Airwallex Expands Global Startup Support Program to Singapore

Airwallex has launched its ‘Airwallex for Startups’ program in Singapore. The initiative will support the city’s thriving startup ecosystem, which comprises over 55,000 startups. Following successful implementations in Hong Kong and Australia, Singapore marks the third market for this exciting venture.

The ‘Airwallex for Startups program is designed to help startups grow and scale their businesses by providing them with essential tools and tips for effective financial management from the beginning of their journey. Additionally, the program will help build stronger connections within the startup ecosystem, enhancing collaborative opportunities and support networks.

The program includes various offerings, such as networking activities, mentorship opportunities with industry leaders, and exclusive product offers. By launching this initiative in Singapore, Airwallex continues its mission to support businesses globally in their expansion efforts, empowering startups to achieve sustainable growth and success.

At the Airwallex for Startups’ Singapore launch event, Arnold Chan, General Manager of Asia at Airwallex, shared his views on Singapore’s startup ecosystem. “Startups are the backbone of innovation and progress around the world, and this program 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,” he said

Joining the program offers Singapore-based startups a range of valuable benefits. These include six months of waived expense management fees for Airwallex and 3% cashback on Airwallex Borderless Cards. 

Additionally, startups can process up to S$20,000 in fee-free payments, receive up to S$250,000 worth of Google Cloud credits, enjoy up to three months of Xero subscription, and get significant discounts on HubSpot subscriptions—30% off the first year and 15% off the second year.

Moreover, startups in the program can apply for Airwallex’s 10,000 Level-up Business Grant to accelerate their growth. These offerings are designed to empower Singaporean startups with the financial tools and resources needed to scale their businesses effectively and compete on a global stage.

In addition to the exclusive product offers, Singapore-based startups participating in the Airwallex for Startups program will gain access to valuable networking activities with founders and industry leaders. The program also includes workshops covering various topics, from artificial intelligence to customer relationship management, providing essential insights to help startups grow.

Applications for the grant are currently open and will close at 11:59 PM on 31 August 2024. The winner will be announced at a partnership event later in the year, leading up to the Singapore Grand Prix.

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