,Singapore

Fintech platform Airwallex officially launches in Singapore

Customers of the fintech platform will receive funds locally in SGD.

Fintech platform Airwallex has officially launched in Singapore following its beta launch in November 2021.

The fintech was granted a Major Payment Institution license by the Monetary Authority of Singapore last year.

Airwallex’s suite of payments services include a global account issuance, domestic and cross-border money transfer at market-leading rates, multi-currency wallets, and online payments acceptance, it said in a press release.

Customers of the fintech platform–which was founded in 2015–will also be able to receive funds locally in SGD.

Airwallex will progressively roll out other offerings such as multi-currency company and employee cards; spend management; and an API suite for technology-first businesses that require embedded payments. 

Airwallex operates across Asia-Pacific, Europe and North America with over 1,000 employees in 19 locations globally, including Singapore. The Singapore team is expected to quadruple by the end of 2022.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

UOB had the most growth.
This makes Singapore the top leading maritime city in the world, according to DNV.
The growth of e-commerce will also give the e-payments market a boost.
The roster includes L’Oreal Group and Samsung, amongst others.
This is according to the 2022 Leading Maritime Cities report.
Covered are those that are set to expire between March 2022 and February 2023. 
The Parliament approved the changes on 12 January.
UOB is paying for the net asset value plus a premium of US$690m.
80% of Singapore’s 60.7m sq. ft. of office space has been certified green.
Amongst the reasons behind this is period shaming.
Mapletree Logistics Trust had the most growth.
Customers of the fintech platform will receive funds locally in SGD.
PPS Club and KrisFlyer Elite members' statuses are extended for another year.
This was according to a study conducted by professors from NTU and SMU.