Airwallex burned close to $200M annually around 2022
Jack Zhang · Airwallex CEO & Co-Founder, Jack Zhang: The Angel That Turned $1M into $1BN · 20VC with Harry Stebbings · May 26, 2025 · at 1:20:08
Jack Zhang is the co-founder and CEO of Airwallex. He shares internal financial figures regarding the company's annual cash burn rate prior to achieving profitability.
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“And obviously we raised a flat round in 20 and 22, because at that time we were burning close to two hundred million dollars a year and we weren't really sure like how long we're going to last.”
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