Top FinTech Startups in Singapore

Singapore has been a hotbed for fintech innovation, as an Asian and global leader, recently. Establishment of a world class fintech hub like LATTICE80 and support from the Monetary Authority of Singapore (MAS) has provided for the right environment to boost fintech innovation. With a small population, the fintech products being developed in the country are primarily focused as B2B solutions. B2C fintech products have markets in the South-East Asian region, similar to Hong Kong as an entry point to China.


We have been following the fintech startup scene in Singapore closely for some time, and bring this list of top startups that you must to know about. These range from categories such as lending, blockchain, investment platforms, insurtech and more…

INFOGRAPHIC for sharing purposes can be found here:


P.S. If you would like to recommend any other startups to be on this list, please drop us an email on 🙂


Top FinTech Startups in Singapore

AI Active Intelligence is a  platform that enables financial institutions to deliver their services using Intuition and Automation over channels of engagement. The company’s vision is to become the AI Saas platform for Financial Services.

AI Tookitaki is a Machine Learning based forecasting platform focusing on compliance and operational risk domain. They are looking to change the paradigm of using rules-based applications with adaptive systems, that can drive operational efficiency and decrease chances of decision leakages caused though false positives.


BankingTech soCash solves cash management for banks using technology. They are a fast growing fintech, based out of Singapore and the platform enables cash circulation without the need for vintage supply chain of cash. soCash product roadmap covers the spectrum of cash – Withdrawal, Deposits and conversion. 


BankingTech Bamboo is delivering a digital expense management solution for small business in Asia. The web-based and hand-held app will provide visibility and control over company expenses for business owners; removing a major pain point for entrepreneurs and their employees. They are taking a process that is typically cash led, paper based, or addressed through fragmented online tools; and turning into an integrated online payments and expense system. The bamboo team is developing new technologies and busy building a solution with small business owners at the heart.


Blockchain CoinPip helps businesses to send money end-to-end to employees, freelancers and contractors around the world in under 48 hours, avoiding bank transfer fees and forex charges. Its goal is to reinvent how telegraphic transfers are made.


Blockchain Bluzelle offers a complete and fully integrated stack of blockchain applications, middleware and data services. With customers that range from SMEs to global enterprises, Bluzelle is designs, develops and deploys solutions for businesses.


Blockchain Attores enables data and documents to be shared securely, with full traceability and audit-ability using smart contracts and blockchain technology.


InsurTech PolicyPal is Asia’s first independent app that uses artificial intelligence to simplify and digitise insurance for users to manage all their existing policies from different insurers, so that they always have quick access to their insurance policies even if the unexpected happens.


InsurTech Knowing your customer is at the heart of insurance. It allows insurance companies to provide the right insurance coverage at the right price. But practical implications (user experience, cost, and time) place a constraint on the insurer’s ability to collect sufficient information about policyholder.

Mobile & wearable data promises to solve this problem. Cleverly combined it provides rich customer & risk profiles that can be collected and processed automatically and nearly instantaneously. Insurers have recognised the potential value of this data but they lack the IT infrastructure and data analytics capabilities to unlock that potential. FitSense closes this gap by providing the three critical components from data to product: Data Integration, Data Interpretation, and White-label product development.

CXA Group

InsurTech CXA has built Asia’s first data-driven Flex Benefits and Wellness Marketplace SaaS platform. The platform helps companies unleash the power of data at the workplace to encourage healthy behaviours and contain costs. Using CXA, employees select the most relevant mix of personal insurance and wellness services to suit their individual health needs. Companies buying their insurance through CXA brokers get flexible benefits, workplace wellness administration and data analytics.


Investment Platform InvestingNote is a Singapore based company that provides financial platform that aims to promote Singapore’s investor awareness by creating a social network dedicated for Singapore stock investors, a place where the retail stock investors meet the professionals traders to exchange investing ideas.


Investment Platform Smartkarma is a collaborative marketplace that is changing the way market participants create, distribute and consume investment insights. As a trusted information source, Smartkarma provides unconflicted and unmatched analysis, transparency, and context into Asian markets to help global institutional investors confidently drive their investment strategies. Unlike traditional research companies, Smartkarma combines intelligence from the world’s premier analysts, academics, data scientists and strategists in one unique ecosystem.

Investment Platform Millennials need new, simple financial products in order to start investing, while financial institutions are struggling to engage millennials. Limitless is a white-labeled mobile app for automated micro-investments. It allows for spending-based investments into a portfolio of a low-cost funds with every card transaction. The product is designed to appeal to those part of the gig economy.


Investment Platform Fundnel is a private investment platform that offers unlisted securities in growth and pre-IPO stage companies across industries to a qualified network of investors, comprising of both professional – corporate venture, private equity, venture capital funds, family offices, angel investor networks – and individually accredited investors actively looking to diversify their current portfolio.


Investment Platform WeInvest is one of Asia’s first digital wealth management solutions provider. Founded in 2015, WeInvest is headquartered in Singapore. Their proprietary robo-advisor provides banks, wealth and asset managers, insurance companies and independent financial advisors with a complete end-to-end investment platform which covers tech platform, investment strategies, operations, execution and custody.

Call Levels

Investment Platform Call Levels is a simple, independent and reliable tool to track financial assets. The automatic notification feature frees users from the time-consuming market analysis tasks.

Miss Kaya

Investment Platform Miss Kaya is a digital financial services provider for women in Asia focused on financial budgeting and portfolio management. Miss Kaya aims to provide women with the resources and information on ways to best grow their incomes enabling them to be financially responsible and in control of their budget allowing them to mould their future plans without any monetary hindrance.


Investment Platform Bambu is a B2B Robo Advisor firm that offers financial and consumer brands the ability to integrate and benefit from the shift in digital wealth. Bambu has built a white label SaaS platform that can be customised and integrated into your business. The company offers solutions for retail, mass affluent and private banking. They start from simple goal-based savings products, all the way to actively managed equity portfolios at the top end. The digital platform provides an innovative, cost-effective and user-friendly entry point into the world of saving, investing and wealth management.

Investment Platform Smartfolios is a B2B digital advisory and investment platform for financial institutions.

They create tailor-made investment solutions to fit the specific needs of banks, wealth managers and brokers. The proprietary technology and portfolio construction engine enables their financial institutions partners to deliver an engaging and personalised digital investment experience to their customers at an affordable cost.


Investment Platform Smartly is a Singapore-based, financial technology company building a new-generation robo-advisor, providing a digital wealth management platform to retail investors.


Investment Platform Founded by a group of veterans from the FX and Securities Industries with experience averaging 15 years amongst the key members, M-DAQ is a platform that prices and trades exchange-traded products in a multitude of choice currencies by blending ‘executable’ FX rates into equities and futures products. M-DAQ enables Securities Exchanges to go multi-currency without significant changes to systems and back-end processes, with low start-up and running costs. Investors, regardless of profile or trade size, benefit from a multi-bank FX wholesale price in their overseas investment.

Turnkey Lender


Lending Turnkey Lender provides decision management and risk mitigation solutions and services. Turnkey Lender is a “cloud” system for automatic borrowers’ evaluation, decision making and automation of all processes in online (and off-line) lending for Consumer lending, Leasing companies – financing expensive purchases, MFIs, Student loans, Mortgages, SME lending, Auto loans

Funding Societies

Lending Funding Societies is an online platform for SMEs to acquire loans to fuel their growth and for investors to crowdlend the SME loans and earn returns. The company wants to give businesses access to adequate and equitable funding. At the same time, they want to offer investors an option for reliable alternate investments with solid returns.


Lending MoolahSense aims to connect established businesses seeking loans for capital expansion, equipment purchases or other needs to the broad investor community. They are motivated in addressing the gaps in access for funding and investing for small businesses and everyday investors. The company hopes to contribute towards fostering a culture of entrepreneurship and to promote a more inclusive financial system.

Lending FundedHere was founded in Singapore in 2015 as the first home-grown crowdfunding platform that offered equity crowdfunding and lending-based crowdfunding. The primary objective of FundedHere is connecting investors to startups in Asia, getting good entrepreneurial ideas funded and offering attractive returns for investors.


Payments FOMO Pay is an award-winning Singapore payment company. It provides one-stop online/offline Chinese payment solution and alternative payment solution for merchants to facilitate payment collection from China and South East Asia market. It’s an in demand solution for e-commerce, hospitality, tourism, F&B, education, retail industry, etc.

Payments TransferTo operates a B2B Cross-Border Mobile Payments Network for emerging markets, processing real-time transactions for money transfer operators, mobile operators, digital wallet providers, banks, NGO’s and merchants. Leading companies around the world rely on TransferTo’s mobile payment solutions to perform digital payments.


Payments fastacash™ provides a global social payments platform which allows users to transfer value (money, airtime, other tokens of value, etc.) along with digital content (photos, videos, audio, messages, etc.) through social networks and messaging platforms. The company has developed a patent pending link generation technology that enables the value transfer with a secure link.
MatchMove Pay

Payments MatchMove enables companies to offer a fully branded secure mobile wallet solution, increasing revenue and user engagement. MatchMove proprietary Wallet OS™ is built with the vision of strengthening financial inclusion through enabling its Spend, Send, Lend™ capabilities across developed and developing markets. MatchMove Wallet OS™ enables any company to easily offer their customers a fully branded, secure mobile wallet solution that includes P2P transfer, Cross-Border Money Transfers, Top Up channels, Virtual Payment Cards, Loyalty Points & Rewards, Promotions & Offers amongst many other features. Wallet OS fully customizable platforms are cloud-based and PCI-DSS compliant.

Payments Coda operates Codapay, an alternative payment gateway serving Indonesia, Philippines, Malaysia, Thailand, Singapore, Vietnam, and Taiwan. They help customers of some of the biggest Internet companies in the world (Baidu, Huawei, UCWeb, etc.) make payments online using a network of alternative payment channels that includes telcos, as well as banks, convenience stores, e-wallets, and game cards. Their scalable multi-currency payment processing platform features robust settlement and risk management capabilities. Coda also operates Codashop, a digital distribution platform for digital gift codes.

Payments 2C2P is a leading SEA payment service provider that offers omni-channel payment solutions, allowing merchants to accept local and international payments through credit and debit cards, bank channels (ATMs, iBanking and mBanking) and cash acceptance via payment counters. With a comprehensive solution, merchants can transact with both banked and unbanked customers.

Payments TenX makes cryptocurrencies spendable in real life. The company offers multiple cryptocurrencies to be spent through a debit card to use anytime and anywhere.

Payments SmartPesa is a specialist payments technology provider that aims to solve the last mile problem for financial institutions in emerging markets.  Banks, Insurers and PSPs can use SmartPesa’s platform as mini-ATMs/branches in remote and rural areas, providing a full range of services including payments, cash-in and out, balance inquiries, bill payments, transfers, government distributions, loans and insurance.  SmartPesa directly addresses the dual needs of financial inclusion and cash reduction whilst eliminating the need for costly/risky changes to banks’ proven systems.
Dragon Wealth

Personal Finance Management Dragon Wealth offers a ‘marketing in a box’ designed specifically for financial advisors to connect more easily and more often to new and current investors. Dragon Wealth’s one stop online marketing shop includes FAConnect – an app connecting FAs to current and new investors, featuring a suite of automated, tailored marketing campaigns targeting new and current investors, and INVESTO – an app for investors which provides 24/7 access to their portfolio, news and new products, and importantly connects investors to financial advisors in a way that saves time and money.
The New Savvy


Personal Finance Management The New Savvy aims to empower smart, modern and independent woman through meaningful content that are relevant, practical and interesting. Investment information available can be complex, technical and often times, exasperating. They simplify the process by providing dedicated insights that are fast, fun and easy to understand. The New Savvy advocates greater awareness and healthier financial habits to women.

Security CashShield is an online enterprise risk management company that helps companies manage their payment fraud risks and prevent hostile account takeovers. Uniquely powered by high-frequency trading algorithms combined with real-time pattern recognition and passive behavioural biometrics, CashShield’s award-winning solution functions without the need for any data scientists or fraud analysts. The company has screened transactions in over 190 countries, securing billions in gross merchandise value for enterprises such as Square Enix, Razer, Vodafone and T-Mobile. CashShield has global operations in the US, Europe, China and Southeast Asia.
Spark Systems

Trading Platform Spark Systems are builders of smart and efficient trading platforms. The company believes that the current foreign exchange buy-side can be better served by being redefined by Spark Systems platform. From local banks to hedge funds; retail traders to corporate treasuries; Spark Systems aims to serve specific requirements of buy-side sub groups.


Note: The information about the startups featured here are from individual company websites and social media pages.

You may also like

Leave a Reply

Your email address will not be published. Required fields are marked *