The Asian Banker Thursday, 18 July 2024

Airwallex for startups debuts in Singapore to drive local success

5 min read

Airwallex has launched its ‘Airwallex for startups’ programme in Singapore to further empower the city-state's community of over 55,000 startups.

The programme aims to empower startups to grow and scale their businesses, offering them tips and tools to manage their finances more effectively from the start of their journey and enable them to better connect with the ecosystem.

As Airwallex continues to support businesses globally in their expansion, they are now launching this programme in Singapore. Singapore is the third market where Airwallex has launched this exciting initiative, which began in Hong Kong and Australia.

At the Airwallex for startups' Singapore launch event, Arnold Chan, general manager of Asia, Airwallex, said: "Startups are the backbone of innovation and progress around the world, and this programme is designed to help Singapore's entrepreneurs achieve their ambitions, take risks on their ideas, expand their reach and continue to build their businesses beyond borders.”

Joining the programme gives Singapore-based startups access to the following:

● Six months of waived expense management fees for Airwallex and 3% cashback for Airwallex borderless cards

● Up to SGD 20,000 ($14,806) of fee-free payments processed by Airwallex

● Up to SGD 250,000 ($185,075) worth of Google Cloud credits

● Up to three months worth of Xero subscription

● 30% off the first year, 15% off the second year of HubSpot subscription

In addition to the exclusive product offers above, Singapore-based startups will gain access to networking activities with founders and industry leaders, attend workshops that will address topics ranging from artificial intelligence to customer relationship management.

As part of the launch of Airwallex for startups in Singapore, local startups can apply for a SGD10,000 ($7,403) level-up business grant to unlock their next level of growth.

Re-disseminated by The Asian Banker

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