SMH
·general
·8 hours ago
Under fire at home, Airwallex turns to Australia’s youngest founders
Airwallex co-founder Lucy Liu announced Latitude 37 on Thursday, a program offering Australian AI founders under 25 equity-free $100,000 grants annually. The payments giant, valued at $12 billion, processes over $1 billion daily and posted $61 billion in volume last quarter. The initiative addresses a funding gap as the company faces an AUSTRAC financial crimes investigation.
Summary by Glance · SMH
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