Top 15 Leading Fintech Companies Singapore to Watch

PayPal

PayPal stands as a global leader in digital payments. Founded in 1998, the company has successfully revolutionized online financial transactions, aiming to provide secure and efficient services for both consumers and businesses. Its robust two-way network connects millions of merchants and consumers globally.

PayPal operates in over 200 markets and supports transactions in 25 currencies. It serves a diverse user base. This wide reach makes it easier for Singaporeans to transact than ever, especially as Singapore is a bridge from developed economies to emerging ones.

PayPal reported a total payment volume of $1.53 trillion by 2023. This figure reflects the company’s dominant position in the fintech industry. Despite being a global entity, PayPal’s influence and value as one of the fintech companies Singapore contributes significantly to the local fintech scene.

• Fintech niche: Digital payments
• Total equity funding: $216 million

Grab Financial Group

Grab Financial Group (GFG) is the fintech arm of Grab Holdings, Southeast Asia’s leading super app. It also plays as the key name of fintech companies Singapore’s ecosystem. Founded in 2018, GFG aims to empower the unbanked and underbanked populations by providing accessible financial services.

GFG’s comprehensive suite of financial products includes digital payments, micro-investments, insurance, and loans for merchants.

GFG’s integration into Grab’s overall ecosystem also creates a major opportunity for consumers, drivers, merchants, and businesses to easily access these services. The company’s innovative approaches and strategic partnerships have cemented its position as a key player in the region’s fintech landscape, and accelerated financial inclusion across Southeast Asia.

• Fintech niche: Digital payments, micro-investments, insurance, merchant loans
• Total equity funding: Over US$300 million

FOMO Pay

FOMO Pay, founded in 2015, is a leading financial banking institution as one of fintech companies Singapore. The company focuses on developing digital banking and payment solutions. It connects finance with digital currency into a unified and convenient whole for users with a comprehensive suite of fintech services.

The platform facilitates seamless transactions for merchants and corporations. In 2022, FOMO Pay raised $13 million in Series A funding. Investors include prestigious names including Jump Crypto, HashKey Capital, and Republic Capital.

• Fintech niche: Digital payment solutions and digital banking services
• Total equity funding: $13 million

OKX

OKX, founded in 2017 by Star Xu, is a Seychelles-based cryptocurrency exchange known for its innovative financial services in the list of fintech companies in Singapore. It eases the trading of a wide range of digital assets, including Bitcoin and Ethereum, and serves millions of consumers in over 100 countries.

OKX’s commitment to innovation is evident in its diverse services such as sports and derivatives trading, an NFP marketplace, and a comprehensive crypto wallet. The exchange’s robust infrastructure and user-centric approach have made it a leader in the global cryptocurrency market.

In 2024, OKX Ventures, the investment arm of OKX, also allocated over $100 million to over 60 projects and funds. This is an affirmation of OKX’s move to drive innovation in the blockchain industry.

• Fintech niche: Cryptocurrency exchange and blockchain services
• Total equity funding: Not public

Nium

Nium, founded in 2014, has emerged as a leader in cross-border payments. The company provides real-time payment solutions in nearly 200 countries, serving both businesses and financial institutions. Nium’s core services include pay-ins, pay-outs, card issuance, and banking-as-a-service.

Nium’s platform supports transactions in over 90 currencies. This capability facilitates seamless financial operations across the globe.

The potential of this one of fintech companies Singapore has also been seen by many investors over the long term. In July 2021, Nium raised over US$200 million in a Series D funding round led by Riverwood Capital, achieving unicorn status with a valuation exceeding US$1 billion. Then, in June 2024, the company successfully raised an additional $50 million in a Series E round, bringing its valuation to $1.4 billion.

• Fintech niche: global real-time payments, card issuance
• Total equity funding: over US$312 million

Atome Financial

Atome Financial is a subsidiary of Advance Intelligence Group. Since its inception in 2016, it has established itself as a leader in digital consumer financing.

The company specializes in “buy now, pay later” (BNPL) services. Its main purpose is to facilitate flexible payment options for consumers across various markets. Seamlessly operating in 5 markets including Singapore, Atome Financial has achieved a Gross Merchandise Value (GMV) of USD 2.5 billion, reflecting the company’s significant presence in the market.

In February 2025, Atome Financial secured an $80 million credit facility from a private credit fund managed by BlackRock and venture debt provider InnoVen Capital. Its expansion plans in Southeast Asia will be supported more strongly than ever to deliver a seamless payment experience.

• Fintech niche: BNPL 
• Total equity funding: US$31 million

2C2P

2C2P is a leading payment platform as one of fintech companies Singapore. Founded in 2003 by Aung Kyaw Moe, the company specializes in comprehensive payment processing solutions for e-commerce and m-commerce businesses. 2C2P focuses its core strength on its extensive network, supporting more than 250 payment methods across more than 45 currencies. It has the ability to enable businesses to accept payments quickly, seamlessly, and in a variety of forms.

Its customers include global businesses such as Lenovo, ThaiAirways, and AirAsia. This list reflects the company’s strength and reliability in providing services.

• Fintech niche: payment processing, gateway sector
• Total equity funding: US$70 million

Trust Bank

Trust Bank, founded in 2022, has quickly become Singapore’s largest digital bank. It emerged from a strategic alliance between Standard Chartered and FairPrice Group.

Operating under a Full Bank license from the Monetary Authority of Singapore (MAS), Trust Bank differentiates itself from other digital banks with limited to Digital Bank licenses. It offers a complete suite of digital services including savings accounts, credit cards, and personal accident insurance.

The innovative strategies that characterize the way Trust Bank operates have resonated with consumers and led to rapid growth. By 2023, this one of Singapore fintech companies had over 500,000 customers, representing about 10% of Singapore’s adult population. This growth trajectory has continued, and by February 2025, its customer base had surpassed 1 million. Despite being a relatively new entrant, Trust Bank has quickly become the fourth-largest retail bank in Singapore by customer count.

• Fintech niche: fully digital banking services
• Total equity funding: approximately S$400 million

Futu Holdings (Moomoo)

Futu Holdings is an online brokerage firm founded in 2012 as one of fintech companies Singapore. It operates core trading platforms such as Futubull and Moomoo. They serve clients across multiple continents and territories, across the United States, Australia, and Japan.

Futu Holdings’ financial performance has been strong. As of Q3 2024, the company recorded a significant increase in the number of users: paying clients increased by 33.1%, and total users rose by 48.1%. Trading volume increased by a significant 74.7% during the same period and is expected to continue to grow strongly in the following quarters.

Futu Holdings has also leveraged strategic partnerships to maintain its market position. The one of top fintech companies Singapore partnered with Nasdaq in early 2024 to provide users with access to Nasdaq Level 2 TotalView live quotes. One perk: users will quickly gain deeper insights into the market instead of having to pay a huge additional fee or waste time finding official sources of information.

• Fintech niche: Online brokerage and trading platforms
• Total equity funding: Not public

Red Dot Payment

Red Dot Payment, founded in 2011 by Randy Tan, is on a mission to enable digital transactions with a secure and scalable payment gateway. The company builds a robust infrastructure that enables every customer, including large enterprises, to process credit card transactions online with confidence and reliability. 

The company’s platform enhances payment security while maintaining seamless integration with merchants. In 2019, a landmark acquisition brought this one of fintech companies Singapore into PayU’s global network. The US$65 million deal accelerated the company’s innovation and capabilities. Red Dot Payment expanded its ecosystem and tied up with an international financial powerhouse.

• Fintech niche: Online payment solutions
• Total equity funding: US$6.2 million over 3 rounds from 7 investors

Singlife with Aviva

Singlife, formerly known as Singapore Life, stands out among the large number of fintech companies Singapore. Founded in 2017, the company emerged as the first local insurer licensed by the Monetary Authority of Singapore. The launch of Singlife marks a milestone in its commitment to innovation and steady progress in the insurance sector.

In 2020, it merged with Aviva Singapore. This event created a powerhouse valued at S$3.2 billion. This integration has created a comprehensive suite of financial products including life insurance, insurance solutions, and health coverage. With its market position further consolidated, Singlife with Aviva is well placed to accelerate its mission of simplifying insurance through innovation and digital acceleration.

Several strategic moves have also been made by Singlife with Aviva. In 2023, Sumitomo Life acquired a major stake, valuing Singlife at S$4.6 billion. The partnership and complementarity are a solid stepping stone for Singlife to continue to push the boundaries in digital-first financial services.

• Fintech niche: Insurtech
• Total equity funding: Not public

bolttech

bolttech is a Singapore-based insurtech company that has been rapidly rising in the context of the global insurance industry moving towards technology. Launched in 2020, bolttech has rapidly expanded its footprint in more than 35 markets spanning 4 continents. It aims to become one of the fintech companies Singapore with the largest scale and coverage globally.

bolttech’s services are impressive in its embedded insurance platform. It has the ability to seamlessly integrate into various business ecosystems. Its smart approach facilitates the distribution of personalized insurance products to maximize user experience.

In December 2024, bolttech successfully completed a Series C funding round worth in excess of US$100 million, led by Dragon Fund along with investors such as Baillie Gifford and Lion River of Generali. The investment values ​​the company at US$2.1 billion and underscores the business’s strong growth trajectory.

• Fintech niche: insurtech
• Total equity funding: US$593 million over 8 rounds from 18 investors

Validus

Established in 2015, Validus is Singapore’s leading SME financing platform. Leveraging strategic partnerships, cutting-edge technology, and AI-powered data analytics, Validus delivers accessible and effective financing solutions to SMEs.

Validus’ diverse offerings include invoice financing, purchase order financing, working capital loans, and supply chain financing. These options are well received by many SMEs who recognize that the core offerings of one of fintech companies Singapore enable them to maximise growth through a variety of financing options. The platform also maintains a high customer retention rate, with 90% of its customers being returning borrowers.

Validus has achieved significant milestones, including surpassing S$5 billion in total funds disbursed across over 50,000 loans to small businesses in Singapore, Vietnam, Indonesia, and Thailand.

• Fintech niche: peer-to-peer (P2P) lending sector
• Total equity funding: approximately $75 million

MatchMove

MatchMove is one of the prominent names in fintech companies Singapore. Founded in 2009, it specializes in digital payments and next-generation banking services with headquarters in Singapore. 

At MatchMove, customers get to experience a proprietary banking wallet operating system with enabled functions like ‘Spend, Send, Lend’ in any app. They increase user engagement and loyalty sustainably over a long period of time.

• Fintech niche: embedded finance sector, focusing on digital payments and banking-as-a-service solutions.
• Total equity funding: approximately $151 million over 8 rounds

Revolut

Revolut has rapidly grown to become one of the leading fintech companies globally since its founding in 2015. Its Singapore subsidiary, Revolut Technologies Singapore Pte. Ltd., is regulated by the Monetary Authority of Singapore (MAS) and holds a Major Payment Institution license.

This strategic status underscores Revolut’s commitment to creating and delivering innovative financial solutions within a robust regulatory framework. Its core portfolio includes multi-currency accounts, seamless international money transfers, and cryptocurrency trading capabilities. Its focus on user-centric design and advanced technology integration positions Revolut as a distinct niche within the fintech companies Singapore ecosystem.

In 2023, Revolut reported a remarkable revenue of £1.80 billion, reflecting a 95% increase year-on-year. This significant growth trajectory has continued to increase since being complemented by a net profit of $428 million, marking the company’s third consecutive year of profitability.

• Fintech niche: all-encompassing financial super-app model
• Total equity funding: about 1.56 billion pounds

Regulatory mastery

Monetary Authority of Singapore (MAS) sets strict compliance standards for the financial industry. Singapore fintech companies regulate their operations under structured regulations to maintain credibility. Legal transparency attracts institutional investors and high-net-worth clients. This is also the foundation to prove that they do not use money laundering measures. The balance between innovation and control strongly reinforces long-term stability.

Deep technology integration

High technology serves as the backbone of every successful fintech company. Artificial intelligence (AI) is set to explode in 2025. It will transform and enhance risk assessment models. Meanwhile, blockchain will revolutionize elements of digital banking security, and machine learning will improve fraud detection to make financial transactions safer. Proficiency and rapid integration of technology across the entire operational process are key foundations for top fintech companies Singapore to quickly lead the industry.

Public and private sector synergy

Fintech companies Singapore do not succeed in isolation; sustainable collaborations are a powerful driver of their growth. Thanks to initiatives backed by the Singapore government, they can access valuable testing environments such as the MAS Fintech Regulatory Sandbox.

Cross-border alliances also simplify regulatory compliance. Further supported by investments in infrastructure, fintech companies also possess the technological capabilities to scale efficiently. A vibrant ecosystem is sure to build a strong future of innovation in the fintech industry.

Financial inclusion

By introducing alternative credit scoring models, fintech companies Singapore open up lending opportunities for underserved borrowers. Likewise, micro-financing platforms democratize wealth accumulation. This allows smaller investors to participate in the market.

At the same time, embedded finance seamlessly integrates banking into non-financial platforms, thereby expanding the range of services. AI-powered advisory tools also further personalize financial decision-making. These inclusive strategies reshape fintech engagement on an unprecedented scale.

Talent investment

The success of fintech companies depends not only on technology, but also on expertise. The most competitive fintech companies attract global talent from financial centers and push them to upgrade their expertise.

Through continuous training programs and expanding the boundaries of talent selection, fintech companies Singapore steer employees to continuously hone their expertise and stay ahead of market changes. By investing in a knowledgeable workforce, the leading ones maintain their dominance even in a changing landscape.