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Airwallex unveils philanthropy program with $56m commitment

Airwallex, a fintech company established in Melbourne, Australia, has introduced a program to support future innovators, entrepreneurs, and startups.

The program named Airwallex Impact includes a 1% equity commitment valued at over US$56 million.

Airwallex has joined the Pledge 1% movement, aligning with tech companies like Atlassian, Canva, and Airbnb.

It plans to donate 1% of its employee time, profits, and products to the innovation community. The program includes mentoring, training, and startup incubators.

Recent Airwallex developments

Timeline
25-Apr-2024 💳 Airwallex expands payment services to the US
  • Airwallex launches payment services in the US
  • Supports global and local payment options for businesses
09-Nov-2023 💹 Airwallex’s Singapore revenue grows 13x in H1 2023
  • Singapore revenue grew 13x in H1 2023
  • Total transactions increased 11x in the same period
31-Jul-2023 💰 Airwallex pumps $165m into Singapore entity
  • Airwallex Singapore secures US$165M funding
  • Revenue at S$7.2M, losses rise to S$5.9M in 2022
09-May-2023 🌍 Airwallex launches in Israel, names former Google exec as head
  • Airwallex launches in Israel, eyes Mideast growth.
  • Former Google exec Or Liban leads regional expansion.
07-Mar-2023 💳 Airwallex secures payments license in China
  • Airwallex secures payment license in China
  • Acquired Guangzhou Shang Wu Tong for local access

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