Think & Grow perfects global professional services with Airwallex

Sydney-born professional services firm Think & Grow was global from day one. Founded in 2015 with the goal of accelerating the growth of technology companies, the founders identified an opportunity to create a business that mirrored the venture partner model they had observed emerging in the United States. 

From the very beginning, they had the ambition to establish a global presence, but they needed to find the right financial partner to help them seamlessly operate between borders. We sat down with Co-Founder Anthony Sochan to explore why Airwallex was the perfect fit. 

The Challenge

Growing fast, banking slow

Think & Grow has offices in six locations across the world, and customers in over 30 global locations. With such a wide scope of global activity, traditional bank accounts weren’t keeping up with their speed of acceleration. 

“We didn't actually have the ability to easily transfer money from one international bank account to another,” says Anthony. 

These inefficiencies were causing pains for the team and their accounting partners, who were losing days in admin time each month. 

Clunky card complexities

Another problem Anthony’s team was facing was managing their global expenses efficiently.

“Before Airwallex cards came along, we were all using our personal credit cards,” says Anthony. 

In an industry where frequent travelling and client meetings are the norm, expenses would build up. As well as having to manually organise receipts, they would have to go through their statements to figure out where expenses needed to be categorised.

"It was less than ideal because at the end of the week or month, we each had to go through the list of transactions, figure out what was a personal expense, and what was a business expense.”

The solution

Making money move

With clients, suppliers, and talent based around the world, it was essential for Think & Grow to be able to seamlessly and cost-efficiently move finances between markets. 

Airwallex Global Accounts makes this process easy, and helps businesses skip the cumbersome administration of opening bank accounts abroad. Accounts with local bank details are available for 60+ countries and regions, and easy FX and Transfers at leading rates are available in 60+ currencies. This has been a game-changer for Anthony and his team. 

Anthony Sochan

Co-Founder, Think & Grow

“Airwallex allows us to take payments from countries all over the world in whatever currency those companies desire.”

A card for every cost

While employee expenses could be managed on personal cards, Anthony knew then were no substitute for an advanced business-first solution. 

Airwallex admins can issue their own Corporate Cards, whether company or employee cards are required, in a matter of minutes. When new team members join, this is now a seamless part of their onboarding. 

Anthony Sochan

Co-Founder, Think & Grow

“Airwallex allows us to quickly provision our expense cards as we bring on board new employees.”

Cards can be issued to team members in 40+ countries, so Anthony’s six office locations are easily covered. Admins can choose between physical or virtual cards, with the latter appearing in employee accounts almost instantly, ready to use!

An intuitive platform in your pocket

Unlike traditional banking options, Airwallex was designed from day one to be digital-first. We know that our platform is going to be used by both finance-savvy professionals and team members that have limited finance knowledge. 

On every level, it’s designed to be intuitive for the relevant users' needs. Anthony has certainly found this to be the case for senior users and the wider team.

Anthony Sochan

Co-Founder, Think & Grow

“The great thing about the Airwallex platform is it's easy to use. It's mobile first, and super simple.”

We don’t want users wasting their time with manual operations or time-consuming data entry. When there’s so many more important things to get on with, ticking things off the finance to-do list fast is critical.

“It's generally just one or two clicks and you're done,” says Anthony. 

Thinking smart, and growing fast

When you’re an Aussie business with big ambitions, it pays to have a financial partner that you can trust. As Think & Grow has scaled over the years, this sense of security has been paramount to our successful partnership.

Anthony Sochan

Co-Founder, Think & Grow

“As a small business, trust and security is absolutely critical to operating a business. We trust Airwallex.”

By addressing the inefficiencies in their international banking processes, Think & Grow hasn't only streamlined their financial operations but also empowered their team and accounting partners to focus on what truly matters – driving the company's global success. 

“Airwallex allows us to work at the speed that we need to, and that's why they will be our partner moving forward as we continue to grow across the world,” says Anthony.

Disclaimer: The information contained herein is factual information only and is not intended to imply any recommendation or opinion about a financial product.