Assertion Supported AI assessment confidence: 90% certainty 4/5 debate potential 2/5

Stripe offered nearly $1.2B to acquire Airwallex in 2018

Jack Zhang · Airwallex CEO & Co-Founder, Jack Zhang: The Angel That Turned $1M into $1BN · 20VC with Harry Stebbings · May 26, 2025 · at 1:00:51

Jack Zhang, CEO of Airwallex, details the structure of Stripe's $1.2 billion acquisition offer in late 2018, which Airwallex ultimately declined.

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“Essentially it's a complicated deal construct. Essentially it's eight hundred million on the cap table, and three hundred fifty million to me and my co-founders, and I think it's a fifty million dollar I think twenty-five million dollar to the employees, of the core employees. So it's like close to 1.2”

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