Airwallex raised at a $60M valuation with zero revenue
Jack Zhang · Airwallex CEO & Co-Founder, Jack Zhang: The Angel That Turned $1M into $1BN · 20VC with Harry Stebbings · May 26, 2025 · at 42:50
Jack Zhang is the co-founder and CEO of Airwallex. He recounts an early fundraising round when the company was struggling to find product-market fit with small businesses.
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“We only got like a hundred customers by that time. And we were raising at a sixty million dollar valuation with no revenue.”
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