Jack Zhang invested over $50M into unproven products post-Stripe offer
Jack Zhang · Airwallex CEO & Co-Founder, Jack Zhang: The Angel That Turned $1M into $1BN · 20VC with Harry Stebbings · May 26, 2025 · at 1:08:36
Jack Zhang, co-founder and CEO of Airwallex, details how he reallocated capital to transform Airwallex from a single-product money transfer company into an end-to-end global banking platform.
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“I basically put most of the money out of the hundred million to build this new product and not investing in the existing product. And that kind of is the biggest bet I made.”
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