Airwallex commits S$2bn Singapore investment, plans 250 new jobs

Airwallex, a cross-border payments and financial platform serving businesses, has pledged S$2 billion in investment to Singapore over the next five years, with plans to hire approximately 250 staff members during the period.

The company marked the commitment by inaugurating its expanded office space at Guoco Tower on Wednesday, underscoring its strategic focus on the Asia-Pacific region. The move reflects growing confidence among global fintech firms in Singapore's position as a financial technology hub.

As a provider of digital financial services tailored for businesses, Airwallex joins a growing roster of international payment and fintech companies establishing or expanding operations in the city-state. The investment demonstrates the firm's intent to deepen its regional presence amid rising demand for digital payment solutions across Asia-Pacific markets.

The hiring initiative will add to Singapore's expanding fintech workforce, supporting the Government's broader push to position the island as a centre for financial innovation and technology development in the region.