Press release

Airwallex Collaborates with the University of Melbourne to Empower Next Generation of Australian Tech Leaders

Oct 24th 2019

AIRWALLEX COLLABORATES WITH THE UNIVERSITY OF MELBOURNE TO EMPOWER NEXT GENERATION OF AUSTRALIAN TECH LEADERS

  • Airwallex sponsored and presented three prizes at the Endeavour Awards yesterday (24 October 2019), hosted by the University’s Melbourne School of Engineering (MSE)
  • Airwallex also announced plans to launch a new A$20,000 scholarship for a future master student at Melbourne School of Engineering

Australia, Friday 25 October 2019 -- Global payment platform and Australia’s fastest-grown fintech unicorn, Airwallex, has collaborated with the University of Melbourne, inspiring the next generation of tech leaders and entrepreneurs.

The collaboration saw Airwallex participate in the Endeavour Exhibition award ceremony yesterday, hosted by Melbourne School of Engineering. The exhibition showcased more than 100 projects developed by the school’s engineering and IT masters students. Awards were presented to the top projects across several disciplines in the evening.

As principal sponsor, Airwallex awarded three of the most prestigious accolades: the ‘Customer-Centric Technology Award’, the ‘Enhancing the Australian Economy Through Innovation Award’, and the ‘Enhancing Social Impact Through Innovation Award’. Alongside recognition at the awards ceremony, winners were each presented with a A$2,000 prize fund.

Airwallex also announced plans for the launch of a new two-year scholarship (A$20,000) at the awards ceremony. The scholarship will support a masters student in Melbourne School of Engineering in 2020 via the University of Melbourne’s equity program, Access Melbourne*.

The scholarship marks the next phase of Airwallex’s ongoing relationship with the University of Melbourne. Airwallex has supported the University’s Melbourne Accelerator Program (MAP) as a mentor since 2018.

“The University of Melbourne is central to the Airwallex story. It is where four of the five founders, including myself, graduated from. Our experience at the university has paved the path to our success today, so it is our pleasure and privilege to return to where it all began, and give back to this important community,” said Jack Zhang, CEO and Co-Founder of Airwallex.

“There is high demand for engineering and technology talent in Australia. We are confident that our initiatives with the University of Melbourne will play a key role in enhancing student learning and graduate employability. As a result, this will increase the pool of skilled talent in the country. We have already witnessed brilliant thinking at today’s Endeavour Exhibition and are excited to see what the next generation of tech leaders and innovators has to offer,” said Jack.

“We are delighted and very proud to welcome back MSE alumni, Airwallex co-founder Jack Zhang to the University and look forward to the opportunities to continue our work with Airwallex in years to come,” said Professor Mark Cassidy, Dean of Melbourne School of Engineering.

*Access Melbourne supports students who have experienced disadvantage. Scholarships may be awarded to students from regional or rural Australia, Indigenous or low socio-economic backgrounds.

About Airwallex Airwallex is a fintech redefining payments globally. Since 2015, Airwallex has secured over $200 million USD in external funding, supported by top-tier investors including DST Global, Sequoia Capital China, Tencent, Hillhouse Capital, Gobi Partners, Horizons Ventures, Square Peg Capital, and MasterCard. The company uses advanced technology to enable low-cost, high-speed and transparent international payments encompassing the entire cross-border payment value chain, from global collection to foreign exchange and international payments. Led by a highly capable, experienced and driven executive team, Airwallex has established international offices across Hong Kong, Melbourne, Shanghai, Singapore, London, San Francisco and Tokyo. www.airwallex.com

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