Airwallex commits SGD 2B to expand Singapore operations
The fintech firm plans to inject about $1.5 billion over five years and increase its regional headcount to over 1,000.
Image: Airwallex
Cross-border payments firm Airwallex has pledged to invest more than SGD 2 billion (about $1.5 billion) in Singapore across the next five years [1].
The company operates dual global co-headquarters in Singapore and San Francisco [1]. Under the planned expansion, Airwallex expects to enlarge its local workforce from more than 750 staff members to over 1,000 [1]. The commitment follows a period of rapid regional growth, with the company reporting a 90% year-on-year increase in both Singapore revenue and transaction volume in the first half of 2026 [1].
Airwallex provides businesses with integrated financial infrastructure designed to handle cross-border payments and treasury operations [1]. According to Lionel Tan, head of SME and growth at Airwallex, regional small and medium-sized enterprises increasingly seek consolidated software platforms to oversee their everyday financial workflows [1].
Questions and answers
How much does Airwallex plan to invest in Singapore?
Airwallex committed to investing more than SGD 2 billion (approximately USD 1.5 billion) over a five-year timeframe.
How will the investment affect Airwallex's team in Singapore?
Airwallex plans to expand its Singapore headcount from more than 750 employees to over 1,000.
Companies & investors in this story
Sources
- 1.Airwallex’s US$1.5B Singapore pledge dwarfs the island’s entire fintech funding haul — e27, Nov 12, 2026
- 2.Fintech firm Airwallex to invest S$2 billion in Singapore, create around 250 jobs over five years — CNA, Nov 11, 2026
- 3.Airwallex’s CEO isn’t worried about AI — www.semafor.com, Nov 11, 2026
