Business1 min read

Fintech firm Airwallex to invest S$2 billion in Singapore, create around 250 jobs over five years

By · Published by Everything Blog

In short

Airwallex has unveiled plans to scale up its presence at Guoco Tower, expanding to 80,000 square feet across four floors by early next year. The planned capital deployment will drive product innovation, advanced technology capabilities, and broader market access across the region. The workforce expansion will concentrate primarily on hiring technical talent, specifically in artificial intelligence, engineering, and product development roles. These initiatives capitalize on a 90 percent surge in the firm's first-half 2026 revenue and transaction volume.

Key points

  • Singapore continues to solidify its role as a pivotal hub for global fintech co-headquart…: Singapore continues to solidify its role as a pivotal hub for global fintech co-headquarters alongside major markets like San Francisco.
  • Technical hiring in artificial intelligence and engineering remains central to the firm's…: Technical hiring in artificial intelligence and engineering remains central to the firm's long-term regional development strategy.
  • Rising corporate investments from payments firms demonstrate sustained confidence in Sing…: Rising corporate investments from payments firms demonstrate sustained confidence in Singapore's financial and technological infrastructure.

Sources checked by our analysis pipeline: 1

The company, which operates a financial and payments platform for businesses, also opened its expanded office space in Guoco Tower on Wednesday (Nov 11).

SINGAPORE: Australian-founded fintech company Airwallex on Wednesday (Nov 11) announced its plans to invest more than S$2 billion (US$1.6 billion) in Singapore over the next five years.

The firm also intends to increase its workforce in Singapore to over 1,000 employees in the same time frame, up from around 750 today.

These announcements came as Airwallex officially opened its expanded office, which serves as its global co-headquarters. The company’s other co-headquarters is located in San Francisco.

Founded in Melbourne in 2015, Airwallex operates a financial and payments platform for businesses, offering multi-currency accounts, high-speed international transfers and online payments, among other services.

Airwallex opened its Singapore office on the 20th floor of Guoco Tower in February 2023, before taking additional space on the 33rd floor. It will now add office space on the 35th floor, with another floor scheduled for occupancy early next year.

That will bring its total office footprint in Singapore to 80,000 sq…

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