[Airwallex Founder Reveals Rejection of Stripe's $1.2 Billion Acquisition Offer] Airwallex founder and CEO Jack Zhang disclosed in a post that Stripe had proposed acquiring Airwallex for $1.2 billion in 2018, when Airwallex's revenue was only $2 million. Based on Stripe's latest valuation, Jack Zhang personally could have earned over $2 billion, but the team rejected the offer. In its latest funding round, Airwallex raised $330 million, reaching a valuation of $8 billion, with annual recurring revenue hitting $1 billion.