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Cool growth chart. Have you disclosed to US customers like @Rippling, @Billcom, @TheZipHyouQ, @brexHQ, and @Navan that you’re quietly sending their customers’ data to China?

Airwallex has become a Chinese backdoor into sensitive American data like from AI labs and defense contractors. You must already know this, but your China-based ops, infra, and investors create legal obligations to assist with CCP espionage upon request.

Through Airwallex, Beijing can access:
•supplier payments for AI labs
•payroll data for defense contractors
•personal data for employees abroad

Obviously many companies do business in China, and that’s not inherently a bad thing. But your company has become a guaranteed vector for data transfer to the Chinese government, and that’s a different thing entirely.

You have multiple points of vulnerability:
> people (key execs and core engineering team is based in mainland China, which obligates these individuals to comply with Chinese government demands to hand over data)
> legal structure (company leaders are subject to Chinese national security law)
> cap table (over 20% of your company is Chinese-owned, including Tencent, HongShan, and others, which further obligates you to comply with CCP requests).

What’s happening:
> You route global payments for US companies in critical sectors, without disclosing that you are under Chinese jurisdiction
> You moved HQ to Singapore, but your largest operational footprint is in China and hundreds of your engineers in mainland China touch production payment systems
> You are subject to Chinese law that requires Airwallex employees to support CCP intelligence requests and quietly hand over data when asked
> You hide this from your customers, but you are well aware of your obligations to China and that is why you insist on protection of Chinese data access in your contracts

Thanks to you, the Chinese government now has direct, covert, legally enforceable access to sensitive financial information belonging to America’s AI labs, defense contractors, financial institutions, healthcare firms, and Fortune 500s. Maybe this wasn’t your intent when you started the company, but it’s clear you’ve allowed this to happen. 2/6 Airwallex presents itself as a Singaporean company, but the bulk of its operations and core staff are in China’s jurisdiction. Airwallex has 1,700 employees globally; roughly 40% and its largest offices are in mainland China and Hong Kong, including core engineering and ops.

Job postings for “Senior Software Engineer – Backend (Payments Platform), Shanghai” say engineers there “design, develop, and maintain mission-critical payment systems that power Airwallex’s core financial services… for its global customers,” implying production-level access.