Top Fintech Companies in Singapore

Being Singapore’s central bank and integrated financial regulator, the Monetary Authority of Singapore (MAS) collaborates with the financial industry to develop Singapore into an effective financial center. Singapore’s financial tech (FinTech) journey began in 2015, with its operations revolving around innovation, inclusion and inspiration aimed at improving the lives of Singaporeans and developing a productive economy. Singapore plays a global role in two areas - foreign exchange and asset management - and aims to cement its role as a leading Asian hub in fund management and residency.

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VOLOPAY179 +65 8535 4016
rajith@volopay.co

Volopay is a financial solution provider that offers corporate cards, automated expense management, and accounting integrations that streamline financial operations, helping businesses save time and money while elevating the role of their finance teams. We are obsessed with empowering finance teams, transforming them from simple bookkeepers into strategic assets within organizations. Aspiring to drive change across the APAC region, we aim to become the go-to financial partner for businesses seeking growth and efficiency.

VENTURE CORPORATION LIMITED1,298 +65 6848 8096
dataprotection@venture.com.sg

Venture (SGX: V03.SI) was formed in 1989 through the merger of three companies to provide contract manufacturing services. Today, Venture has been transformed into a leading global provider of technology services, products and solutions with established capabilities spanning marketing research, design, research and development. Over the years, Venture has built know-how and intellectual property with expertise in several technology domains. These include life science & genomics, molecular diagnostics, medical devices and equipment, healthcare and wellness technology, lifestyle consumer technology, health improvement products, instrumentation, test and measurement technology, networking and communications, fintech, as well as computing, printing and imaging technology. The Group manages a portfolio of more than 5,000 products and solutions and continues to expand into new technology domains through collaborations with its customers and partners. In its pursuit of excellence across d…

TOLARAM670 +65 6387 7777
info@tolaram.com

Tolaram is a Singapore private enterprise focused on building businesses and investing in opportunities that propel growth and elevate communities. More than 70 years of entrepreneurial heritage has given us critical insights to continually innovate and forge enduring partnerships. We transform challenges into opportunities across a diverse portfolio of businesses in consumer products, fintech and infrastructure across Asia, Africa and Europe.

BAKER MCKENZIE WONG & LEOW208 +65 8134 6140
dpo.spain@bakermckenzie.com

Baker McKenzies member firm in Singapore, Baker McKenzie Wong & Leow, is part of one of the worlds leading and most internationally diverse law firms. With broad global coverage and comprehensive local knowledge gained from more than 30 years of operating in Singapore, we offer a unique combination of resources to help effectively manage the challenges and opportunities of doing business in Singapore, the rest of Asia and globally. Our team includes locally admitted and internationally qualified lawyers who mix local know-how with a global outlook, placing us in an excellent position to provide multinational, regional or domestic advice that is strategic and commercial. Baker McKenzie Wong & Leow is a joint law venture between Baker McKenzie International and Wong & Leow LLC, a Singapore law firm. This enables us to advise on both domestic and cross-border issues. Through Wong & Leow LLC, the firm has full rights of audience before the Singapore courts and can therefore also assist w…

IGLOO182 +65 6920 5134
careers@iglooinsure.com

Igloo is a full stack insurtech startup founded in 2016. It leverages big data, real-time risk assessment and end-to-end automated claims management to create innovative B2B2C insurance solutions for platform partners and insurers. Igloos insurance solutions enable companies to eliminate their exposure to operational risk, create new revenue streams and optimise and enhance existing products.

COMPASIA211 +65 6909 9562
instacover@compasia.com

We are the leading device-focused fintech and solutions provider in Asia, including financing, device care, subscription, buyback and trade in, retail and distribution services.

TDCX11,869 +65 6309 1688
tdcxsg.dpo@tdcx.com

TDCX provides transformative digital CX solutions, enabling world-leading and disruptive brands to acquire new customers, build customer loyalty, and protect their online communities. TDCX helps clients achieve their customer experience aspirations by harnessing technology, human intelligence, and its global footprint. It serves clients in fintech, gaming, technology, home sharing and travel, digital advertising and social media, streaming, and e-commerce. TDCXs expertise and strong footprint in Asia has made it a trusted partner for clients, particularly high-growth, new economy companies looking to tap the regions growth potential. TDCXs commitment to delivering positive outcomes for our clients extends to its role as a responsible corporate citizen. Its Corporate Social Responsibility program focuses on positively transforming the lives of its people, its communities, and the environment. TDCX employs more than 15,000 employees across 26 campuses globally, specifically Singa…

SHOPBACK1,048 +65 9023 8418
business@shopback.com

The ShopBack Group is Asia-Pacifics leading shopping, rewards, and payments platform, serving over 40 million shoppers across ten markets. Driven by the vision to become the worlds most rewarding way to shop, ShopBack is dedicated to saving members money and time, while delivering delightful experiences with every purchase. The platform also enables merchants and brands to engage with their members in a cost-effective manner. Founded in 2014, ShopBack now powers over US$3.7 billion in annual sales for over 15,000 online and in-store partners, with over half a million transactions happening via the platform daily. In 2022, ShopBack expanded its offerings into the realm of financial services with the launch of ShopBack Pay and PayLater - providing members with responsible and convenient payment options at checkout, while empowering partners with more ways to engage potential customers.

ENDOWUS141 +65 3138 9167
support@endowus.com

Endowus is a Singapore-based financial technology company that empowers people to take control of their financial future. The firms proprietary systems provide data-driven wealth advice in constructing personalised solutions. Its portfolios are built on access to institutional-quality financial products at the lowest cost possible. Endowus is a fee-only independent advisor paid solely by its clients, allowing its advice to be unaffected by conflicts of interest. The firm provides its end-to-end digital solution to individual and institutional investors. It is licensed by the Monetary Authority of Singapore. www.endowus.com

HYDRA X52 +65 6980 6330
dpo@hydrax.io

Hydra X is a Singapore-headquartered Fintech group that offers regulatory-compliant, enterprise infrastructure for the digital capital markets. We seek to bridge the transition to a tokenised capital markets ecosystem by offering asset-agnostic solutions which allow interoperability between traditional and digital assets. Disclaimer: All posts, comments and/or opinions on Hydra Xs Linkedin page do not constitute advice (legal, financial or otherwise) on any matter discussed and, accordingly, should not be relied upon as such. Hydra X does not accept or assume responsibility, or has any liability, to any person in respect of all posts, comments and/or opinions on Hydra Xs Linkedin page.

XFERS74 +65 6248 0893
sales@xfers.com

Founded in 2015, Xfers aims to accelerate financial access within Southeast Asia by enabling businesses to accept payments and send money. Xfers boasts a range of last-mile financial rails including the Xfers Send, Xfers Accept, Xfers Wallet, and StraitsX. In Singapore, Xfers is a Major Payment Institution licensed by the Monetary Authority of Singapore for e-money issuance. In Indonesia, Xfers connects businesses to a range of payment methods that include bank transfers, e-wallet, and offline channels such as agent banking networks and convenience stores. For more information, visit https://www.xfers.com/.

TOOKITAKI123 +65 8317 3898
marketing@tookitaki.com

Tookitaki, founded in 2015, is revolutionizing financial crime detection and prevention for banks and fintechs through our Anti-Money Laundering Suite (AMLS) and Anti-Financial Crime (AFC) Ecosystem. Our unique community-based approach addresses the silos used by criminals to bypass traditional solutions, resulting in a sustainable AML program with holistic risk coverage, sharper detection, and fewer false alerts. We serve some of the most renowned banks and fintech companies in Asia, including a top South Asean bank based out of Singapore, one of the largest digital banks in Philippines, one of the worlds largest fintech and payment companies headquartered in China and one of Asias largest digital banks based out of Singapore. Our innovative technology is designed to adapt to the ever-changing landscape of financial crimes, and we continuously strive to stay ahead of the curve. Our AMLS is designed to be a one-stop-shop for financial institutions looking to meet their AML compliance…

MATCHMOVE147 +65 1800 271 1371
contactus@matchmove.com

MatchMove is a fintech company that is disrupting the digital payments and next-generation banking industry with its proprietary embedded finance solutions available within any app. By acquiring Shopmatic, MatchMove has expanded its services around Spend, Send, Lend to now include sell and more! MatchMoves platform empowers businesses and their customers to easily and safely spend both online and offline through instantly issued cards on major card networks. Additionally, its Send capabilities include P2P domestic transfers, QR payments, cross-border remittances, P2M, and mass disbursements to global recipients. The MatchMove banking OS platform also extends to Lend, providing customised lending solutions based on customers spending and sending patterns. The Shopmatic platform enables businesses to create their web stores, manage their business operations, and reach out to customers across multiple channels, including social media and marketplaces. It also provides various features s…

ASPIRE486 +65 3165 1500
support@aspireapp.com

Aspire is the all-in-one finance operating system for new age businesses. We help companies save time and money with borderless payments, corporate cards, expense management, and more. Our mission is to empower the next generation of entrepreneurs with the financial tools they need to realize their companys full potential. Headquartered in Singapore, with offices in Indonesia and Vietnam, Aspire is backed by some of the worlds best VCs, including Y-Combinator, the #1 startup incubator in the world.

ZIPMEX175 +65 6248 0889
support@zipmex.com

Zipmex seeks to educate, excite, and enrich everyday people with new financial possibilities on its innovative, secure, and fully-regulated digital assets platform Our innovative approach to finance seeks to leverage blockchain across SEA to enable customers to invest, save, spend like never before.

M-DAQ GLOBAL136 +65 6225 8991
admin@m-daq.com

M-DAQ is a Singapore-headquartered financial technology company that empowers businesses and individuals in cross-border transactions by harnessing data to provide foreign exchange clarity and certainty. Our innovation of tomorrow further leverages data to provide embedded finance solutions to offer corporates and their employees more convenience and control. Founded in 2010 with the belief that resources may be limited but aspirations are not, M-DAQs vision is to create a World without Currency Borders® for all to participate and thrive in the global economy. For more information, please visit: www.m-daq.com.

GRAB44,010 +65 6655 0005
support.sg@grab.com

Grab is Southeast Asias leading superapp, offering a suite of services consisting of deliveries, mobility, financial services, enterprise and others. Grabbers come from all over the world, and we are united by a common mission: to drive Southeast Asia forward by creating economic empowerment for everyone. At Grab, every Grabber is guided by The Grab Way, which explains our mission and the operating principles on how we can achieve it together. We call these principles the 4Hs: Heart We work together as OneGrab to serve communities in Southeast Asia Hunger We work to understand ground truths and drive improvements, big and small Honour We keep our word and steward our resources wisely to build and sustain trust Humility We are a constant work-in-progress, and we never stop learning to get better

CODA PAYMENTS492 +65 8478 2599
support.us@codapayments.com

We take lifes digital experiences over the top by enabling users to bring more creativity and self-expression to their play - no matter who or where they are. Founded in 2011, Coda Payments (“Coda”) is the leading provider of secure, cross-border monetisation solutions for digital products and services in more than 60 markets. Through our three services: Codashop, xShop, and Codapay, we help a range of top digital content publishers worldwide, such as Activision Blizzard (Call of Duty: Mobile, Diablo Immortal), Riot Games (VALORANT, League of Legends: Wild Rift), Moonton (Mobile Legends: Bang Bang), Garena (Free Fire), Tencent (PUBG Mobile), beIN, Bigo Live, Tinder, and Viu to monetise their content and unlock new revenue streams. Today, Coda has more than 500 people in 35+ countries who are working towards the same mission: to offer our customers the best value, experience and entertainment every day, without fail. If you want to make an impact in taking lifes digital experiences…

TRUSTING SOCIAL256 +65 6836 3000
contact@trustingsocial.com

Trusting Social is an AI fintech company revolutionizing credit scoring using big data technology, and social, web, and mobile data. Our solution enables lenders in emerging markets to reach billions of financially invisible consumers not covered by credit bureaus. Founded in 2013 in the United States, we proudly served one billion consumers across Vietnam, Indonesia, India, and the Philippines in 2020 with our accurate, fast, and cost-effective solutions. Our mission is to make financial inclusion a reality in Southeast Asia and India within the next decade. Were achieving this through large-scale AI-based risk assessment, AI-first products for embedded finance, and sophisticated analytics. At Trusting Social, we value extreme ownership, data-driven approaches, mindfulness, and social impact. As a high-growth fintech company, we offer Enterprise Solutions for the lending industry and Co-Lending Partnerships. Were committed to providing innovative solutions to improve financial inclu…

VALIDUS228 +65 8306 6646
support@validus.sg

Validus is the leading all-in-one SME financing platform in Southeast Asia today. Validus drives financial inclusion and prosperity for small businesses by leveraging data and AI to drive growth financing to the under-served SME sector – resulting in faster and effortless one-stop financial solutions that increase our customers productivity and cost savings. Validus SME-focused, full-suite business finance offering includes loans, business accounts, corporate cards, payments and expense management. To date, Validus has disbursed more than USD 2 billion in loans to small businesses across Southeast Asia. Founded in 2015 to address the unmet financing needs of SMEs, Validus is headquartered in Singapore and is growing rapidly across its four markets – Indonesia, Singapore, Thailand and Vietnam. In Singapore, Validus holds a Capital Markets Services License from the Monetary Authority of Singapore (MAS). Batumbu (Validus Indonesia) is licensed by Otoritas Jasa Keuangan (OJK) in Indo…

Top Fintech Companies in Singapore

Overview

FinTech solutions pave the way for an effective financial center; MAS plays key role in developing Singapore’s FinTech journey

Being Singapore’s central bank and integrated financial regulator, the Monetary Authority of Singapore (MAS) collaborates with the financial industry to develop Singapore into an effective financial center. Singapore’s financial tech (FinTech) journey began in 2015, with its operations revolving around innovation, inclusion and inspiration aimed at improving the lives of Singaporeans and developing a productive economy. Singapore plays a global role in two areas - foreign exchange and asset management - and aims to cement its role as a leading Asian hub in fund management and residency.

MAS provides a Financial Services Industry Transformation Map (ITM), a strategic plan regarding the future growth and updates of the industry. The financial services sector is a vital contributor to Singapore’s economy, accounting for approximately 12% of GDP, and provides jobs for around 154,000 individuals. The ITM reports an expected financial services GDP growth of 4.3% per annum over the midterm, of which over half, or 2.4%, of the growth is a result of productivity. At the end of 2020, Singapore was reported to comprise over 40% of Southeast Asia’s FinTech companies, and was ranked 4th in Findexable's Global Fintech Index and was Asia's highest-ranked FinTech city.

Singapore’s FinTech ecosystem has five sectors: banking, insurance, capital markets, payments and green FinTech. FinTech innovation utilizes technologies such as artificial intelligence, blockchain/distributed ledger technology (DLT), APIs, cloud, cyber-security, digital ID & e-KYC, IP protection and RegTech. Singapore has over 40 innovation laboratories as well as over 1,000 FinTech firms across the country.

MAS backs financial and insurance sectors, leveraged by innovation to support growth of financial institutions

In 1970, the Singapore government passed the Monetary Authority of Singapore Act making MAS the leading authority for regulating the financial services sector. In 1977, MAS was delegated to handle the regulations of the insurance industry.

Enterprises and entrepreneurship play a vital role in Singapore’s economy by creating new jobs and incomes, and bolstering industries. As youth are attracted to entrepreneurship due to the involvement of new technologies, the financial services sector is driven to support entrepreneurship, allowing MAS to set up simplified regulations in enabling venture capitalist and private equity managers. MAS also intends to provide revised regulations for financial institutions in serving SMEs (small and medium enterprises).

Over the past decade, the digital revolution in relation to the financial sector has transformed the way financial work is completed, contributing to Singapore’s growth as a ‘smart’ nation. Since innovation is a key component of the financial sector, Singapore takes a competition and collaboration approach. To support this, in 2015, MAS contributed SGD 225 million towards the Financial Sector Technology & Innovation scheme, allowing over 20 global financial institutions to establish many research centers and innovation laboratories. This has led to the growth of over 400 FinTech start-ups across Singapore, making them a vital segment of the industry ecosystem. MAS also suspends selective regulations to aid in the experimentation of untested inventions, and issues legal documentation to regulate and supervise financial institutions.

Key Trends

MAS’ initiatives within the financial sector lead to a rise in local and international partnerships, collaborations and initiatives, contributing to economic growth

MAS conducts consistent assessments regarding the risks and vulnerabilities of developments in Singapore’s economy as well as globally. From 2016 to 2017, MAS’ initiatives towards the financial sector were followed by noticeable major enforcement activities to uphold Singapore as a reputed center recognised for its integrity. It also oversaw partnerships with the Commercial Affairs Department (CAD) and the Attorney-General’s Chambers (AGC) for investigating transactions related to the 1MDB (1Malaysia Development Berhad) scandal, carried out by certain financial institutions. MAS also collaborated with global regulators to uncover an international ploy related to money laundering.

From 2018 to 2019 global financial stability risks were elevated with high debt levels, especially in EMEs (emerging market economies), while Singapore’s banking system, corporate and household fundamentals remained resilient, maintaining consistent observance towards the uncertainties of the external environment. Year 2018 brought about moderate indicators in price growth and transaction activities, reporting a gradual decline in private residential property prices of 0.7%.

As a result, MAS has engaged in strategic collaborations to serve the FinTech sector, such as the ASEAN Financial Innovation Network (AFIN) formed with the World Bank Group’s IFC and the ASEAN Bankers Association, 36 FinTech cooperation agreements (CAs) signed with international partners and the Global Financial Innovation Network (GFIN) - a collaboration with international financial regulators and related organizations. This also includes a partnership with the UNCDF (United Nations Capital Development Fund) for its SHIFT (Shaping Inclusive Finance Transformations) programme and the International Technology Advisory Panel of financial institutions, FinTech business leaders, venture capitalists, and thought leaders in technology and innovation.

COVID-19 both affects and facilitates the FinTech industry; MAS addresses financial demands of people

The initial shock impact of the COVID-19 pandemic and the responses made were noted by MAS and the Economic Policy Group in a study - Special Feature B. The pandemic resulted in aggregate supply shocks, which caused labor reductions, workplace closures and trade disruptions that resulted in reduced supply of imported intermediate inputs, increased import prices and caused a sudden inflation in prices.

The pandemic also resulted in aggregate demand shocks, causing trade and mobility disruptions, distancing restrictions as well as uncertainty over the course of the pandemic and its impact on the future income-earning capacity of firms and households. A fiscal policy response was used in many AEs (advanced economies) and EMs (emerging markets). Additionally, fiscal support was provided to counter the effects of a global economic recession.

Singapore also saw the COVID-19 pandemic as a facilitator for adopting financial technologies, when promoting demand for virtual banking experiences, digital payment capabilities and BNPL (buy now, pay later) arrangements. Year 2020 noted a 216% year-over-year (YoY) rise in customer sign-ups for DBS’ digibank mobile app, while FICO, a global analytics software firm, reported in its research that 68% of Singaporean consumers prefer using digital channels when dealing with banks to address their financial demands. In 2022, there was a notable increase in online shopping, as well as in digital payment solutions from cashless payments at brick-and-mortar stores for real-time payments. E-wallets also became the second most popular payment solution for e-commerce purchases.

Key Statistics

  • In 2017, the expected amount in terms of Asia’s infrastructure needs was approximately USD 1.7 trillion per year, which was more than what the government and bank financing could offer. Therefore, MAS intended to collaborate with multilateral development banks to enhance the bankins aspects of Asian infrastructure projects.
  • There was a 19% YoY increase in FinTech investments for H1 2020.
  • As of 2020, Singapore was rated the 4th top Asian ecosystem by Startup Genome's Global Top 20 FinTech Ranking.
  • The first Singapore FinTech Festival was launched in November 2016 to reflect Singapore’s evolution as a FinTech hub.
  • In 2018, the Singapore government increased the ABSD (Additional Buyer’s Stamp Duty) and tightened the LTV (loan-to-value) ratio to control the property market cycle.
  • In 2022, Fintech News Singapore and Alibaba Cloud reported that PayNow, a Singaporean instant electronic payment service, saw a spike in its digital transactions and payments.

Top Singapore MNCs in Fintech Sector

INTUIT SINGAPORE PTE. LIMITED

Repeated Company as per the Client -

ADYEN SINGAPORE PTE. LTD.

Incorporated in 2012, Adyen Singapore offers a unified platform for accepting payments from anywhere in the world via any sales channel. Globally, Adyen – headquartered in the Netherlands – is the preferred payments platform, offering a contemporary end-to-end infrastructure that connects directly to Visa, Mastercard, and the preferred payment methods of consumers worldwide. Adyen provides frictionless payments across all platforms, including online, mobile, and in-store. Adyen endorses customers such as Facebook, Uber, Spotify, Casper, Bonobos, and L'Oréal from offices throughout the world. It has a unified platform for accepting payments, protecting income, and managing finances. Adyen offers its services across continents with 26 offices, employing over 2,000 people representing 110 nationalities.

PAYPAL PTE. LTD.

The PayPal office in Singapore was established in 2005. By utilizing technology, it facilitates financial services and commerce. The company offers solutions for online transactions and payment processing, both domestically and globally. The organization also provides online invoicing, refunds, and business solutions. PayPal has been at the forefront of the digital payment revolution. In 2002, PayPal – which has customers all over the world – became eBay’s official payment service. PayPal also provides worldwide payment flexibility across platforms and merchants. The company drives all aspects of digital checkout, including online, mobile, and in-store.

FISERV APAC PTE. LTD.

Fiserv is a global provider of financial services technology. In 1990, it set up its regional headquarters in Singapore with the incorporation of Fiserv APAC. Fiserv’s products connect financial institutions, large and small enterprises, and consumers, locally and globally, reliably and securely, behind the scenes, through millions of transactions. The company provides superior financial services technology and payment solutions to clients in order to help them optimize operations and stay up to date with changing consumer demands. Fiserv also provides comprehensive terminal, online, and omnichannel payment solutions for companies of all sizes, ranging from huge corporations to small and medium-sized businesses.

STRIPE PAYMENTS SINGAPORE PTE. LTD.

Established in 2015, Stripe Payments Singapore offers a variety of integrated solutions that simplify PCI compliance without sacrificing the checkout experience. Stripe provides a global payment system that accepts over 135 currencies, and offers transparent pricing and savings to high-volume merchants. From e-commerce storefronts to subscription businesses, platforms, and marketplaces, Stripe Payments offers a complete stack for all payment needs across channels. The company’s solutions and services include: E-commerce, SaaS, Marketplaces, Embedded Finance, Platforms, Creator Economy, Crypto and Global Businesses.

WISE ASIA-PACIFIC PTE. LTD.

Established in 2011, Wise Asia-Pacific is a technology firm that is developing the most efficient way to transmit money around the world. People and corporations can use the Wise account to hold over 50 currencies, transfer money between countries, and spend money abroad. Every TransferWise payment is sent at the current, mid-market exchange rate. Wise Asia-Pacific added a multi-currency account, a debit card, and a business account, assisting people in managing their money more inexpensively, swiftly, and transparently on a global scale. Wise Asia-Pacific collaborates with banks and firms such as Monzo, Bolt, and GoCardless, to provide better international banking to their clients.

CHECKOUT APAC PTE. LTD.

Incorporated in 2010, Checkout APAC assists businesses in accepting payments all around the world. Businesses rely on its proprietary payment technology for faster processing, greater dependability, and complete access to configurable data streams. Checkout APAC accepts Visa, Mastercard, American Express, and all major international cards, as well as popular alternative and local payment options, and processes more than 150 currencies. Checkout APAC payment experts collaborate with worldwide companies such as TransferWise, Deliveroo, EasyGroup, and Samsung, to optimize payments using real-time data. Through a single API integration, Checkout APAC acts as a gateway, processor, acquirer, and fraud manager.

ALIPAY SINGAPORE HOLDING PTE. LTD.

Established in 2016, Alipay Singapore Holding provides payment services for Alibaba Group's marketplaces. Alipay offers safe, dependable, and convenient online and mobile payment services. By the end of 2016, Alipay had 450 million users. Alipay is now accepting in-store payments both within and outside of China. Currently, Alipay works with over 200 financial institutions and has created online platforms to meet the financial needs of small enterprises and individuals, including payments, loans, third-party insurance and wealth management. The company has created Quick Pay, barcode payment, smile-to-pay, and QR code payment solutions to meet the digital payment needs of sectors such as commercial operations, public services and transportation.

REVOLUT TECHNOLOGIES SINGAPORE PTE. LTD.

Incorporated in 2017, Revolut Technologies Singapore offers money transfer and exchange services. Customers worldwide use Revolut's products to conduct over 100 million transactions per month. The company provides businesses with the resources they require to start, run and scale. Headquartered in the UK, Revolut offers financial services, debit cards and virtual cards, among other services. Revolut also provides options such as foreign money transfers with no hidden fees. The Monetary Authority of Singapore (MAS) has regulated Revolut Technologies Singapore as a major payment institution to carry on the business of providing account issuance, domestic money transfer, cross-border money transfer and e-money issuance services.

COINBASE SINGAPORE PTE. LTD.

Repeated Company as per the Client -

Top Singapore Large Local Enterprises in Fintech Sector

NIUM PTE. LTD.

Repeated Company as per the Client -

IFAST CORPORATION LTD.

Repeated Company as per the Client -

SINGAPORE LIFE LTD.

Repeated Company as per the Client -

ECOMMERCE ENABLERS PTE. LTD.

Repeated Company as per the Client -

ADVANCE INTELLIGENCE PTE. LTD.

Repeated Company as per the Client -

CODA PAYMENTS PTE. LTD.

Repeated Company as per the Client -

APAYLATER FINANCIALS PTE. LTD.

Founded in 2019, Atome is a payment solutions provider offered by APaylater Financials. The company provides a payment platform for online and offline businesses in fashion, beauty, lifestyle, fitness and homeware, as well as the ability to track and manage monthly expenditures. In Asia, Atome is a leading ‘purchase now, pay later’ brand. The company’s service is provided in nine Southeast Asian and Greater China markets. Atome is a subsidiary of Advance Intelligence Group, a Singapore-based Series-D AI-driven technology business with operations in South and Southeast Asia, Latin America and Greater China. Atome works with the popular e-commerce platforms and payment gateways.

BOLTTECH DIGITAL BROKERAGE SINGAPORE PTE. LTD.

Repeated Company as per the Client -

Top Singapore SMEs in Fintech Sector

MATCHMOVE PAY PTE. LTD.

Established in 2009, MatchMove Pay introduced an eWallet that allows clients to shop online with prepaid cards. MatchMove provides an online account that allows customers to apply for and manage various virtual cards. The company offers a range of services for safely and legally moving money locally and globally. MatchMove provides fully managed services as well as developer-friendly features for connecting customers, merchants and financial institutions. MatchMove is licensed by the Singapore Monetary Authority, and authorized by leading card networks to issue virtual and physical cards directly to users or through partner institutions. MatchMove operates out of India, Indonesia, Vietnam and the Philippines.

MOOLAHSENSE PRIVATE LIMITED

Repeated Company as per the Client -

FUNDING SOCIETIES PTE. LTD.

Repeated Company as per the Client -

M-DAQ PTE. LTD.

Repeated Company as per the Client -

FUNDED HERE PTE. LTD.

FundedHere, licensed by the Monetary Authority of Singapore (MAS), is an equity and debt crowdfunding website. Incorporated in 2016, the platform has raised about $20 million through 30 initiatives. The startup ecosystem at FundedHere includes over 1,800 investors, more than 20 partners and over 40 mentors. Its goal is to connect investors with Asian companies. FundedHere handles and links three types of stakeholders: startups, publicly traded companies and investors. The company offers a platform for listed companies to run short-term bonds, as well as an opportunity for interested investors to obtain access to new investment products for diversification purposes.

INVOICE INTERCHANGE PTE. LTD.

Incorporated in 2012, Invoice Interchange is an online invoice financing marketplace that offers simple, dependable, working capital solutions to help businesses thrive. Invoice Interchange provides a simple and adaptable online invoice financing solution to assist its clients to obtain working cash to support their expansion. The company rewards referrals with a commission. Invoice Interchange allows import and export enterprises to draw down on invoices recorded in the NTP account. Online and automated invoice financing from Invoice Interchange enables businesses to easily access money in pending invoices and enhance their cash flows.

INCOMLEND PTE. LTD.

Repeated Company as per the Client -

SPARK SYSTEMS PTE. LTD.

Repeated Company as per the Client -

360F (SINGAPORE) PTE. LTD.

Repeated Company as per the Client -

TRIPLE A TECHNOLOGIES PTE. LTD.

Repeated Company as per the Client -

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By Gerald Bong
Published on 07 August 2023