Airwallex CEO Jack Zhang denies China security risks, says claims came from Ramp investors.

Airwallex CEO Jack Zhang says security allegations against the company originated with investors in Ramp, a direct competitor, rather than from any security breach or regulatory finding. Zhang, born in China and an Australian citizen, argues that having employees in China is not inherently a security issue and that what matters is data architecture, controls, and safeguards. He notes Airwallex's controls have been independently assessed, its security teams include Palantir and Australian Defence Force veterans, and the company has written to the Congressman. The claims cited 712 China-based employees and Chinese laws on CCP intel assistance.

✨ AI summary of the linked source — not editorial content.

Explore the topic

• China
• Investment
• Security Risk