Fintech platform Airwallex has appointed Kai Wu as chief revenue officer (CRO) and Asia-Pacific general manager, as it aims to accelerate growth in the region and globally in 2023.
In the newly created CRO role, Wu is responsible for the company’s global revenue strategy, as well as closer alignment of all revenue-related functions globally, from sales and marketing to customer success and revenue operations. He will play a pivotal role to increase revenue growth in a scalable and sustainable manner.
Wu’s role as APAC general manager reflects expanded responsibilities for oversight of Airwallex’s business operations across the region. He will spearhead the company’s growth plans in the region and drive greater efficiency across the markets where Airwallex operates.
He has held a number of senior positions at the company for close to five years, including as chief financial officer and Greater China chief executive officer.
Before joining Airwallex in 2018, Wu was a core member of the financial services leadership group at the Boston Consulting Group in Shanghai, advising private equity firms on major investments in top fintech companies across China. He also spent time at Bertelsmann Asia Investments, covering investments in the technology, media and telecom (TMT) and fintech sectors.
Founded in Melbourne, Australia, in 2015, Airwallex provides cross-border payments and banking services. It has grown to having a presence in 19 locations across Asia-Pacific, Europe, and North America. The company recently raised US$100 million in its Series E2 funding round with its customer base more than doubling in the second quarter from a year ago.