Best Digital Remittance Companies in Singapore, Singapore
The 59 best Digital Remittance companies in Singapore, Singapore in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: NIUM.
Singapore's Digital Remittance sector has real money behind it. Our directory tracks 59 companies with $989M in total disclosed funding, and two of them have crossed unicorn status. Nium leads at $312M raised, Thunes follows at $212M, and together those two firms account for over half the sector's entire capital pool. That concentration tells you something about where conviction lives. The global market sat at $21.2B in 2022 and is forecast to reach $37.9B by 2027, a 15.6% CAGR, driven by smartphone penetration, growing migrant populations, and pressure to cut transfer costs and times.
So what's the catch? Regulatory friction and cybersecurity risk are the structural headwinds every operator here has to price in. Fraud exposure is real, and compliance overhead isn't shrinking. As recent analysis on digital remittance momentum makes clear, the corridor opportunity is significant but the infrastructure demands are equally serious. I'd note that smaller filers like YouTrip ($106M) and TazaPay ($22M) are still pulling meaningful funding despite that environment. The rankings below sort by disclosed equity funding and recent momentum, so you're looking at verified capital, not headlines.
- Fact.MR
- ResearchAndMarkets.com
Ranked: Best Digital Remittance companies in Singapore
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Market signals (1y) | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | NIUM 🦄 Cross-border money transfer solutions for businesses 76Funding top 26%Moat top 26%Fin. health top 27%Market top 30% All 12 signals ▾Fundingtop 26% Moattop 26% Fin. healthtop 27% Markettop 30% Talenttop 32% Partnerstop 35% Techtop 36% Globaltop 36% Innovationtop 37% Producttop 43% Newstop 49% Growthbottom 44% Funding: Raised $312M across 9 rounds · 9 rounds over 11 yrs (0.8/yr) Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 76/100 | $312M | 25 mo ago | 449 449 → 1,066 (+137%) | Michael Bermingham Co-Founder & CBO | Apple iCloud MailMicrosoft 365Zoho+29 | 7 signals ▼68% Leadership · Regulatory | 1 award |
| 2 | Thunes 🦄 Cross-border payment infrastructure provider 87Funding top 24%Fin. health top 25%Product top 25%Moat top 26% All 12 signals ▾Fundingtop 24% Fin. healthtop 25% Producttop 25% Moattop 26% Innovationtop 28% Markettop 29% Growthtop 30% Techtop 34% Globaltop 37% Talenttop 38% Newstop 39% Partnersbottom 35% Funding: Raised $212M across 5 rounds · 5 rounds over 7 yrs (0.7/yr) Fin. health: Revenue ~$53.6M · Revenue +74% YoY rank vs industry peers · Fliar Intelligence Index 87/100 | $212M | 14 mo ago | 350 | Peter Caluwe Co-Founder & CEO | WordPressMySQLPHP+31 | 24 signals New product · Leadership · Contracts | — |
| 3 | Seamless Group Provider of financial services for consumers | $115M | 106 mo ago | — | Takis Wong Co-Founder | — | — | — |
| 4 | YouTrip NFC-enabled travel cards and multi-currency wallet transfer service for travelers | $106M | 32 mo ago | 150 | Arthur Mak Co-Founder | WordPressApple iCloud MailGoogle Workspace+38 | — | 1 launch · 1 award |
| 5 | Lightnet Money transfer solution over blockchain networks | $81M | 44 mo ago | 62 | Tom Sudchai Co-Founder | WebflowThree.jsAmazon Web Services+13 | — | 1 job opening · 1 partnership |
| 6 | Evonet Global Cross-border money transfer solutions and wallet network aggregator | $30M | 67 mo ago | 5 | — | — | — | 1 expansion |
| 7 | Fastacash Payments via social networking sites | $24M | 131 mo ago | 44 | Vince Tallent Chairman and Chief Executive Officer | — | — | — |
| 8 | TazaPay A cross-border payment solution that enables businesses to collect, hold, and pay seamlessly across… 76Growth top 18%News top 19%Talent top 28%Tech top 32% All 11 signals ▾Growthtop 18% Newstop 19% Talenttop 28% Techtop 32% Innovationtop 33% Fundingtop 34% Fin. healthtop 34% Producttop 39% Moattop 48% Globalbottom 45% Marketbottom 44% Growth: Revenue +223% YoY · Fresh capital in last 24 mo News: 6 BI events in 12 mo (of 19 tracked, 5 types) · +500% YoY rank vs industry peers · Fliar Intelligence Index 76/100 | $22M | 3 mo ago | 50 | Saroj Mishra Co-Founder | WebflowAmazon Web ServicesPayPal+18 | 6 signals ▲500% Funding | 1 award |
| 9 | Zippie Wallet solution for making remittance transfers | $19M | 102 mo ago | 24 | Pasi Rusila Co-Founder & COO | — | — | — |
| 10 | DT One Mobile carrier focused services provider | $15M | 49 mo ago | 196 | Peter Caluwe CEO | Apple iCloud MailGoogle WorkspaceZoho+17 | — | — |
| 11 | FlexM Modular platform for banking, payments, remittance, and compliance 62Growth top 28%Customers top 32%Product top 33%Innovation top 34% All 11 signals ▾Growthtop 28% Customerstop 32% Producttop 33% Innovationtop 34% Talenttop 35% Moattop 48% Fundingtop 49% Techtop 50% Marketbottom 46% Globalbottom 45% Newsbottom 21% Growth: Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo Customers: App rating 4.0★ (296 reviews) rank vs industry peers · Fliar Intelligence Index 62/100 | $13M | 9 mo ago | 127 | Naveed Weldon Co-Founder & CEO | WebflowZohocore-js+23 | — | — |
| 12 | iPiD Developer of API-based payment acceptance solution for businesses | $9M | 25 mo ago | 52 | Damien Dugauquier Co-Founder & CEO | WebflowSentryMicrosoft Clarity+15 | — | — |
| 13 | SingX Cross-border money transfer platform | $7M | 106 mo ago | 42 | — | TypeScriptBootstrapAnt Design+19 | — | 1 expansion |
| 14 | InstaReM Cross-border money transfers for businesses and individuals | $5M | 91 mo ago | 501 | Mike Bermingham Co-Founder | WordPressZohoMySQL+24 | — | 1 partnership · 1 award |
| 15 | Numoni Cross-border money transfer solutions | $5M | 131 mo ago | — | Norma Sit Founder & CEO | — | — | — |
| 16 | PEXX Crypto-enabled cross-border remittance solution for individuals and businesses 42Tech top 32%Growth top 37%Moat top 48%Customers top 49% All 9 signals ▾Techtop 32% Growthtop 37% Moattop 48% Customerstop 49% Talentbottom 49% Fundingbottom 45% Productbottom 40% Marketbottom 36% Globalbottom 32% Tech: 33 technologies across 6/8 capability areas · Cloud: Amazon Web Services, Cloudflare Growth: 1 acquisition/expansion move in 24 mo · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 42/100 | $4M | 7 mo ago | — | Marcus Lim Co-Founder & CEO | Node.jsThree.jsChakra UI+21 | — | — |
| 17 | MoolahGo Online platform for P2P currency exchange and cross-border money transfer | $4M | 57 mo ago | 11 | Audrey Van Houten Co-Founder | Cart FunctionalityWooCommerceWordPress+26 | — | 1 launch · 1 award |
| 18 | Wallet Engine White-labeled wallet for businesses | $2M | 54 mo ago | 5 | Arish Khajotia Co-Founder | — | — | — |
| 19 | Toast Me Cross-border money transfer platform | $2M | 116 mo ago | 3,000 | — | — | — | — |
| 20 | Everex Blockchain-based microfinance and remittance platform | $500K | 106 mo ago | 11 | — | — | — | — |
| 21 | TranSwap Cross-border payment and money transfer platform for businesses and individuals | $200K | 69 mo ago | 52 | Wong Seng Founder & CEO | Webflow EcommerceWebflowcore-js+17 | — | — |
| 22 | Aleta Planet Cross-border payments acceptance and exchange solutions for merchants and financial institutions | — | 23 mo ago | 37 | — | WordPressMySQLPHP+26 | — | 1 launch |
| 23 | SUNRATE Provider of payment and treasury management solutions for businesses | — | 36 mo ago | 500 | Paul Meng Co-Founder | WordPressMySQLPHP+11 | 13 signals ▲225% Regulatory · M&A · New product | 1 partnership |
Top 12 Digital Remittance companies in Singapore
#1
Series B · Singapore, Singapore · founded 2020 · 50 employees$21.9Mraised▾
A cross-border payment solution that enables businesses to collect, hold, and pay seamlessly across international borders. It is offering a range of payment methods and a secure solution for global transactions. The platform supports diverse payment options, including cards and local payment methods, and empowers businesses to expand their cross-border reach. With its secure and compliant infrastructure, it facilitates global money movement for businesses.
- Mar 2026Series B$36M
- Aug 2025Series B—
- Feb 2023Series A$16.9M
- Mar 2021Seed$1.8M
#2
Thunes 🦄Series D · Singapore, Singapore · founded 2016 · 350 employees$212Mraised▾
Cross-border payment infrastructure provider. It offers a global payment network enabling businesses to send and receive payments internationally. Services include payments to and from mobile wallets, banks, and via other methods. The platform facilitates seamless integration through APIs, optimizing payment flows for various markets. It serves money transfer operators, payment service providers, and various other businesses needing international payment capabilities. The infrastructure is designed for fast, traceable, and cost-effective transactions.
- Apr 2025Series D$150M
- Mar 2023Series C$72M
- May 2021Series B$60M
- Sep 2020Series B$60M
#3
Series A · Singapore, Singapore · founded 2014 · 127 employees$13.4Mraised▾
Modular platform for banking, payments, remittance, and compliance. It offers pre-built components designed for digital banking, money transfer, and payment embedding. It also provides tools for regulatory compliance management. The platform’s architecture allows users to select features across different products. It offers APIs to facilitate application development and solution building.
- Oct 2025Series A—
- Mar 2024Series A$12.5M
- Nov 2016Seed$866K
#4
Seed · Singapore, Singapore · founded 2024$4.5Mraised▾
Crypto-enabled cross-border remittance solution for individuals and businesses. It is a financial technology company that enables the transfer of stablecoins, such as USDT and USDC, directly to bank accounts around the world. It focus on transforming the landscape of cross-border money transfers and payments.
- Dec 2025Seed—
- Jul 2024Seed$4.5M
#5
NIUM 🦄Series E · Singapore, Singapore · founded 2014 · 449 employees$312.5Mraised▾
Cross-border money transfer solutions for businesses. It provides tools to assist in sending, receiving, and making payments. It offers remittance-as-a-service technology to businesses in the fin-tech, travel, e-commerce, and banking sectors. It also offers APIs to support reporting, tracking, book-keeping, reconciliation, invoicing, and compliance solutions.
- Jun 2024Series E$50M
- Feb 2022Series D$3M
- Jul 2021Series D$200M
- May 2020Series C—
#6
Series B · Singapore, Singapore · founded 2018 · 150 employees$105.5Mraised▾
NFC-enabled travel cards and multi-currency wallet transfer service for travelers. It can be recharged via credit/debit cards. It can be used for online/offline purchases, bill payments, and cash withdrawals. The wallet can be used for managing transactions of the card, in-store payments, and online payments. The wallet can be accessed through the app that is available on iOS and Android devices.
- Oct 2023Series B$50M
- Nov 2021Series A$30M
- May 2019Seed$25.5M
#7
Series B · Singapore, Singapore · founded 2018 · 62 employees$81.2Mraised▾
Lightnet provides money transfer solutions over blockchain networks. It provides a decentralized network enabling cross-border money transfer solutions through cryptocurrencies. It utilizes the Velo protocol to facilitate remittance transactions for underbanked banking transactions.
- Nov 2022Series B—
- Aug 2022Series B$50M
- Jan 2020Series A$31.2M
#8
Seed · Singapore, Singapore · founded 2021 · 52 employees$8.6Mraised▾
Developer of API-based payment acceptance solution for businesses. It acts as a data orchestrator and enables global payments based on a phone number, email address, Facebook ID, QR code, and other aliases. This means banks and payment fintech businesses will be able to offer their customers a more intuitive and secure experience at the same time as improving operational efficiency and reducing costs.
- Jun 2024Seed$5.3M
- Aug 2022Seed$3.3M
#9
Series A · Singapore, Singapore · founded 2013$115Mraised▾
Provider of financial services for consumers
- Sep 2017Series A$115M
#10
Late Stage · Singapore, Singapore · founded 2005 · 196 employees$15Mraised▾
Mobile carrier focused services provider
- May 2022PE$15M
#11
Series A · Singapore, Singapore · founded 2020 · 5 employees$30Mraised▾
Provider of financial services based in Singapore. The company provides digital financial services such as digital wallet, electronic payment, transfer and debit facilities, enabling clients to avail online payment services and digital financial platform.
#12
Acqui-Hired · Singapore, Singapore · founded 2012 · 44 employees$23.5Mraised▾
Fastacash provides a global social payments platform which allows users to transfer value (money, airtime and other tokens of value) along with digital content (photos, videos, audio and messages) 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. The API can be linked to banks, mobile operators, remittance companies to socialize their payment service.
- Jul 2015Series B$15M
- Jun 2014Series A$4M
- Oct 2013Series A$3M
- 2012Seed$1.5M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Digital Remittance coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Digital Payments is moving in Singapore
A read on the academic research around Digital Payments — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 102 Singapore-affiliated papers.
- University of Malaya25
- Nanyang Technological University24
- National University of Singapore19
- Singapore Management University10
- Ministry of Health7
- Payment system9
- Computer security6
- Mobile payment5
- Database transaction4
- Usability3
- Mobile payment5→16
- Cash1→9
- Mobile device3→7
- Payment system3→4
- Mobile payment11
- Financial inclusion5
- Payment system4
- Financial services4
- Payment service provider3
Where digital payments is researched across Singapore
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
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.