Top 10 Fintech Companies in Singapore (2026)

A small exporter in Singapore that needs to pay a supplier in Jakarta, or get paid by a buyer in Sydney, probably won’t walk into a bank branch to do it. Odds are the money moves through software built a few blocks from Raffles Place. Singapore has spent a decade growing firms like that. Thunes reaches more than 140 countries. Funding Societies has financed billions of dollars in loans to small businesses across the region. Trust Bank, launched in 2022, is already in profit.

The regulator helps. The Monetary Authority of Singapore (MAS) licenses payment firms under the Payment Services Act, and for many buyers an MAS licence is the first thing they check. Over 2025 and 2026, local fintechs raised fresh money, picked up licences abroad and started settling payments in stablecoins. It hasn’t been smooth for everyone, and investors now want profits, not just growth.

This guide looks at the top fintech companies in Singapore for 2026: what each one does well, who it’s for, and how to pick the right partner for your business.

Why Businesses Are Investing in Fintech in Singapore

If your business buys or sells across Asia, fintech in Singapore can often beat a traditional bank on speed and on cost.

Faster Cross-Border Payments

Singapore’s payment networks plug straight into local banks, wallets and card schemes in Asia and further afield. Money arrives sooner, and businesses can pay staff, suppliers and partners in local currency without routing it through a long chain of correspondent banks.

Credit for Underserved SMEs

Many small businesses in Southeast Asia struggle to get bank loans. Digital lenders use transaction data and automated risk models to approve financing in days, sometimes hours, rather than weeks.

Regulated, Trusted Infrastructure

MAS licensing gives clients a clear benchmark. Firms holding Capital Markets Services or Major Payment Institution licences must meet strict rules on safeguarding funds, anti-money laundering and technology risk, which reassures enterprise buyers.

Lower-Cost Wealth and Treasury Tools

Digital wealth platforms give individuals and companies access to institutional-grade funds with transparent fees. Businesses can also park idle cash in managed treasury products instead of leaving it in low-yield accounts.

Top 10 Fintech Companies in Singapore at a Glance

Rank	Company	Primary Strength	Best For	HQ / Founded
1	Nium	Real-time global payouts and card issuing	Banks, platforms and travel firms	Singapore and San Francisco / 2014
2	Thunes	Direct cross-border payment network	Wallets, MTOs and gig platforms	Singapore / 2016
3	Aspire	All-in-one business finance account	Startups and SMEs	Singapore / 2018
4	Funding Societies	Digital SME financing	SMEs needing working capital	Singapore / 2015
5	Endowus	Fee-transparent digital wealth advice	Investors using CPF, SRS and cash	Singapore / 2017
6	Syfe	Managed portfolios and brokerage	Retail and affluent investors	Singapore / 2019
7	Trust Bank	Profitable digital retail bank	Everyday banking customers	Singapore / 2022
8	YouTrip	Multi-currency travel wallet	Travellers and small businesses	Singapore / 2018
9	Tazapay	Emerging-market collections and payouts	Global merchants and fintechs	Singapore / 2020
10	HitPay	Omnichannel SME payment gateway	Retailers and online sellers	Singapore

Top 10 Fintech Companies in Singapore (2026)

Here’s how the leading names compare, starting with the firms moving the most money across borders.

1. Nium

Nium began in Singapore in 2014 as Instarem, founded by Prajit Nanu and Michael Bermingham, and took its current name in 2019, keeping Instarem as its consumer brand. Nanu remains chief executive, and the company now describes itself as based in San Francisco and Singapore. A US$200 million Series D in July 2021 made it a unicorn, and Brunei Investment Agency led its US$50 million Series E in June 2024.

Nium holds licences and authorisations in more than 40 countries and sends payouts to over 190 countries in 100 currencies. In April 2026 it partnered with Coinbase to add USDC payments, and in July 2026 it acquired Cypher, a crypto wallet and card-issuing business.

Key Solutions:

• ✔ Global payouts to 190+ countries
• ✔ Card issuance on Visa, Mastercard, Discover and UATP
• ✔ Multi-currency accounts covering 100+ currencies
• ✔ Stablecoin settlement and stablecoin card issuing

Best for: Banks, payment providers, travel companies and platforms that need to embed real-time cross-border payments.

2. Thunes

Thunes was formed in 2016 when Singapore’s TransferTo split into two businesses. Headquartered in Singapore with offices in 14 locations, it’s led by co-founder Peter De Caluwe, who returned as CEO in 2025 after Floris de Kort stepped down. In April 2025 it raised US$150 million in a Series D led by Apis Partners and Vitruvian Partners, and the company says it’s profitable with positive EBITDA.

Its Direct Global Network supports real-time payments in more than 140 countries and over 90 currencies, reaching about 12 billion mobile wallets, stablecoin wallets and bank accounts. Juniper Research’s 2026 Competitor Leaderboard placed Thunes in the top three for cross-border payments infrastructure, alongside Swift and Visa. It opened a New York office in June 2026 and holds 50 US money transmission licences.

Key Solutions:

• ✔ Direct Global Network for payouts and collections
• ✔ SmartX in-house treasury platform
• ✔ Fortress compliance platform
• ✔ Pay-to-card and wallet connectivity

Best for: Money transfer operators, super-apps, gig platforms and banks that need wide last-mile reach.

3. Aspire

Aspire was founded in 2018 by Andrea Baronchelli, who serves as CEO, and Giovanni Casinelli. The Singapore-headquartered company says it has helped more than 50,000 businesses, with clients in over 30 markets and more than 600 staff across nine countries. Its backers include Sequoia, Lightspeed, Y Combinator, Tencent and PayPal.

Aspire has spent the past year building a licence portfolio. It secured an Australian Financial Services Licence, an EU Electronic Money Institution licence, US registrations as a Money Services Business and SEC Registered Investment Adviser, and a Singapore Capital Markets Services licence. In April 2026, its Hong Kong unit received SFC Type 1, 4 and 9 licences. A February 2026 partnership with Antler supports its goal of growing startup customers 2.3 times this year.

Key Solutions:

• ✔ Multi-currency business accounts and international payments
• ✔ Corporate cards and expense management
• ✔ Payables and receivables automation
• ✔ Treasury and yield products

Best for: Startups and SMEs that want banking, payments and finance operations in one account.

4. Funding Societies

Funding Societies, known as Modalku in Indonesia, launched in 2015 and is headquartered on Robinson Road in Singapore. Co-founder Kelvin Teo leads the group as CEO. The platform operates in Singapore, Indonesia, Malaysia, Thailand and Vietnam, and had financed more than US$4 billion in business loans across the region for around 100,000 SMEs as of early 2025.

It holds an MAS Capital Markets Services licence, and its 2022 acquisition of CardUp, which holds a Major Payment Institution licence, took it into payments. Investor support has continued despite a tougher funding climate: Gobi Partners made a strategic equity investment in March 2025, and the company secured fresh debt financing in August 2026.

Key Solutions:

• ✔ Micro loans of up to S$150,000
• ✔ Unsecured business term loans of up to S$1 million
• ✔ Revolving credit, payables and receivables financing
• ✔ Property-backed secured financing

Best for: SMEs across Southeast Asia that need fast working capital without traditional bank hurdles.

5. Endowus

Endowus was founded in 2017 and is headquartered in Singapore. Co-founder Gregory Van is CEO, and co-founder Samuel Rhee is chairman and group CIO. The platform serves more than 300,000 clients, from individuals to family offices, charities and institutions, and reported over US$10 billion in group assets as of January 2026.

It holds an MAS Capital Markets Services licence and is licensed by Hong Kong’s SFC. In October 2025 it raised more than US$70 million in a round led by Illuminate Financial with Prosus and Citi Ventures taking part. Euromoney named it Asia’s best wealthtech for 2026. Its standout feature remains the ability to invest CPF and SRS savings alongside cash.

Key Solutions:

• ✔ Investing with CPF, SRS and cash
• ✔ Flagship, Income and Cash Smart advised portfolios
• ✔ Build-your-own portfolios from 400+ funds
• ✔ Endowus Private Wealth and private markets access

Best for: Long-term investors who want low-conflict advice and access to retirement savings.

6. Syfe

Syfe was launched in Singapore in 2019 by founder and CEO Dhruv Arora. Regulated by MAS under a Capital Markets Services licence, it now operates in Singapore, Hong Kong and Australia. The Australian push came through its May 2025 acquisition of ASX-listed brokerage Selfwealth for A$63 million, backed by a US$80 million Series C.

Growth has been quick. In September 2026 Syfe said it had passed S$20 billion in assets under management, with more than 400,000 people using the platform. Its range spans hands-off managed portfolios, a brokerage for stocks, ETFs and options, and cash management, which makes it one of the more complete Singapore fintech startups for retail investors.

Key Solutions:

• ✔ Managed portfolios including Core, Income+ and REIT+
• ✔ Syfe Trade brokerage for stocks, ETFs and options
• ✔ Cash+ cash management products
• ✔ Private Wealth and Syfe for Business

Best for: Retail and affluent investors who want managed and self-directed investing in one app.

7. Trust Bank

Trust Bank launched on 1 September 2022 as a joint venture between Standard Chartered and FairPrice Group. Led by CEO Dwaipayan Sadhu, it has passed one million customers. It reached profitability in March 2026 and was the first of Singapore’s five digital banks to announce that milestone.

The bank has moved well beyond savings accounts. It disbursed more than S$900 million in loans in 2025 and now offers credit cards, insurance and investing through TrustInvest, while customers use around 240,000 Savings Pots to organise their money. Its role is growing: Standard Chartered began moving selected credit card and personal loan customers in Singapore to Trust Bank from September 2026.

Key Solutions:

• ✔ Savings accounts with Savings Pots
• ✔ Trust credit cards
• ✔ Personal loans and insurance
• ✔ TrustInvest investing platform

Best for: Singapore consumers who want a fully digital everyday bank backed by an established lender.

8. YouTrip

YouTrip was started in Singapore in 2018 by co-founder and CEO Caecilia Chu. Its issuer, You Technologies Group (Singapore), is licensed by MAS as a Major Payment Institution and is a principal member of Mastercard. The app operates in Singapore, Thailand, Malaysia and, since December 2025, Australia, where it holds an Australian Financial Services Licence.

The core product is a multi-currency wallet with a prepaid Mastercard that supports spending in more than 150 currencies. In Australia, it says there are no foreign exchange fees or annual fees. The company says it processes more than US$15 billion in payments a year across Asia Pacific. Alongside its consumer card, YouBiz serves businesses that need to make overseas payments.

Key Solutions:

• ✔ Multi-currency wallet and prepaid Mastercard
• ✔ In-app currency exchange and rate locking
• ✔ YouTrip Family cards and overseas transfers
• ✔ YouBiz for business payments

Best for: Frequent travellers and small businesses paying in foreign currencies.

9. Tazapay

Tazapay was founded in 2020 and is headquartered in Singapore. It received its MAS Major Payment Institution licence in 2023 and is also registered with FINTRAC in Canada, FinCEN in the US and AUSTRAC in Australia. Applications are pending in the UAE, the EU and Hong Kong, and the company serves more than 1,000 enterprises and fintechs.

Its focus is the hardest part of the journey, the last mile: collecting and paying out in emerging markets where global processors have weaker coverage. In March 2026 it brought its Series B to US$36 million with an extension led by Circle Ventures, joined by Coinbase Ventures. Tazapay is also developing payment infrastructure for AI-driven, agentic payment flows.

Key Solutions:

• ✔ Local collections and payouts in emerging markets
• ✔ Global collection accounts
• ✔ Real-time cross-border settlement
• ✔ Payment gateway for international buyers

Best for: Merchants and fintechs expanding into Asia, Latin America and the Middle East.

10. HitPay

HitPay is a Singapore-headquartered payments company led by co-founder and CEO Aditya Haripurkar and backed by Tiger Global and Y Combinator. More than 20,000 businesses use it, across e-commerce, retail, and food and beverage. It operates in Singapore, Malaysia, Australia, the UAE and the Philippines, and is regulated by MAS, Bank Negara Malaysia, Bangko Sentral ng Pilipinas, AUSTRAC and FinCEN.

HitPay’s appeal is simplicity for small merchants. In March 2025 it partnered with NPCI International to let Singapore merchants accept UPI payments from Indian visitors, and a 2026 partnership with Primer helps its merchants accept payments from customers in the US and Europe.

Key Solutions:

• ✔ Online checkout, payment links and plugins for Shopify, Wix and WooCommerce
• ✔ POS software and card readers
• ✔ Cards, QR codes and 700+ digital wallets
• ✔ UPI acceptance for Singapore merchants

Best for: Retailers, F&B outlets and online sellers who want one gateway for in-store and online sales.

How to Choose the Right Fintech Partner in Singapore

Check the Licence, Not Just the Logo

Look up the provider on the MAS Financial Institutions Directory and confirm the exact licence it holds. A Major Payment Institution licence and a Capital Markets Services licence cover very different activities, so match the licence to the service you need.

Map Corridors and Currencies

If you’re paying or collecting abroad, list your key markets first. Then ask each provider whether it connects directly in those markets or relies on intermediaries, as this affects speed and fees.

Understand the Full Cost

Headline fees rarely tell the whole story. Ask about FX mark-ups, payout charges, minimum balances and early repayment terms on loans, and compare the total cost over a typical month.

Look at Financial Strength

Funding rounds, profitability and investor backing give clues about a provider’s staying power. With some fintechs cutting staff in 2026, it’s worth asking how long a partner’s runway is before you build your operations around it.

FAQs

Is Airwallex a Singapore fintech company?

Airwallex was founded in Melbourne in 2015 and now lists Singapore and San Francisco as its headquarters. We’ve left it out to focus on businesses started in Singapore. Readers comparing regional hubs may also find our list of Top 10 Fintech Companies in Hong Kong useful.

What licence does a payment company need in Singapore?

Payment firms are licensed by MAS under the Payment Services Act, as a Standard or Major Payment Institution depending on volumes. Investment platforms such as Endowus and Syfe hold Capital Markets Services licences instead.

Are Singapore fintech platforms safe from cyber threats?

MAS sets technology risk management guidelines that licensed firms must follow, but security standards still vary. Many fintechs rely on specialist security vendors, and our guide to the Top 10 Cybersecurity Companies in Singapore covers some of them.

Which fintech segments are growing fastest in Singapore?

Cross-border payments, SME finance and digital wealth remain the strongest segments. Stablecoin settlement is the newest trend, with Nium and Thunes both adding it to their networks.

How does Singapore compare with other Southeast Asian fintech markets?

Singapore is the region’s main base for licensing and headquarters, while many customers sit in markets such as Indonesia and the Philippines. Large deals are happening there too, as shown when Philippine fintech Salmon secured $140M in financing.

Conclusion

The top fintech firms in Singapore share a few traits: strong licences, direct connections to the markets they serve, and a clearer path to profit than many of their peers had a few years ago. Nium and Thunes lead on global payments, Aspire and Funding Societies on SME finance, and Endowus and Syfe on wealth.

The right choice depends on what you need to move, borrow or invest, and where. Shortlist two or three fintech companies in Singapore, check their licences and run a trial before committing.