Best Banking Tech Companies in Singapore
The 110 best Banking Tech companies in Singapore in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Advance.
Singapore's Banking Tech sector has $1.9B in disclosed funding spread across 110 tracked companies, and two of them have already crossed unicorn status. That's a real concentration of capital for a city-state. Tyme leads the directory at $258M raised, followed by Tonik at $175M, and those two alone account for roughly 23% of the total pool. So when you're sizing up which players matter here, the funding gap between the top tier and the rest is worth your attention. The global banking tech market sits at approximately $9.5B in 2025, forecast to reach $17.0B by 2035 at a 13.7% CAGR, and Singapore's cluster is positioned squarely inside that growth curve, with data monetization and digital client acquisition driving the underlying demand.
What I find telling is the app-layer signal: median install growth across 953 banking and investment banking apps is running at roughly +23% YoY, which confirms the end-user pull isn't slowing. Stringent data privacy regulations shape how these companies build, especially for cross-border plays, and that compliance burden tends to favor well-capitalized operators over scrappier ones. As [open banking infrastructure keeps reshaping how customers interact with financial services](https://www.linkedin.com/pulse/open-banking-technology-transforming-industry-much-customers-xavier), the firms backed by investors like Insignia Ventures Partners and SC Ventures are the ones with the runway to meet that regulatory bar. The directory rankings here reflect disclosed equity funding and recent momentum, giving you the clearest available read on who's built to scale.
Our analysis of 50 Banking Tech companies
$7.7b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Banking Tech companies in Singapore
| # | Company | Revenue | Disclosed funding | Last round | Employees | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | TSLC Developer of an AI-powered technology transforming financial systems for underserved markets | $79M FY2024 | $225M | 54 mo ago | — | Venu Kumar Co-Founder & Chairman | — | 1 job opening |
| 2 | Advance 🦄 Provider of digital identity verification | $31M FY2023 | $330M | 57 mo ago | 1,500 | Dong Shou Co-Founder & Chairman | WordPressMySQLPHP+29 | 1 partnership |
| 3 | Tyme 🦄 Provider of digital banking services focused on emerging markets 74Funding top 26%Tech top 30%Moat top 31%Fin. health top 32% All 9 signals ▾Fundingtop 26% Techtop 30% Moattop 31% Fin. healthtop 32% Growthtop 37% Talenttop 38% Markettop 43% Globalbottom 42% Newsbottom 24% Funding: Raised $258M across 4 rounds · 4 rounds over 5 yrs (0.8/yr) Tech: 43 technologies across 5/8 capability areas · Cloud: Amazon Web Services, Vercel rank vs industry peers · Fliar Intelligence Index 74/100 | $26M FY2025 | $258M | 18 mo ago | — | David Pfaff Chief Executive Officer | WordPress Block EditorWordPressApple iCloud Mail+30 | 2 launchs |
| 4 | TONIK Provider of digital banking solutions for individuals 50Customers top 16%Funding top 26%Moat top 31%Market top 33% All 12 signals ▾Customerstop 16% Fundingtop 26% Moattop 31% Markettop 33% Newstop 36% Globaltop 42% Producttop 43% Talentbottom 49% Techbottom 45% Growthbottom 44% Fin. healthbottom 38% Innovationbottom 37% Customers: Play-Store rating 4.57★ across 146,397 ratings (1 apps) · Review volume +24% in 6 mo Funding: Raised $175M across 5 rounds · 5 rounds over 6 yrs (0.8/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $20M FY2023 | $175M | 6 mo ago | 398 | Todd M Esposito CFO | DrupalPHPBootstrap+18 | — |
| 5 | ANEXT Bank Provider of a digital platform for business banking and financial services | $19M FY2023 | $148M | 26 mo ago | — | Kai Qiu Deputy Chief Executive Officer and Chief Technology Officer | Facebook LoginAnt DesignReact+23 | 1 award |
| 6 | TrustingSocial Software for loan lifecycle management | $18M FY2023 | $84M | 40 mo ago | 17 | Tuyen Huynh Co-Founder & CTO | Apple iCloud MailGoogle WorkspaceAnt Design+14 | 2 partnerships |
| 7 | i-Sprint Online platform offering cloud-based authentication solutions | $18M FY2024 | $10M | 148 mo ago | 99 | Dutch Ng Co-Founder & CEO | WordPressMySQLPHP+24 | — |
| 8 | Tagit Provider of digital engagement solutions | $9M FY2022 | $9M | 121 mo ago | 230 | Sajjad Akhtar Co-Founder | WordPressZohoMySQL+33 | — |
| 9 | Tookitaki Provider of an AI-powered platform for financial crime risk management 74Innovation top 23%AI top 30%Funding top 37%Fin. health top 37% All 11 signals ▾Innovationtop 23% AItop 30% Fundingtop 37% Fin. healthtop 37% Producttop 37% Talenttop 38% Growthtop 40% Techtop 46% Globalbottom 48% Marketbottom 47% Newsbottom 21% Innovation: 6 product lines · Deep-tech classification: Artificial Intelligence AI: Classified as an AI company · Product described with: ai-powered rank vs industry peers · Fliar Intelligence Index 74/100 | $9M FY2023 | $20M | 20 mo ago | 120 | Jeeta Bandopadhyay Co-Founder & COO | HubSpot CMS HubApple iCloud MailGoogle Workspace+19 | — |
| 10 | SQREEM AI platform for enterprises to access consumer behavior data | $8M FY2023 | — | 93 mo ago | 170 | Ian Chapman-Banks Co-Founder & CEO | — | — |
| 11 | Moneythor Personal finance management solution for bank's customers | $6M FY2023 | — | 65 mo ago | 20 | Thibault Weintraub Co-Founder | WordPressMySQLPHP+21 | 1 partnership |
| 12 | Silent Eight AI-based fraud management platform | $5M FY2024 | $61M | 51 mo ago | 138 | Martin Markiewicz Co-Founder & CEO | Framer SitesReactAmazon Web Services+18 | — |
| 13 | Aspire Digital bank for businesses | $4M FY2022 | $201M | 40 mo ago | 400 | Joel Leong Co-Founder & Chief Strategy Officer | SentryApple iCloud MailGoogle Workspace+27 | — |
| 14 | Crayon Data Cloud based analytics solutions for businesses | $4M FY2023 | $5M | 103 mo ago | 186 | Aarti Ramakrishnan Co-founder & COO | WordPressMySQLPHP+17 | 1 launch |
| 15 | Active AI Provider of omnichannel conversational engagement solutions | $3M FY2023 | $15M | 69 mo ago | 86 | Parikshit Paspulati Co-Founder & CTO | — | — |
| 16 | Atlas Consolidated Provider of banking-as-a-service platform enabling financial institutions to launch digital services 57Growth top 12%Talent top 38%Fin. health top 44%Funding top 46% All 7 signals ▾Growthtop 12% Talenttop 38% Fin. healthtop 44% Fundingtop 46% Globaltop 46% Techbottom 48% Marketbottom 31% Growth: Revenue +142% YoY · Fresh capital in last 24 mo Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 57/100 | $2M FY2024 | $18M | 9 mo ago | — | Surya Tamada Co-Founder | PrismicNode.jsReact+10 | — |
| 17 | Wiz AI Provider of AI-powered platform enhancing customer and employee experiences 69Growth top 21%AI top 26%Talent top 28%Moat top 31% All 9 signals ▾Growthtop 21% AItop 26% Talenttop 28% Moattop 31% Fundingtop 33% Fin. healthtop 45% Marketbottom 43% Techbottom 39% Globalbottom 39% Growth: Revenue +730% YoY · Fresh capital in last 24 mo AI: Classified as an AI company · Product described with: ai-powered, generative ai rank vs industry peers · Fliar Intelligence Index 69/100 | $2M FY2021 | $58M | 7 mo ago | 156 | Tony Zhu Co-Founder & CTO | WordPressCart FunctionalityMySQL+18 | 1 launch · 1 award |
| 18 | Brankas Provider of open finance platform and banking-as-a-service application programming interfaces | $1M FY2022 | $20M | 55 mo ago | 139 | Todd Schweitzer Founder / CEO | Tailwind CSSGoogle CloudAlpine.js+15 | — |
| 19 | Ascent Business AI based bank reconciliation and escrow solutions for businesses | $1M FY2025 | — | 56 mo ago | 107 | Kundan Shekhawat Founder & CEO | ZohoPHPAnimate.css+24 | — |
| 20 | Mindigital Banking-as-a-Service platform | $752K FY2024 | $7M | 35 mo ago | — | Mickey Li CEO | — | — |
| 21 | One Infinity Provider of financial technology platform that connects financial institutions | $571K FY2024 | $90K | 44 mo ago | 19 | Anand Naik Co-Founder | Ant DesignNginxAmazon Web Services+1 | — |
| 22 | Finbots Ai Developer of a credit assessment platform for loan life cycle management | $428K FY2024 | $3M | 49 mo ago | 44 | Deeba Kazmi Co-Founder & Chief Data Scientist | WordPress Block EditorWordPressMySQL+28 | 1 award |
| 23 | SOCASH App-based platform for cash withdrawal | $272K FY2022 | $12M | 83 mo ago | 57 | Kottopadath Rekha Co-Founder | — | — |
| 24 | Credi Linq Developer of AI-enabled credit assessment and underwriting solutions for individuals and businesses | $75K FY2022 | $4M | 13 mo ago | 20 | Vikram Kotibhaskar Co-Founder | WordPressMySQLPHP+21 | 1 launch |
| 25 | GreenFi AI-powered ESG due diligence and risk assessment software 50Growth top 21%Talent top 38%Funding top 44%AI top 45% All 8 signals ▾Growthtop 21% Talenttop 38% Fundingtop 44% AItop 45% Globaltop 46% Techbottom 49% Fin. healthbottom 48% Marketbottom 19% Growth: Revenue +1377% YoY · Fresh capital in last 24 mo Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 50/100 | $26K FY2025 | $2M | 1 mo ago | — | Edwin Schoonbrood Co-Founder & COO | WordPressMySQLPHP+31 | 1 job opening |
| 26 | Inypay Banking as a service financial platform for banks | $17 FY2023 | $1M | 45 mo ago | 16 | Ramu Arivuvel Founder | — | — |
| 27 | iLex Provider of a loan syndication and trading platform | — | $11M | 22 mo ago | 34 | Bertrand Billon Founder & CEO | — | — |
| 28 | iPiD Developer of API-based payment acceptance solution for businesses | — | $9M | 24 mo ago | 52 | Damien Dugauquier Co-Founder & CEO | WebflowSentryMicrosoft Clarity+15 | — |
| 29 | GoBear Comparison portal of financial products | — | $97M | 72 mo ago | 165 | — | — | — |
| 30 | Numerical Technologies Provider of financial risk management software solutions | — | $4M | 36 mo ago | — | Masahiko Hirano Co-Founder | — | — |
| 31 | RootAnt Provider of SaaS-based investment platform for financial institution | — | $6M | 46 mo ago | 41 | Lincoln Yin Founder & CEO | — | — |
| 32 | Silot AI-enabled banking software suite and merchant banking solutions | — | $14M | 71 mo ago | 20 | Villence Yu Co-Founder & COO | — | — |
| 33 | Bizbaz Provider of business intelligence solutions | — | $4M | 44 mo ago | 14 | Vincent Choy Co-Founder & Cbdo | — | 1 partnership |
| 34 | Flow Tech AI AI-enabled debt collection solutions | — | $12M | 69 mo ago | 75 | — | WordPressMySQLPHP+17 | — |
| 35 | CredoLab Credit assessment & decisioning solutions provider | — | $10M | 70 mo ago | 46 | Adrian Chng Co-Founder & Board Member | WebflowGSAPMicrosoft Clarity+22 | — |
| 36 | CCRManager Online platform for secondary trade finance | — | $9M | 73 mo ago | 8 | Shen Yiwen | — | — |
| 37 | Kudo Money Blockchain-based network for the metaverse | — | $4M | 53 mo ago | 5 | Tejas Thole Co-Founder & CEO | — | — |
| 38 | Percipient BI platform with data integration capability from multiple sources | — | $6M | 71 mo ago | 8 | Navin Suri Founder & CEO | — | — |
| 39 | Jewel Paymentech Payment & fraud risk management solution | — | $1M | 99 mo ago | 30 | — | — | — |
| 40 | ConfirmU Alternative credit score for risk profiling to institutions | — | $150K | 44 mo ago | 10 | Nemmara Chithambaram Co-Founder | ReactNginxMicrosoft 365+3 | — |
| 41 | Kashmi Aggregator of energy efficiency resources for wholesale energy markets | — | $530K | 126 mo ago | 11 | — | — | — |
Top 12 Banking Tech companies in Singapore
#1
Series B · Singapore, Singapore · founded 2018 · 398 employees$175Mraised▾
Provider of digital banking solutions for individuals. It offers multiple services including money transfers, cash withdrawals, bill payments, online and offline purchases, loans, and savings accounts. It also features a dashboard that allows users to monitor their transactions. Its application is available on Android and iOS platforms.
- Dec 2025Series B$12M
- Feb 2022Series B$131M
- May 2021Series A$17M
- Jun 2020Series A$21M
#2
Series B · Singapore, Singapore · founded 2019 · 156 employees$58Mraised▾
Provider of AI-powered platform enhancing customer and employee experiences. The platform offers virtual agents and generative AI applications. It facilitates automated customer interactions. The platform uses voice and generative AI technologies. The company provides domain expert services, ensuring a customized fit for each customer.
- Nov 2025Series B—
- Jun 2022Series B$30M
- Jan 2022Series A$20M
- Sep 2020Seed—
#3
Tyme 🦄Series D · Singapore, Singapore · founded 2012$257.8Mraised▾
Provider of digital banking services focused on emerging markets. The company offers technology and product development to in-country banks. It designs banks for markets undergoing rapid transformation. The company utilizes a banking platform for multiple countries.
- Dec 2024Series D$250M
- Dec 2023Series C—
- May 2023Series B$77.8M
- Dec 2021Series B$70M
#4
Seed · Singapore, Singapore · founded 2021$2Mraised▾
AI-powered ESG due diligence and risk assessment software. It automates and simplifies ESG processes, enabling organizations to make data-driven decisions about sustainable finance, supply chain management, and regulatory compliance. It enables real-time detection of ESG events, risk factors, and opportunities. It examines the ESG aspects of a business, its customers, portfolio, transactions, investments, and suppliers.
- May 2026Grant (prize money)—
- Nov 2025Seed$2M
- Apr 2025Seed—
#5
Series B · Singapore, Singapore · founded 2019$18.1Mraised▾
Provider of banking-as-a-service platform enabling financial institutions to launch digital services. The platform supports financial inclusion and helps modernize infrastructure without overhauling existing systems. It allows financial institutions to create efficient and sustainable systems. The company offers solutions that blend problem-solving, collaboration, and client focus.
- Aug 2025Series B$18.1M
#6
Acquired · Singapore, Singapore · founded 2012 · 120 employees$20.4Mraised▾
Provider of an AI-powered platform for financial crime risk management. The platform offers transaction monitoring, screening, onboarding risk assessment, and customer risk scoring. It features alert prioritization, case management, and collaborative intelligence tools. The platform helps organizations to detect financial crime risks and maintain compliance.
- Oct 2024Series A—
- Nov 2019Series A$11.7M
- Mar 2019Series A$7.5M
- May 2018Seed—
#7
Unfunded · Singapore, Singapore · founded 2022$148.2Mraised▾
Provider of a digital platform for business banking and financial services. It provides users with a banking platform tailored for small and medium-sized enterprises (SMEs). The bank offers a range of products and services, including business loans, accounts, and more, designed to empower SMEs across various industries.
#8
Series A · Singapore · founded 2021 · 20 employees$3.6Mraised▾
Developer of AI-enabled credit assessment and underwriting solutions for individuals and businesses. It also provides portfolio management across borrowers and the portfolio for distribution and scaling. It features ESG screening for borrowers and is in compliance with UN Principles.
- May 2025Series A$8.5M
- Feb 2023Seed—
- Jul 2022Seed$2.6M
- May 2022Seed—
#9
Series C · Singapore, Singapore · founded 2018 · 400 employees$200.8Mraised▾
Digital bank for businesses. Its services include current accounts, NFC-enabled prepaid cards, money transfers, cash withdrawals, and more. It provides a business line of credit. It also provides financial tools to SMEs in order to solve cash flow management and working capital needs. The application is available on the Android and iOS platforms.
- Feb 2023Series C$100M
- Sep 2021Conventional Debt$100M
- Sep 2021Series B$58.6M
- Jul 2019Series A$32.5M
#10
Seed · Singapore, Singapore · founded 2019 · 34 employees$11Mraised▾
Provider of a loan syndication and trading platform. It offers integrated solutions connecting markets, people, and intelligence through a secure and collaborative workspace. The platform facilitates end-to-end loan distribution, managing deals throughout their lifecycle, from origination to closing in both primary and secondary markets. It aims to improve liquidity, efficiency, and transparency in the loan market by automating processes and consolidating data. The platform prioritizes deal confidentiality and data security with robust encryption and security controls.
- Jul 2024Seed$2.5M
- Mar 2023Seed$4.5M
- Jun 2020Seed—
#11
Advance 🦄Series D · Singapore, Singapore · founded 2016 · 1500 employees$330Mraised▾
Provider of digital identity verification. It provides eKYC, data solutions to easily configurable end to end workflows. It provides digital transformation, fraud prevention, and process automation solutions for enterprise clients. Its products include ID document recognition for document verification, ID Card masking for identity management, and more. It provides solutions for identity verification, video and facial based verification, cloud based deployment solutions, and more.
- Sep 2021Series D$200M
- Sep 2019Series C$80M
- Jul 2018Series B$50M
#12
Series B · Singapore, Singapore · founded 2016$225Mraised▾
Developer of an AI-powered technology transforming financial systems for underserved markets. The company focuses on making financial inclusion scalable through its technology. It aims to provide opportunities for individuals by revolutionizing access to money. The company is customer-centric, with the goal of improving lives.
- Dec 2021Series B$200M
- Nov 2021Series A$25M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Banking Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.