Banking & Payments
List of Startup Perks
Airwallex
Airwallex for Startups is designed for venture-backed, globally-minded founders, ready to scale smarter. It brings together Airwallex's cross-border financial infrastructure with hands-on support to help you build strong foundations, impress investors and move faster without wasting capital.
Exclusive Perks : Cashback on card spend, free FX conversions, waived collection fees and 50% off annual fees on up to S$800,000 of usage with Airwallex.
How to Claim
1. Open an Airwallex account via our unique URL referral here: https://partners.airwallex.com/SMUIIE
2. Make a S$1 deposit or transaction to activate your perks and other program benefits : - CFO Expert Panel : Get tactical with a curated panel of seasoned finance leaders. They’ll help you sharpen your financial operations, prep for fundraising, and build the investor-ready foundations your startup needs. Want a preview? RSVP to Airwallex's inaugural Startup CFO Summit on 28 October here.
- AI Sandbox: An exclusive track for AI-focused startups within the Airwallex for Startups program. Collaborate with Airwallex teams to design and test solutions, validate your technology in real-world conditions and fast-track it into a paid proof-of-concept. Enjoy cashback on card spend, free FX conversions, waived collection fees and 50% off annual fees on up to S$800,000 of usage with Airwallex!
Sign up with the link here. If you want to speak to a member of Airwallex, email startups@airwallex.com
Opal Payments
Helping startups save time & costs with a single account for all their business financial needs:
- Cross-border settlements
- Financing / credit solutions
- Multi-currency payment accounts
Licensed by the Monetary Authority Singapore (MAS).
We provide businesses with easier access to smarter and fairer financial solutions through Opal ~ ONE a/c for All payments & loans.
How to Claim
1. Waiver of transaction fees for all cross-border remittances.
2. Fees waived for Opal multi-currency account opening.
3. $50 sign-up bonus into an Opal account for successful financing applications
Contact: Email amy@opalpayment.com or click here to register your interest & find out more.
UOB
UOB has a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. UOB is rated among the world’s top banks – Aa1 by Moody’s and AA- by Standard & Poor’s and Fitch Ratings respectively – and has been awarded the Best SME Bank in Asia-Pacific for the 7th year by The Asian Banker and ‘Best Bank in Singapore 2022’ by Euromoney. Through its integrated regional network, local industry knowledge and sector specialisation, it helps SMEs achieve their growth ambitions seamlessly, and offer innovative solutions to help them seize regional and in-market opportunities, sustainably.
How to Claim
As part of our partnership with UOB, eligible companies affiliated with SMU Institute of Innovation & Entrepreneurship (SMU IIE) can tap on the UOB Partner Bundle1 to receive additional benefits via SMU IIE’s unique code.
Click on the EDM to learn more and access the unique URL code.
Aspire
Aspire is the #1 All-in-one financial operating platform for businesses, with a mission to reinvent finance for a new generation of entrepreneurs and businesses. We serve over 10,000 companies in Southeast Asia, helping them save time and money with multi-currency accounts and cards spend/expense management solutions - all in one account.
- Multi-currency business account to build, run and scale your startup globally from day 1
- Earn unlimited cashback with 1% cashback on eligible spend
- Enjoy easy international payments with transparent fees with no hidden cost, up to 3x cheaper than traditional banks
- Close your books faster with native accounting integrations to sync transactions
Read more with this deck
Newly created accounts will receive:
- Account Opening: S$250 cash bonus with a S$25,000 first transfer to the account
- Card Spend: S$100 cash bonus with S$10,000 card spend within 6 months
- FX Transaction: S$100 cash bonus with cumulative FX transactions S$10,0000 within 6
- months
- Additional Rewards: Access to over S$50,000 of rewards from valued partners (incl $5,000 AWS credits, 40% off Dropbox, and more)
How to Claim
Create an account directly with this link: https://aspire.link/smu
Spenmo
Spenmo is an unified payments platform that helps businesses manage their spending through company cards, automating invoice payments, approval based spending
How to Claim
Receive 3 months to 1 year* free trial on Agile Plan. Book a demo and use SMU25 to get 25% off lifetime subscription thereafter.
*Exclusively for SMU-affiliated Startups
Xfers
Xfers aims to accelerate financial access within Southeast Asia by enabling businesses to accept payments and send money seamlessly by providing API and Payment Link solutions covering a wide range of payment methods.
How to Claim
- $0 Account Setup Fee
- No Minimum Balance in XFERS
- Business Account Waiver for Accept API (till December 2022 or 12 months after onboarding)
- $0.20 /transaction for Send API (till December 2022 or 12 months after onboarding)
Reach out to sales@xfers.com and let us know you’re from SMU BIG.
Liberalize
Liberalize intends fast-forward the technologies used by common businesses and provide massive discounts on software engineering and solutions. So that businesses can always stay afloat on the latest technologies, business models and payment channels.
How to Claim
- Free Sign Up, No Credit Card Required
- No Minimum Balance Required
- Massive Discounts on Common Business Technologies (e.g. e-commerce platform, order management platform)
- Flexible Transaction Fees depending on volume and it will cover your existing/future payment providers, allowing your latest platform to be backwards compatible AND future proof
Contact Us at: support@liberalize.io
Stripe
Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes.
Whether you’re creating a software subscription service, an on-demand marketplace, or an e-commerce store, Stripe’s integrated payments platform helps you build and scale your business online.
How to Claim
- Waived fees on your next $40,000 (SGD) in Stripe card processing
- Access to exclusive Stripe events
- Skip-the-line access to product betas and events
If you’re keen on redeeming our benefits click here. Or, if you want to chat to a member of the team, e-mail: yinachan@stripe.com.
CIMB Bank
CIMB Group is a leading focused ASEAN bank and one of the region’s foremost corporate advisors. It is also a world leader in Islamic finance.
https://www.cimb.com/en/who-we-are/about-us.html
Exclusive to SMU Start-ups - CIMB SME Account
• $0 Monthly Maintenance Fees FOREVER
• No Minimum Balance
• Best SGD-MYR Exchange Rate Guaranteed*
• $0 unlimited PayNow, Fast and GIRO transactions
• Free eAlerts
• Digital OnboardingTo claim:
Email us at irvenderjit.singh@cimb.com and inform us that you are a SMU Startup Founder to enjoy the aforementioned offer.