Singapore is a growing fintech hub, which in recent years, has seen the growth of numerous companies innovating with payment infrastructure, banking platforms and lending solutions. One of the significant contributors to the sector’s growth has been the city state’s geographic location, which has attracted many international firms looking to expand their presence in Asian markets. Other factors have also contributed and will be vital to retaining its fintech prowess in years to come. For example, the national government has maintained relaxed regulations for cryptocurrencies and blockchain tech.
Below, we picked some of the top finance companies in Singapore that work across the sector and many of them are on the lookout for top tech talent.
Finance Companies in Singapore
- Wise
- Flywire
- Visa
- iCapital
- Xero
- Moomoo
- Decentro
Finance Companies in Singapore to Know
Wise is an international payments company that enables clients to conduct business in other currencies and send money internationally. Its international payment platform works with over 40 currencies and features easy-to-understand fees. Wise also provides its infrastructure through an API that enables businesses to tap into its payment systems and works with several banking partners.
Visa is one of the largest financial institutions in the world. The company partners with banks and financial institutions to provide co-branded credit and debit cards, which utilize its network to authorize and process payments. In Singapore, Visa operates an innovation center that develops new commerce solutions.
Xero develops accounting software for small businesses. Its platform incorporates payroll, expense reporting and project management into one platform that works to help its customers understand their finances. Additionally, the software provides payment infrastructure that enables businesses to accept debit and credit cards.
ICapital is an alternative investment marketplace used by financial advisors and asset managers. Alternative investment platforms grant investors access to illiquid assets such as private debt, collectibles or hedge funds. In iCapital’s case, it provides asset tracking and personalized portfolio builders.
Volopay helps businesses create and assign corporate credit cards and provides financial tools. Its cards can automate expense approval through custom workflows and integrate with various accounting platforms to synchronize across enterprise software.
Decentro is a Singapore-based startup that provides payment and banking infrastructure. Its banking-as-a-service platform provides user verifications that aim to streamline onboarding. On the payment side, it provides solutions for recurring payments and automated reconciliation.
Flywire provides software that helps businesses process payments. Through the platform, a business can request payment using its invoicing solution. After the external party pays, Flywire processes the payment and deposits it into a connected account. Flywire also provides digital checkout solutions and secure payment links for online transactions.
Tinvio’s platform helps logistics companies manage supply chain transactions from one dashboard. Its platform works to create an open line of communication between businesses to send messages and invoices quickly. It further facilitates payments through in-app invoicing and reconciliation features.
Moomoo is an investment platform and mobile app offering commission-free brokerage accounts. In addition to stocks, the company features option contracts, margin trading and tools for analyzing assets with real-world data. Moomoo is based in the United States, with an office in Singapore.
AlphaSense has developed an AI-infused platform used by several global financial institutions. Its platform uses artificial intelligence and machine learning to analyze public company filings, news and equity research to help investors make informed business decisions.
