Airwallex doubles Singapore revenue in 2024

The payments platform grew its headcount by 58% during the year.

Payment platform Airwallex has more than doubled its revenue in Singapore for FY2024, according to its latest financial report.

It reported a 153% revenue growth for the year on the back of robust transaction volumes and a strong fourth quarter.

Revenue in the last three months of 2024 tripled with a 215% increase, whilst transaction volumes rose 192%.

Airwallex also grew its Singapore headcount by 58% and now has over 250 employees in the city.