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AI fuels fintech hiring spree in Singapore

AI fuels fintech hiring spree in Singapore

Despite fears that AI will replace jobs, fintech firms in Singapore are hiring aggressively because of AI. Airwallex plans to grow its Singapore headcount by over 70% to nearly 800 by end-2026, focusing on product, engineering, and design roles. Revolut's headcount nearly doubled in 2025 and targets over 300 employees in three years. YouTrip is expanding by at least 10%. These companies emphasize that AI increases demand for talent, shifting focus to skills like critical thinking and domain expertise. Key signal: Airwallex plans to grow Singapore headcount by over 70% to nearly 800 by end-2026; Revolut's headcount grew 95% in 2025. For hiring leaders, this matters because for CHROs and TA leaders, this signals a counterintuitive trend: AI is not just automating jobs but creating new ones, especially in fintech hubs. The emphasis on AI-augmented roles and the need for talent who can leverage AI as a force multiplier will reshape hiring criteria. Companies that adapt their talent strategies to prioritize AI fluency and domain expertise will gain a competitive edge. This also highlights the importance of upskilling existing workforces to meet evolving demands. Teksands view: This is a wake-up call for Indian tech hiring. AI is not shrinking headcounts in forward-thinking fintechs; it's expanding them. The key is hiring people who can use AI as a force multiplier, not just coders. Indian GCCs and IT services firms should rethink their skill matrices to include AI fluency and domain expertise. The future belongs to those who can blend technology with business acumen.

Key fact

Airwallex plans to grow Singapore headcount by over 70% to nearly 800 by end-2026; Revolut's headcount grew 95% in 2025.

Why it matters

For CHROs and TA leaders, this signals a counterintuitive trend: AI is not just automating jobs but creating new ones, especially in fintech hubs. The emphasis on AI-augmented roles and the need for talent who can leverage AI as a force multiplier will reshape hiring criteria. Companies that adapt their talent strategies to prioritize AI fluency and domain expertise will gain a competitive edge. This also highlights the importance of upskilling existing workforces to meet evolving demands.

The Teksands point of view

This is a wake-up call for Indian tech hiring. AI is not shrinking headcounts in forward-thinking fintechs; it's expanding them. The key is hiring people who can use AI as a force multiplier, not just coders. Indian GCCs and IT services firms should rethink their skill matrices to include AI fluency and domain expertise. The future belongs to those who can blend technology with business acumen.

Read the original source at The Business Times →

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