This press release was issued by Airwallex.
Airwallex, a leading global financial platform, today announced plans to invest over S$2 billion in Singapore and grow its local workforce to over 1,000 employees over the next five years. The announcement reinforces Airwallex’s long-term commitment to Singapore as one of its two global co-headquarters, alongside San Francisco.
"Singapore is central to our global ambitions. Its talent, innovation ecosystem and connectivity make it a natural home for one of our global co-headquarters, and a key base for driving our next phase of growth."
Arnold Chan
General Manager
Asia-Pacific
"We welcome Airwallex’s continued investment in Singapore, which will significantly increase its footprint and anchor more product and AI capabilities here. This will create exciting new job opportunities critical to the development of next-generation financial solutions. Airwallex’s investment also highlights Singapore’s position as a key hub for fintech innovation, and a strategic base for companies expanding across Southeast Asia and the wider APAC regions. We look forward to deepening and expanding our partnership with Airwallex."
Herman Loh
Senior Vice President & Co-Head, Digital Industry Singapore
EDB
The announcement coincides with the official opening of Airwallex's expanded co-headquarters at Guoco Tower, Singapore's tallest building, in the heart of the Tanjong Pagar business district. With the addition of its newest office space on level 35 and another floor scheduled for occupancy in early 2027, Airwallex's total office footprint in Singapore will span over 80,000 square feet across four floors in the building.
The planned investment over the next few years will support Airwallex's continued growth in Singapore, including the expansion of its local workforce, product innovation and technology capabilities, and the strengthening of its global and regional operations. Working closely with the EDB, Airwallex aims to deepen its capabilities in Singapore and strengthen the country's position as a global hub for financial services and technology innovation.
Since establishing its global headquarters in Singapore in 2023, Airwallex has significantly scaled its presence in the country. Today, the company employs over 750 people in Singapore across key functions such as Commercial, Corporate, Product and Engineering.
As it continues to grow, Airwallex will focus on building specialised, high-value capabilities in areas such as product development, engineering and AI, creating opportunities for local talent to contribute to the company's global operations and innovation.
"We're not just expanding our presence in Singapore, we're investing in the talent, technology and capabilities that will power our next phase of global growth and help AI-native, globally oriented businesses thrive."
Arnold Chan
General Manager
Asia-Pacific
Strong business growth underpins continued investment
Airwallex's continued investment in Singapore comes amid strong business growth and increasing demand for its financial solutions from businesses operating across borders.
In H1 2026, Airwallex Singapore recorded 90% year-on-year revenue growth and 90% year-on-year growth in total transaction volume, reflecting increasing adoption of its financial solutions. Airwallex continues to support homegrown Singapore businesses as they expand internationally, including Far East Flora, Stryv, Circles, Moom Health, ZENXIN Organic, and Chronos Agency, among others.
"Singapore SMEs increasingly value integrated financial solutions that bring their financial operations together on one platform. We're also seeing growing interest in innovations such as AI that can help businesses manage their finances more efficiently."
Lionel Tan
Head of SME and Growth
Airwallex
Singapore continues to serve as a strategic hub for Airwallex's expansion across Southeast Asia, supporting its growing presence in markets including Malaysia, Indonesia and Vietnam. The country also plays an important role in Airwallex's global operations, with teams supporting product development, technology innovation and business functions across international markets.
