Airwallex, the Australia-founded main monetary platform for contemporary companies, as we speak introduced the launch of Airwallex for Startups, Australia’s most complete program for native startups looking for to speed up their development.
The initiative – which incorporates sensible assets, networking and content material alternatives, unique product gives from Airwallex and others inside the startup ecosystem, and the chance to win an AUD $10,000 Enterprise Acceleration Grant – has been created to empower the subsequent era of Australian entrepreneurs to scale quicker and extra effectively.
Free and open to registered companies with 2-100 workers, Airwallex for Startups will assist companies with suggestions and instruments to handle their cash extra successfully from the start of their work trip.
Becoming a member of this system provides startups entry to the next for his or her first six months[1]:
- AUD $50k price of funds acceptance charge waiver to onboard your first clients;
- AUD $50k free FX to your subsequent capital increase – that’s $0 charges and 0% margin in your first $50k in FX conversions, and;
- Free worker playing cards to your co-founders.
As well as, founders may have entry to steerage and unique perks from quite a lot of ecosystem companions on all issues from ESOP (Worker Share Possibility Plans) and insurance coverage, to AI workforce instruments and Board assist.
Startups can discover out extra about this system and get entangled right here.
“As a homegrown startup turned international fintech, we’ve got an vital function to play in supporting Australian startups as they navigate the alternatives and challenges of rising a enterprise,” mentioned Airwallex VP SME & Development, Matthew Sek.
“Airwallex for Startups has been designed to unlock development alternatives for tomorrow’s unicorns. Whether or not it’s connecting them with mentors, VCs or companions, giving them a $50k cost acceptance charge waiver to onboard their first clients, or sharing templates and instruments to simplify their finance operate, that is the go-to program for bold startups.
“Mastering your monetary foundations is crucial to any enterprise’ success. We’ll carry collectively the specialists – together with established founders and finance leaders – to share sensible steerage so you are able to do precisely that.
“It’s only one extra method Airwallex helps companies speed up their development domestically and past borders,” Sek ended.
At the moment, Australia ranks among the many high international locations for entrepreneurship worldwide, with greater than 406,000 new companies getting into the Australian market in 2023.
As well as Australia’s producing 1.7 Unicorns per US$1 billion of VC investments, which is:
- 2x greater than the UK, Singapore, and India
- 60% greater than the US; and
- solely second behind the Norwegians.
In line with the annual State of Australian Startup Funding Report, $3.5 billion was invested in Australian startups throughout 413 offers over the course of the monetary yr, with 42% of these together with at the least one worldwide investor.
