Airwallex president Lucy Liu invokes a car metaphor to describe one of her company’s newest products. “It’s like assisted driving, like you have in a Tesla,” she says to describe T:0, an automated bookkeeping system that can run a company’s entire financial department on its own. “You still have someone in the driver’s seat, but the car really drives itself.”
T:0 is part of a broader pivot for Airwallex, which got its start in Australia, and has emerged as a major global player in fintech and payments. Like platforms like Wise and Revolut, its business first grew alongside traditional industries that rely on cross-border payments, such as e-commerce, gaming, and online travel. But as AI changes how companies approach aspects of their business, including subscriptions and payment models, fintech firms like Airwallex are changing too.
