'We were always very ambitious': Inside Airwallex's spectacular growth
FEAR & GREED | Business News
In this episode of FEAR & GREED, host Sean Aylmer interviews Lucy Liu, co-founder and president of Airwallex, a fintech company specializing in cross-border payments. Liu discusses Airwallex's origins, starting from identifying the difficulties in cross-border payments while running a Melbourne cafe. She explains Airwallex's competitive advantages, including its comprehensive suite of financial solutions, extensive global coverage, and competitive pricing. Liu highlights the company's impressive growth, driven by transaction fees and expansion into new markets and services like card payments and embedded finance. She also touches on future strategies for sustaining growth, including marketing initiatives, social impact programs, and the potential use of AI to enhance user experience and operational efficiency. While an IPO is a consideration, there's no immediate rush, and China remains a key market alongside emerging markets like Brazil and Mexico.
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