Airwallex launches program to support Kiwi startups

SME Banking
19/11/2024 News

Airwallex, the Australian-founded financial platform for modern businesses, has launched 'Airwallex for Startups' in New Zealand. The initiative aims to empower Kiwi startups with resources to accelerate growth, offering practical tools, networking opportunities, and exclusive product offers from Airwallex and ecosystem partners. Participants also have a chance to win an NZD $10,000 Business Acceleration Grant to fuel their journey. The program, open to registered businesses with 2-100 employees, provides tools and strategies to optimize financial management right from the start.

Digital Reinvention
29/10/2024 Article

Financial Innovation Spotlight: October 2024 edition

Exclusive benefits for new members

Startups joining the program will benefit from key incentives during their first six months. These include NZD $50,000 in free FX for capital raises, with zero fees and a 0% margin on FX conversions. Additionally, members can earn 1% cashback on international transactions made using Airwallex cards. Founders will also gain access to exclusive perks and guidance from partners, covering areas such as employee share plans, insurance, accounting software, and compliance tools.

Building community connections

Taylor Fox-Smith, Head of Airwallex for Startups at Airwallex ANZ, highlighted the mission behind the program: “As an Aussie-born, global fintech, we recognize our role in supporting Kiwi startups as they navigate their entrepreneurial journey. Our work with innovative companies like Auror and Tracksuit, and collaborations with enablers like Creative HQ, reflect our commitment to deep community ties.”

Fox-Smith stressed that mastering financial foundations is key to business success. “We aim to connect founders with established leaders to provide guidance, building a thriving community that supports every stage of growth.”

Initially launched in Hong Kong in September 2023, Airwallex for Startups has since expanded to Australia, New Zealand, and Singapore, with over 2,000 startups participating globally. Airwallex continues to enhance its offerings in New Zealand, introducing physical cards and payment acceptance alongside existing FX, global accounts, and virtual card services.

Create your free personal account to access more content

Related news & insights

ESG
05/12/2024 Article

Purpose-driven banking programs sharpen focus on rising social concerns

SMEs emerge as key mechanisms for social upliftment and financial inclusion.

SME Banking
05/12/2024 Video

Intesa Sanpaolo’s merchant services and payment processing for SMEs

Ylenia Amico, Digital Retail Senior Marketing Specialist at Intesa Sanpaolo, discusses the bank’s payment solutions for SMEs.

Insurance
05/12/2024 News

Chubb’s 2024 Wealth Report: Climate, cyber, and collectibles top affluent households’ concerns

The survey, which focuses on individuals with assets exceeding $5 million, reveals that climate change, cybersecurity, and protection of high-value...

Digital Reinvention
04/12/2024 Article

APAC’s solutions to Europe’s biggest challenges in banking

We've gathered some of the most pressing questions from our European member banks and asked Joe Jelinek, Research Director at...

SME Banking
04/12/2024 News

DBS, EnterpriseSG, and IMDA launch Spark GenAI to empower Singapore SMEs

The Spark GenAI programme, aimed at helping Singapore’s small and medium-sized enterprises (SMEs) leverage generative artificial intelligence (GenAI) for growth...

SME Banking
03/12/2024 Study

From insights to impact: The future of distribution channels in SME banking

In the following pages, you will find insights garnered through our conversations with SME banking executives who have shared their...

SME Banking
03/12/2024 Video

Transforming payments: Banco Santander's fintech ecosystem in action

Álvaro Bujalance Rodríguez, Digital Business & Transformation Lead at Banco Santander, introduces the Spanish bank's payment ecosystem, which integrates fintech...

SME Banking
03/12/2024 News

Crédit Agricole's Worklife introduces integrated card for employee benefits

Worklife, a subsidiary of Crédit Agricole, has introduced an innovative solution that consolidates all employee benefits in France onto a...