Sources detail how Ramp investors Joe Lonsdale and Keith Rabois pushed US lawmakers to probe rival Airwallex's China ties after Airwallex scrapped a Ramp deal (Michael Roddan/The Information)
### Briefing Sources reveal that Joe Lonsdale and Keith Rabois, investors in Ramp, pressured US lawmakers to investigate rival Airwallex's ties to China after Airwallex withdrew its deal with Ramp. This move was reportedly prompted by Lonsdale and Rabois's concerns about Airwallex's business practices in China. The investigation into Airwallex's dealings with the Chinese government is currently underway.
Key points
### Briefing
Sources reveal that Joe Lonsdale and Keith Rabois, investors in Ramp, press…: ### Briefing
Sources reveal that Joe Lonsdale and Keith Rabois, investors in Ramp, pressured US lawmakers to investigate rival Airwallex's ties to China after Airwallex withdrew its deal with Ramp.
This move was reportedly prompted by Lonsdale and Rabois's concerns about Airwallex's bus…: This move was reportedly prompted by Lonsdale and Rabois's concerns about Airwallex's business practices in China.
The investigation into Airwallex's dealings with the Chinese government is currently unde…: The investigation into Airwallex's dealings with the Chinese government is currently underway.
Sources checked by our analysis pipeline: 1
Elizabeth Chamberlain / iFixit News: |
Mark Gurman / Bloomberg: |
Torsten Slok / Apollo Global Management: |
Elon Musk / @elonmusk: |
Maria Curi / Axios: |
Ann Davis Vaughan / The Information: |
Terrence O'Brien / The Verge: |
Michael Roddan / The Information: |
Tom Matsuda / Financial Times: |
Hartley Charlton / MacRumors: |
The Information: |
Bloomberg: |
Augusta Saraiva / Bloomberg: |
Ryan Lawler / Axios: |
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