Under fire at home, Airwallex turns to Australia’s youngest founders
Amid a financial crimes investigation and stalled IPO plans, Airwallex is launching a program called Latitude 37 to support young Australian AI founders with equity-free funding and mentorship. The initiative, unveiled by co-founder Lucy Liu, aims to strengthen the company's local ties and address gaps in support for under-25 entrepreneurs. Airwallex, valued at $12 billion, continues to grow its global payments volume while facing regulatory scrutiny at home.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-04-30T02:00:00Z","datePublished":"2026-04-30T02:00:00Z","description":"As regulators audit its money-laundering controls, one of Australia’s most valuable payments companies is recasting itself as a patron of young AI talent.","headline":"Under fire at home, Airwallex turns to Australia’s youngest founders","keywords":"Fintech, Just in, AI","author":[{"@type":"Person","name":"David Swan","jobTitle":"Technology…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.
Discussion
0 commentsMore from The Sydney Morning Herald
