Airwallex names Kai Wu Chief Revenue Officer and APAC GM

Kai Wu, Chief Revenue Officer and General Manager for APAC at Airwallex

Global fintech platform Airwallex has appointed Kai Wu as the company’s Chief Revenue Officer (CRO) and APAC General Manager. Kai has held several senior positions at Airwallex for close to five years, including as Chief Financial Officer and Greater China CEO. These appointments come as Airwallex aims to accelerate its growth globally and in APAC in 2023.

Founded in Melbourne, Australia, in 2015, Airwallex has quickly grown to having a presence across 19 global locations across Asia-Pacific, Europe, and North America. The company continues to scale to new heights, recently announcing its US$100 million raise in its Series E2 fundraising round with its customer base more than doubling Year-over-Year (YOY).

What does Kai bring to his new role at Airwallex?

In the newly created CRO role, Kai is responsible for the company’s global revenue strategy, as well as closer alignment of all revenue-related functions globally, from marketing, sales, customer success to revenue operations. As Airwallex continues to grow and expand, Kai will play a pivotal role to increase revenue growth in a scalable and sustainable manner.

In addition to his responsibility of driving the global revenue strategy, Kai’s role as Asia Pacific General Manager reflects expanded responsibilities for oversight of Airwallex’s business operations across the Asia-Pacific region. Kai will spearhead the company’s growth plans in the region and drive greater efficiency across the markets where Airwallex operates.

Kai Wu is Airwallex’s Global Chief Revenue Officer & General Manager, Asia Pacific. As Global Chief Revenue Officer, Kai Wu established Airwallex’s overall revenue strategy & operations team that oversees all business activities impacting the business’ revenue streams.

Kai will oversee the company’s strategy and operations across the region, working alongside each market to create more synergy and drive more regional opportunities. Prior, Kai had also served as Airwallex’s Greater China CEO, Chief Financial Officer and Head of Strategy.

Before joining Airwallex in 2018, Kai was a core member of the financial services leadership group at the Boston Consulting Group (BCG) in Shanghai, advising private equity firms on major investments in top Fintech companies across China. He also spent time at Bertelsmann Asia Investments (BAI), covering investments in the TMT and Fintech industries.

What does the appointment mean for Airwallex?

Jack Zhang, Co-founder and Chief Executive Officer at Airwallex

Jack Zhang, Co-founder and CEO of Airwallex, said, “Our investment in building a senior leadership team shows our commitment to grow the business, in APAC and globally. Having Kai take on these new roles comes at a critical juncture as we take major steps to enable the most powerful financial infrastructure and operating system for modern businesses.”

“And as more businesses in the region strengthen their digital and tech transformation strategy, we want to ensure Airwallex is well positioned to support them on their journey.”

Kai said, “Airwallex is truly on the forefront of driving innovation and change in the digital economy. I am incredibly excited to grow my role within the company and look forward to accelerating our growth and continuing to build our momentum globally and across APAC.”