The roots of a successful fintech sometimes start in unusual places. For Airwallex’s founders, it started with coffee. They had started a café in Melbourne, Australia but discovered buying supplies from China meant paying exorbitantly high exchange rates and additional fees. For any small business, it wasn’t sustainable. So, the question for Airwallex was simply: how could a global payment be as easy as a local payment?
For Airwallex, that meant creating a digital platform that helped businesses pay their suppliers with fewer fees and greater speed.