Airwallex Founder Reveals Rejecting $1.2B Acquisition Offer from Stripe
BlockBeats News, December 9th, Jack Zhang, Founder and CEO of the payment startup Airwallex, shared that, "In 2018, Stripe proposed to acquire us for $1.2 billion when our revenue was only $2 million. Stripe's offered valuation was 600 times our revenue, and based on the latest Stripe stock price, I could have personally earned over $2 billion. But the team rejected it. Today, we have raised $330 million, with a valuation of $8 billion and an Annual Recurring Revenue (ARR) of $1 billion."
Earlier reports stated that Airwallex raised $330 million in its latest funding round, valuing the company at $8 billion. According to a statement released on Monday, this valuation represents a ~30% increase from the previous funding round six months ago. Addition led this funding round, with participation from Activant, Lingotto, TIAA Ventures, and other institutions.
You may also like

From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments

Who will own the most Bitcoin in 2026

A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic

"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?

Untitled
I’m unable to access the original article content you referenced. Please provide specific details or another article so…

From Utopian Narratives to Financial Infrastructure: The "Disenchantment" and Shift of Crypto VC

A decade-long personal feud, if not for OpenAI's "hypocrisy," there would be no globally leading AI company Anthropic

a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized

a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized

2% user contribution, 90% trading volume: The real picture of Polymarket

Trump Can't Take It Anymore, 5 Signals of the US-Iran Ceasefire

Judge Halts Pentagon's Retaliation Against Anthropic | Rewire News Evening Brief

Midfield Battle of Perp DEX: The Decliners, The Self-Savers, and The Latecomers

Iran War Stalemate: What Signal Should the Market Follow?

Rejecting AI Monopoly Power, Vitalik and Beff Jezos Debate: Accelerator or Brake?

Insider Trading Alert! Will Trump Call a Truce by End of April?

After establishing itself as the top tokenized stock, does Ondo have any new highlights?

BIT Brand Upgrade First Appearance, Hosts "Trust in Digital Finance" Industry Event in Singapore
From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments
Who will own the most Bitcoin in 2026
A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic
"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?
Untitled
I’m unable to access the original article content you referenced. Please provide specific details or another article so…
