Airwallex plans to invest over S$2 billion in Singapore over five years
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On November 12, 2026, Fintech News Singapore reported that Airwallex plans to invest over S$2 billion in Singapore over the next five years and increase its local workforce from more than 750 to over 1,000 employees. The company said the investment will be used to develop its product, engineering, and artificial intelligence capabilities, as well as support regional and global operations. The report also stated that Airwallex Singapore’s team saw both revenue and total transaction volume grow 90% year-on-year in the first half of the year. The disclosure currently remains a five-year investment and expansion plan; the report did not provide specific investment progress or a year-by-year schedule.
AI-written from reports · updated 1 hour ago
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- Fintech News SingaporeAirwallex to invest more than S$2 billion in Singapore and expand local workforce to over 1,000
Airwallex plans to invest more than S$2 billion in Singapore over the next five years, and increase its local workforce from more than 750 to over 1,000. The investment will be used to develop product, engineering and AI capabilities, and support regional and global operations; revenue and total transaction volume for the Singapore team both grew 90% year on year in the first half of the year.
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