Growth-minded Singapore SMEs turn to fintech amid cost pressures: Airwallex survey

Quick Summary:

Singapore’s small and medium-sized enterprises (SMEs) are grappling with rising costs but maintaining a strong growth mindset with a significant focus on global expansion, according to the Airwallex Singapore SME Survey 2025.

The identified pain points of managing global cash flow and logistical disruption costs further underscore the value proposition of platforms offering streamlined and cost-effective financial solutions for international trade.

When asked about the biggest rise in business costs, 32 per cent of SMEs pointed towards optimising operations through technology, 34 per cent mentioned finding alternative suppliers, and 22 per cent indicated increasing prices.

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Article Details

Author / Journalist: Sainul

Category: StartupsTechnology

Markets: Singapore

Topics: Fintech Airwalllex SME SMEs News Reports

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 09:36:01 (1 days ago)

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Article Length: 776 words

Reading Time: 5 minutes read

Sentences: 2 lines

Sentence Length: 388 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © e27

News ID: 27861929

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Main Topics: StartupsTechnology

Official Website: e27.co

Update Frequency: 4 posts per day

Year Established: 2006

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News Last Updated: 18 hours ago

Coverage Areas: Singapore

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