Early Airwallex VC delayed wiring funds for five months post-term sheet
Jack Zhang · Airwallex CEO & Co-Founder, Jack Zhang: The Angel That Turned $1M into $1BN · 20VC with Harry Stebbings · May 26, 2025 · at 47:52
Jack Zhang is the co-founder and CEO of Airwallex. He details early fundraising struggles before Airwallex achieved scale.
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“The VC that kind of supposed to invest you know, together with Lucy they didn't wire the money, I mean, until like five months later after they signed the term sheet. So they were basically like, show me the demo before they wire the money.”
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