup when it was low on cash.

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“No, so SquarePak invested in Series A+. Essentially, that's, you know saved us from dying. So we, there's like three times that we almost died, and then and that's the second time that we almost run out of money. SquarePak invested”

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