Airwallex, a cross-border payments firm co-headquartered in Singapore and San Francisco, plans to invest more than S$2 billion (US$1.56 billion) in Singapore over the next five years and grow its local workforce from more than 750 to more than 1,000.

Its expanded offices at Guoco Tower will span more than 80,000 square feet across four floors by early 2027.

The company said its Singapore revenue rose 90% year on year in H1 2026.

Total transaction volume in Singapore also increased 90%.

The expansion follows its US$320 million series H round at an US$11 billion valuation.

Airwallex (Singapore) Pte Ltd is listed in the Monetary Authority of Singapore’s financial institutions directory.

Airwallex previously announced regulatory approval in Singapore to support Association of Southeast Asian Nations expansion.

Separately, MAS is developing cross-border payment linkages with other markets to enable faster, cheaper, and more transparent payments.

🔗 Source: Airwallex

Recent Airwallex developments