Airwallex’s initiative boosts Hong Kong Startups

In order to support Hong Kong entrepreneurs’ efforts to expand internationally, Airwallex, a global payments and banking platform for enterprises, has launched an initiative called “Airwallex for Startups.”

Together with local business partners, the campaign strengthens Airwallex’s commitment to Hong Kong’s economic development and the aspirations of early-stage companies for global expansion.

As a part of the project, Airwallex will provide answers to common problems faced by Hong Kong startups. Startups have access to deals that increase cost and operational efficiency through partnerships with Bowtie, The Executive Centre, and Xero, allowing them to concentrate on growth.

Airwallex’s Arnold Chan, general manager of Asia, thanked local partners and organizations including Cyberport and Hong Kong Science & Technology Parks (HKSTP) for their assistance in helping Hong Kong startups realize their full potential and grow their companies.

Going global might first appear difficult and unattainable, but there is a significant return on investment because to different revenue streams, access to a larger consumer base, and improved business resilience, according to Chan.

Customers of Airwallex will soon have access to additional activities like webinars with Cyberport and networking opportunities within the HKSTP community.

This program continues Airwallex’s earlier SME Initiative and Go Global initiatives, which provided a variety of solutions to aid the growth and expansion of close to 1,000 Hong Kong SMEs.

Although launching a business is an exciting endeavor, Chan noted that startups and SMEs sometimes have little funding. “We want to make things that much easier, and eventually, provide counsel and offers that will help them thrive, and better streamline operations,” the statement reads. “From the issues of time management, lack of marketing and sales campaigns, to controlling budgets.