Lipstick on a pig - make sure you know which one you'll be - Anonymous employee Airwallex Employee Review

2.0
Dec 3, 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Aggressively growing organization, very good opportunities to touch many parts of the business regardless of your role.

Cons

The business has grown on the back of massive fundraising + the opportunities in China which have been well-captured but it has reached an inflection point. To scale, to capture and grow talent and to list successfully - all of these are challenges that are the biggest for the business & the current leadership team are not fit to address. A good way to summarize the sentiment above is that majority of the senior leaders/managers would not qualify or be successful in similar roles in other fast-growing companies. As such, these senior individuals are neither capable of building teams and functions to deliver on their goals - you'll see that high turnover is a recurring theme because Airwallex turns strong performers into questionable hires. To my original point (lipstick on a pig), the senior management team are aggressively hiring expensive and renowned talent from Tier 1 tech organizations, MBB consulting and very shiny schools - to provide the credibility and sheen required to push the business into the next phase. But it is clear that based on the foundation the business is built on, no number of MBAs or FAANG hires can change Airwallex's DNA. Worth noting that it's the lipstick hires who are getting plenty of resourcing and visibility so if you'll be a lipstick hire - make the most of it. Be wary though, stay long enough and the lipstick will become part of the pig.

Explore other reviews about Airwallex

5.0
Apr 27, 2026
Recommend
CEO approval
Business outlook

Pros

1. Amazing product with strong fit in a handful of verticals 2. Team is top notch, brightest minds in fintech 3. A ton of room to grow, both for individuals and the company on the whole

Cons

1. Leadership is scattered throughout the world and has different priorities 2. Stop chasing the new shiny object and stick with what works and what got us here

1.0
Jun 15, 2026
Recommend
CEO approval
Business outlook

Pros

Good comp and lunch provided via forkable.

Cons

Insanely high number of voluntary resignations, poor work/life balance and progress is slowed due to the concentration of key decision makers based in APAC who work with teams within the United States and EMEA.

2
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Airwallex Response
1d
Thank you for sharing your feedback. We appreciate you highlighting the value you found in our compensation and perks. As a global fintech, our platform is 'always on' to support customers worldwide. This means expectations vary across our teams. Some roles require a regional focus, while others require cross-timezone collaboration for enterprise-wide impact. We acknowledge that these aspects of our operating environment can be challenging. We are continuously working to improve team collaboration and streamline cross-regional decision-making. For our current team members, we encourage raising concerns regarding capacity or scheduling with your manager or People Partner. We also use our anonymous biannual employee engagement survey to identify areas for operational improvement. We appreciate and value your perspective.
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