Revolut vs Airwallex: Choose Airwallex as a partner built for business, not just banking
Airwallex provides a powerful, unified financial platform with deeper global receiving capabilities, broader payment acceptance, and enterprise-ready tools beyond what Revolut was built to do. Find out why Singapore businesses are choosing Airwallex as their partner for seamless global finance and growth.
3 reasons why businesses choose Airwallex over Revolut
Save more, pay local, scale global
Revolut's local coverage from Singapore is limited. Beyond a small set of major currencies, most cross-border payments still rely on SWIFT, bringing higher fees and slower settlement. Airwallex Global Accounts give you local bank details to receive funds in more currencies, while Airwallex Transfers lets you send payouts to 120+ countries over local rails instead of SWIFT. This allows you to collect and pay like a local, thus saving on costly international transfers.
Accept payments from around the world
Enjoy fast, flexible settlement in multiple currencies and improve conversions with 160+ preferred local payment methods. Revolut provides a less extensive set of payment methods, primarily supporting only major credit/debit cards, digital wallets, and Revolut Pay.
No fragmented tools with an all-in-one financial platform
Revolut does not offer Payments in many regions and its spend management solutions are relatively new, which means that you are likely going to need multiple providers. Airwallex handles everything from collections, corporate cards, and expense management to global payouts across multiple regions.
An end-to-end platform engineered for global scale
Airwallex is built for ambitious businesses ready to scale. Unlike traditional banking and fragmented solutions, everything operates on one end-to-end platform, taking the complexity out of global finance.
Hold, send, and receive payments like a local, without forced conversions. Enjoy fast international transfers and market-leading FX rates. Serve customers and pay suppliers across a much wider global payout coverage.
Join Singapore businesses like Love, Bonito, EU Holidays, and Igloohome already using Airwallex as an important growth engine.
Compare Revolut and Airwallex features
Revolut can work for basic spend and multi-currency holding. But for Singapore businesses that want to grow internationally, cut costs, shorten payment cycles, automate workflows, and accept payments globally – Airwallex delivers a broader, deeper, and more future-ready platform.
Ready to scale beyond borders? Choose Airwallex, the all-in-one financial platform built for business growth.
Save on transaction fees with Airwallex
Airwallex offers lower transaction fees.
What local businesses are saying about Airwallex
“When we set our sights beyond Singapore, we knew expansion wouldn’t be easy. Navigating new markets and managing finances across different countries was overwhelming. But I quickly realised that growth is about having the right people and the right tools to support you at every step – and that's how Airwallex came to the rescue.”
Rachel Lim
Co-founder, Love, Bonito
“Airwallex’s global network made sending and receiving international payments easy. We avoid cross-border fees by paying overseas suppliers in their local currency. Sometimes, transfers are even done within the day.”
Alan Ang
Director and Co-founder, EU Holidays
“We’ve used Airwallex as our financial platform for more than 2 years, and every transaction we have made has always been successful. Like Igloohome, Airwallex is solving real problems and we're glad we found a financial partner in them."
Anthony Chow
CEO and Founder of Igloohome
“When we spend S$100, our balance reflects S$99 — thanks to the cashback from the Airwallex Corporate Card. This records our expenses as a positive gain, helping us stretch our budget further. In just two years, we've saved over S$30,000 with Airwallex.”
Dominic Ong
CFO, Endowus
“Airwallex is a great partner to help you get to new markets. Their platform makes global payments so much easier. And if you ever need help getting started, Airwallex’s support team is amazing and really understands what an eCommerce brand needs.”
Jenny Kwang
Founder of J&Co Jewellery
FAQs about upgrading from Revolut
How much are Revolut’s fees in Singapore?
Revolut’s transfer fees vary depending on the plan. Airwallex removes the complexity and bypasses the SWIFT network, offering transparent and lower fees for businesses dealing with multiple currencies and regions.
What alternative solutions to Revolut are there?
There are several alternatives to Revolut, including Stripe, Wise, and Paypal. However, Airwallex stands out as the all-in-one financial platform for businesses, with wider global coverage, multi-currency support, competitive pricing, like-for-like settlement. It also offers a comprehensive suite of solutions including payment acceptance, FX and transfers, and spend management tools.
Who can open an Airwallex Business Account in Singapore?
To be eligible for a business account, your company must meet these requirements:
Your company must be an officially registered and active business. This means it must be fully incorporated and in good standing.
Your company must be registered in an eligible country.
Your company doesn't operate in unsupported industries.
Your company cannot be on a sanctions list, be a shell bank, or be a bearer share entity.
For more information, click here.
How does an Airwallex Business Account help businesses save on transaction fees?
An Airwallex Business Account can be used to avoid unnecessary conversion fees and to save on everyday expenses. Collect payments from your international customers in their preferred currency and pay global suppliers and employees, or hold funds in a foreign currency until FX rates are favourable for conversion.
All comparisons and information reflect Airwallex’s own research using public documentation as of 28 August 2025, and have not been independently validated.
This publication does not constitute legal, tax, or professional advice from Airwallex nor substitute seeking such advice, and makes no express or implied representations / warranties / guarantees regarding content accuracy, completeness, or currency. If you would like to request an update, feel free to contact us at [[email protected]].
Yield is not a savings or deposit product. Investments involve risks, including the possible loss of principal amount invested. Past performance is not indicative of future results. You should seek advice from a financial adviser before making any investment decision. In the event that you choose not to seek advice from a financial adviser, you should consider whether the investment is suitable for you. Screenshots of the product are for illustrative purposes only.
Airwallex (Singapore) Pte. Ltd. (201626561Z) is licensed as a Major Payment Institution and regulated by the Monetary Authority of Singapore. Airwallex Capital (Singapore) Pte. Ltd. is a Capital Markets Services License holder regulated by the Monetary Authority of Singapore (License No. CMS101830). The MAS has not reviewed this information.