Airwallex, with annual revenue of nearly $500 million, is preparing for an IPO in the next two years

Airwallex, with annual revenue approaching $500 million, is preparing for an IPO in the next two years

2024-08-16

Source: Ryanben Capital

Jack Zhang, co-founder and CEO of Airwallex, a leading global payment and financial platform, said in an interview with CNBC that the company's annual revenue has reached nearly US$500 million and plans to prepare for an IPO by 2026.

Zhang Shuo said that the next important milestone for AirHub is US$1 billion, and he hopes to achieve this goal in 2026 or 2027.

Regarding the company's IPO prospects, Zhang Shuo said frankly that they will prepare for the IPO within the next two years so that they can choose to go public or not.

As a leading global payment and financial platform, AirPix mainly provides customers with global payment, financial management, expense control management and embedded financial solutions. Its business currently covers Asia Pacific, Europe and North America, and has served more than 100,000 customers worldwide (including SHEIN, Qantas, Brex, Rippling, Navan, etc.).

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Airwallex, with annual revenue approaching $500 million, is preparing for an IPO in the next two years

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