Global Payments Company Air War Rex Introduced “Airwallex for Startups” Program In Singapore, we aim to strengthen the local startup ecosystem.
Following success in Hong Kong and Australia, Singapore’s Airwallex for Startups program aims to help over 55,000 startups grow and scale.
The program provides startups with critical tools to effectively manage their finances from the get-go and fosters connections within the business ecosystem.
Participants in the program can enjoy benefits such as a six-month waiver on expense management fees, 3% cashback on Airwallex Borderless cards, fee-free payments up to S$20,000, Google Cloud credits worth up to S$250,000, up to three months of Xero subscriptions, and discounts on HubSpot subscriptions.
Additionally, startups will have the opportunity to network with industry leaders and participate in workshops on various topics such as artificial intelligence and customer relationship management.
As part of the launch, startups can apply for a S$10,000 Level Up Business Grant designed to accelerate their growth.
Winners of the grant will be selected through a skill game where applicants must fill out an application form and answer the question, “How will the S$10,000 grant help take your business to the next level?” in 100 words or less.
Entries will be judged by Airwallex based on the creativity of the response.
Applications for Singapore’s Airwallex for Startups program will be open until 31 August 2024, with the winners announced at a partnership event prior to the Singapore Grand Prix later this year.
Arnold Chan
Arnold Chan, General Manager Asia at AirWallex, said:
“Startups are the backbone of innovation and progress around the world, and this programme is designed to help Singaporean entrepreneurs realise their ambitions, take risks on their ideas, scale their impact and continue to build their businesses across borders.”
