Airwallex

Fintech

Tencent-backed Airwallex seeks funding at US$6 bil value

The company is seeking to close the funding around year-end, according to Bloomberg's sources.

Cryptocurrency

More than 90% of stablecoin transactions aren’t from real users, study finds

Less than 10% of stablecoin transactions are “organic", but payments companies continue to expand into stablecoins.

Digital Economy

TikTok Shop emerges as most popular platform for international online shopping among Singaporeans: Airwallex survey

TikTok is the most popular social media platform used by 25% of Singaporeans, followed by Instagram at 23% and Facebook at 22%.
Fintech firm Airwallex boasts 1,213% y-o-y revenue growth for Singapore in 1H2023, names city as global headquarters - THE EDGE SINGAPORE

Fintech

Fintech firm Airwallex boasts 1,213% y-o-y revenue growth for Singapore in 1H2023, names city as global headquarters

The fintech says Singapore is its fastest growing market to date, and a gateway to the region which it has plans to expand into.
More value in pivoting from consumer to business payments - THE EDGE SINGAPORE

Disruption and Digitalisation

More value in pivoting from consumer to business payments

Payment fintechs like Wise and Revolut are trying to get a slice of the SME pie, how are they stacking up against competitors?
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