It’s been a year since the inception of Airwallex in September 2015 and we’ve come a long way in that time. With more than twenty employees and a new office in the Central Business District of Melbourne, Airwallex is ready to enter the fintech scene with its first products!
The idea for the business was born when two of our founders, Jack Zhang and Max Li, ordered custom-designed coffee cups from China for their cafe in Docklands. When the time came to pay for the cups, Jack realised just how complicated foreign exchange payments were. Although he looked for several alternatives, everything was working out to be more expensive than it ought to be. There had to be a better way.
Airwallex combines payments and foreign exchange into a single platform for easy cross-border transactions. By using the mid-market exchange rates and charging a small, smart percentage fee, we facilitate quick and easy foreign exchange payments.
Our blog will deal with a range of topics relevant to fintech companies, start-ups and SMEs. Our articles will feature trends in the payments, currency and fintech industry, helpful tips for SMEs, as well as challenges we deal with on a daily business as a start-up.
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