Episode Summary:
In this episode of the Fintech Fun podcast, host Chris Titley sits down with Matthew Sek, Vice President for Airwallex ANZ, to explore the origins and rapid growth of Airwallex. Matt shares the unique story of how Airwallex was founded in a Melbourne coffee shop, driven by the founders’ challenges with paying overseas suppliers, and evolved into a leading fintech company providing a range of financial products aimed at small and medium-sized businesses (SMBs). The discussion covers Airwallex’s expansion of services, including foreign currency exchanges, global payouts, corporate cards, and potential future ventures into lending. Matt delves into the importance of serving a global market, the ongoing need for business education, and how Airwallex aims to solve traditional financial management issues faced by SMBs. Additionally, the episode touches on Matt's personal life, including his hobbies and the balance of work and downtime.
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Chapters:
00:00 Introduction and Guest Welcome
00:13 The Origin Story of Airwallex
01:50 Global Expansion and Market Trends
03:55 Airwallex Product Suite and Prioritization
05:25 Challenges and Insights from Small Businesses
07:14 The Importance of Education and Awareness
15:23 Personal Insights and Hobbies
20:11 Conclusion and Final Thoughts