Airwallex has just raised its Series G at a $US8b valuation (a 30pc uplift from its last round ) , with Addition, one of the most savvy growth investors in the world leading its 8th round in 8 years, with Square Peg making its 8th investment into the Company together with participation from T Rowe Price Associates, Activant, Lingotto, Robinhood Ventures and TIAA Ventures.
We plan to deploy over $1b over the next 3 years tackling the USA market, says Jack
Talking about going all in !!!
Jack Zhang is has surrounded himself with a remarkable team.
What has made it a bet VCs are eager to back ?
A clear vision for a borderless, real-time, intelligent future of global banking—and the courage, resilience, and relentless execution to endure the highs, lows, and personal sacrifice—says Paul Bassat , cofounder of Square Peg .
The daily grind from a valuation of
$8m to $80m to 800m to $8b to ????
The investors clearly believe in the capability for this The crazy scaling of the capability of the leadership team and making the right strategic bets.
An attribute to his leadership is from Paul Bassat - founder of Square Peg
“It has been one of the most fun experiences and biggest privileges of my career to work with Jack Zhang and his team and serve on the board and I am really looking forward to the next decade.”
