Airwallex introduces a support program for startups

Airwallex has launched its ‘Airwallex for Startups’ program in Singapore, designed to support the city-state’s rich startup ecosystem of over 55,000 ventures. Following successful rollouts in Hong Kong and Australia, this initiative offers extensive support to startups, including financial incentives, networking opportunities and mentorship from industry leaders.

Program Benefits:

Financial Incentives:

Six months of waived expense management fees.
Three percent cashback on Airwallex Borderless Cards.
Up to S$20,000 in fee-free payment processing.
Up to S$250,000 in Google Cloud credits.
Three months of free Xero subscription.
Discounts on HubSpot subscriptions: 30% off the first year and 15% off the second year.

Networking and Educational Opportunities:

Access to networking events with founders and industry leaders.
Workshops covering topics such as artificial intelligence (AI) and customer relationship management.

SG$10,000 Level-up Business Grant:

Local startups can apply for this grant to accelerate their growth.
Applications are open until 31 August 2024, with the winner announced at an event preceding the Singapore Grand Prix.

This program aims to empower Singapore’s entrepreneurs by providing them the resources to grow, take risks and expand their businesses globally. Airwallex’s initiative underscores Singapore’s conducive environment for startups and reinforces the city-state’s position as a leading hub for innovation and business development.

Founded in Melbourne and headquartered in Singapore, Airwallex is a global financial platform offering solutions for payments, treasury, spend management and embedded finance. Trusted by over 100,000 businesses worldwide, including brands like Brex, Rippling, Navan, Qantas and SHEIN, Airwallex aims to simplify global financial operations and enable businesses to seize new opportunities.