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Jack Zhang’s Aussie fintech claims rapid scale—85% YoY growth, $300bn annual…

Brief

Jack Zhang’s Aussie fintech claims rapid scale—85% YoY growth, $300bn annual volume, 200k business customers and $1.3bn ARR—and high‑profile marketing (Spike Lee). Founded in a Melbourne coffee shop, Zhang says the team spent 11 years replacing correspondent banking from first principles to offer bank accounts in 70+ countries, treasury in 25+ currencies and a full suite of global business finance products, arguing AI broadens who can build on that infrastructure.

Source evidence

The Aussie energy goes hard.

→ 85% YoY growth
→ $300bn in annual transaction volume
→ 200k business customers
→ Spike Lee directing brand films?!
→ $1.3bn in ARR

Still most people never heard of these guys, fintech finest:

Jack Zhang (@awxjack)

Most fintech companies started in the world's biggest markets and expanded outward.

Most were built in Silicon Valley, with Silicon Valley assumptions.

We started on the other side of the world, in a Melbourne coffee shop.

Outsiders, by every measure.

So we went deeper than anyone wanted to. Reimagining correspondent banking from first principles, not abstracting away the old system but replacing it.

Years of obtaining licenses, building infrastructure, and shipping every financial product a growing business needs including intelligent finance.

Bank accounts in 70+ countries. Treasury across 25+ currencies. Cards, spend management, bill pay, multi-entity, all on one platform.

Built so the whole world feels like your home market.

Now AI means the builders are everywhere.

Global financial infrastructure has always been the hard part.

Ours took eleven years to build, and it's ready for you on day one.

Build the Future ↓

Video

— https://nitter.net/awxjack/status/2052025679554990257#m