The Interview

In this interview, we talk to an international entrepreneur, of which we try to bring you approx. 30% of our content. This time we have the pleasure to interview a member of “Forbes Asia 30 Under 30” Lucy Yueting Liu (https://www.linkedin.com/in/awxlucy/), co-founder of Hongkong-based fintech unicorn Airwallex (https://www.airwallex.com/). Airwallex is simplifying international payments for companies.

 

Valuation is the result of what you did well. It is not really a milestone itself. Valuation means nothing if there is no growth” Lucy Liu, Co-Founder fintech unicorn Airwallex

Context

During the interview, Joe and Lucy talk about her past as an investment consultant and intern at banks. She jumped pretty young into the startup world. The idea of Airwallex is to offer a cheaper better and more convenient alternative to SWIFT, which was invented in the 70s (see details below).

“The average time a CEO of a startup stays as CEO is 3 years.  Many people cannot grow in a way that helps their business” Lucy Liu, Co-Founder fintech unicorn Airwallex

 

Affiliated Links

Bretton Woods,
Global Perspectives on the Bretton Woods Conference and the Post-War World Order (The World of the Roosevelts) https://amzn.to/2WSalRC
The Bretton Woods Agreements: Together with Scholarly Commentaries and Essential Historical Documents (Basic Documents in World Politics) https://amzn.to/2Nrj8ag
More books here: https://amzn.to/2JZO7YE
FX Trading Books
The Art of Currency Trading: A Professional’s Guide to the Foreign Exchange Market https://amzn.to/2PVAAoR
A Foreign Exchange Primer https://amzn.to/2WTEq3l
Audible
Or listen to interesting audio books on Audible. You get the first month free https://www.amazon.de/dp/B00NTQ6K7E?tag=startupradi0e-21

 

Further Links

During the interview, Lucy and Joe touch on different topics. Learn more here:

Link Video all New Zealand Rugby team “All Blacks” and their Māori war dance Hakka https://youtu.be/I3gbneDt-S4

FX or forex spreads https://www.investopedia.com/articles/forex/090914/understanding-spread-retail-currency-exchange-rates.asp

A short explanation video what SWIFT is https://www.youtube.com/watch?v=lxaa9GDIOE4 or here on Wikipedia: https://en.wikipedia.org/wiki/Society_for_Worldwide_Interbank_Financial_Telecommunication

Single euro payments area (SEPA): https://ec.europa.eu/info/business-economy-euro/banking-and-finance/consumer-finance-and-payments/payment-services/single-euro-payments-area-sepa_en

Non-convertible currencies: https://www.investopedia.com/terms/n/nonconvertiblecurrency.asp

The Intern https://www.imdb.com/title/tt2106015/ trailer: https://www.youtube.com/watch?v=ZU3Xban0Y6A

 

https://www.startuprad.io/blog/interview-with-lucy-liu-co-founder-of-hongkong-based-fintech-unicorn-airwallex/