Fintech platform Airwallex announced plans to provide further support for Hong Kong‘s SME and startup community, following the successful launch of its Hong Kong Small and Medium Enterprises (SMEs) initiative earlier this year.
Airwallex said it will commit an additional HK$2.25 million to the initiative, raising its total commitment to HK$4.5 million this year.
Airwallex first rolled out its SME initiative in April, and saw more than 450 of its SME customers benefit from the initiative. As one of today’s fastest growing financial technology companies, Airwallex offers a wide-range of products and offerings in Hong Kong, including its Airwallex Borderless Cards, online card payments solution and expense management platform.
“The last few years have tested the resilience, determination, and endurance of businesses in Hong Kong,” said Arnold Chan, General Manager, Hong Kong and Southeast Asia at Airwallex. “We are encouraged to see some SMEs on their path to recovery, but recognise many more still face challenges ahead. This additional rollout of initiatives aims to provide relief in areas where so many SMEs continue to struggle. We hope the additional support we provide will help make a difference for Hong Kong’s SME and startup community.”
The newly launched relief measures are available starting today and include:
With one of the world’s most powerful payments and banking infrastructure, Airwallex’s technology empowers businesses of all sizes to accept payments, move money globally, and simplify their financial operations, all in one single platform. Established in 2015 in Melbourne, the fintech firm’s purpose is to connect entrepreneurs, business builders, makers and creators with opportunities in every corner of the world.
Today, Airwallex has a global footprint across Asia-Pacific, Europe, and North America.