Delivering triple-digit revenue growth in Singapore for a second consecutive year, Airwallex is leading the way in the FinTech sector, helping shape a borderless banking future.
LEADING THE FINTECH INDUSTRY
As a leading global financial platform for modern businesses, Airwallex – founded in Melbourne, Australia, in 2015 – is constructing the future of international banking for a borderless, real-time, intelligent economy.
Relied upon by over 200,000 companies worldwide, the company is relied upon to manage global banking and financial operations, and to build and monetise financial products, serving everyone from startups to public enterprises.
Airwallex hold 80 licenses across North America, Europe, the Middle East, and Asia-Pacific (APAC), cementing the company as one of the most comprehensive financial infrastructures in the world. The expansive footprint enables Airwallex products to operate at a global scale, including payment acceptance, billing, global accounts, corporate cards, and spend management.
This international backbone can be directly observed through the company’s recent announcement of having delivered triple-digit revenue growth in Singapore for a second consecutive year, with the latest report revealing shifting small and medium-sized businesses (SMEs) priorities in 2026 amid rising cost pressures.
“2024 was our launchpad, and 2025 solidified our lead in Singapore. In 2026, we will look to seal our leadership position across the region, building upon our momentum in Singapore,” explains Arnold Chan, General Manager, APAC, Airwallex.
DELIVERING A STANDOUT FINANCIAL YEAR
Having reported a 107 percent revenue growth in Singapore for financial year (FY) 2025, Airwallex has extended its growth streak with a strong annual performance, with transaction volume rising 93 percent over the same period.
“Singapore is the engine room for our APAC expansion, and our performance here reflects a deliberate strategy of combining deep local trust with a relentless focus on execution. By staying agile to our customers’ needs and deepening our strategic partnerships, we are ready to deliver yet another standout year by driving growth for both Airwallex and the businesses that rely on our financial infrastructure to achieve their global ambitions,” details Chan.
The company established its strong local footprint in 2025, embracing customers such as Minor Hotels, HipVan, Lovet, J&Co Jewellery, and Motherswork, whilst continuing to fuel growth for brands including GlobalTix, Endowus, and Love, Bonito in order to better manage their global financial operations.
In addition to its impressive commercial expansion, Airwallex’s Singapore team size grew by 62 percent in 2025, with hires across its corporate and commercial teams, as well as product, engineering, and design (PED) functions.
Spearheading the company’s growth across the APAC region, including new market entries into Indonesia, Vietnam, and South Korea, Airwallex Singapore plans to expand its headcount by more than 70 percent by the end of 2026.
SPEED, EFFICIENCY, AND CONNECTIVITY
The latest SME study reveals that rising cost pressures and a shift towards more cautious investments in 2026 are emerging. Equally, FinTech adoption is surging as SMEs are prioritising faster transactions and expansion closer to home in Southeast Asia.
SMEs with regional and global ambitions for growth have acted as a key driver of Airwallex’s growth in Singapore.
The company surveyed 250 local business decision-makers, expanding on a 2025 report to gain deeper insight into the challenges and opportunities faced by this crucial business segment. The results showed trends around financial pressures, talent constraints, cross-border expansion, and an increase in digital financial tools.
“These findings confirm a fundamental shift. SMEs are adapting strategically – trading broad market ambition for strategic discipline. Whilst cost pressures are intensifying, businesses are not retreating – they are recalibrating. They continue to invest, but selectively. SMEs are also accelerating digital adoption and focusing on regional markets where they see a stronger path to winning growth. Speed, efficiency, and regional connectivity are becoming decisive advantages for them,” expands Chan.
This article was produced by the editorial team at APAC Outlook and published as part of the Outlook Publishing global network of B2B industry magazines.
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