Industry landscapes
Industry report

Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE SINGAPORE EDITION 2026

Singapore’s
fintech industry,
in focus.

The companies, capital and talent shaping fintech in Singapore. Find the leaders. Understand the segments. See where the activity is.

Snapshot: Funding in USD
Illustrated cover for Fintech Industry Landscape of Singapore
SG
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Fintech illustration
MEET THE COMPANIES

Explore Singapore’s fintech leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

Expand panel +
Fintech company highlights in Singapore, snapshot 31 August 2026
Company
Grabgrab.com$10.74B82
Codacoda.co$710M
Bolttechbolttech.io$690.2M1,500
Atomeatome.sg$631M601
Tymetyme.com$507.8MFinancial figure available in RadarView in Radar
Advance Intelligence Groupadvancegroup.com$480M1,690
Thunesthunes.com$352M350Financial figure available in RadarView in Radar
Advanceadvance.ai$330M1,500
YouTripyou.co5 roles150
Mindigitalmindigitalgroup.com4 roles
Oleaolea.net4 roles42
Syfesyfe.com4 roles148
TazaPaytazapay.com4 roles50
360tf360tf.trade3 roles34
Koinlykoinly.io3 roles59
Silent Eightsilenteight.com3 roles138
Alipayalipayplus.com
Azentioazentio.com1,499
Coda Paymentscodapayments.com500Financial figure available in RadarView in Radar
DT Onedtone.com196Financial figure available in RadarView in Radar
GXSgxs.com.sg202
NIUMnium.com449Financial figure available in RadarView in Radar
SUNRATEsunrate.com500Financial figure available in RadarView in Radar
TONIKtonikbank.com398Financial figure available in RadarView in Radar
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only
THE KEY SIGNALS

Fintech industry KPIs in Singapore

A few useful ratios bring the size of this ecosystem into perspective.

31 August 2026
Hiring participation5.6%

70 of 1,239 tracked companies have open roles.

Funding participation22.4%

277 of 1,239 tracked companies have a recorded round.

Top 3 funding share62.5%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$5.9M

Midpoint of 403 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 62.5% of disclosed capital, while 77.6% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Singapore fintech has grown

Recorded company formation and disclosed funding across the complete annual series shown.

Expand panel +
2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Singapore fintech
$0$974.96M$1.95B$2.92B$3.9B2016: $795.9M20162017: $2.77B20172018: $3.42B20182019: $2.56B20192020: $1.5B20202021: $2.9B20212022: $1.58B20222023: $1.03B20232024: $945.56M20242025: $646.1M2025
View the numbers
Annual fintech funding and company formation in Singapore
YearFunding (USD)FoundedRaising
2016$795.9M8720
2017$2.77B8826
2018$3.42B10129
2019$2.56B10926
2020$1.5B10236
2021$2.9B12055
2022$1.58B7452
2023$1.03B9844
2024$945.56M7931
2025$646.1M1625
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Grab55.3%
  • Coda3.7%
  • Bolttech3.6%
  • Other companies37.5%

Funding by stage

568 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel248 43.7%
Series A–B182 32.0%
Series C+ / PE53 9.3%
Grants, debt & other85 15.0%

Recent recorded rounds

Latest recorded rounds · USD
8 rounds

Swipe or scroll horizontally to browse.

Grant (prize money)05/2026
GreenFi

Backed by HDFC Bank.

Seed04/2026
KieDex $3.5M

Backed by Hidden Street Capital and Rocket and others.

Series B03/2026
TazaPay $36M

Backed by Circle and CMT Digital and others.

Series A03/2026
dtcpay $10M

Backed by Vertex Ventures.

Seed02/2026
MYX Finance

Backed by Consensys and ConsenSys Mesh and others.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

Series H03/2019
Grabgrab.com$1.46B

Backed by Microsoft and Toyota Motor and others.

Series H08/2018
Grabgrab.com$1B

Backed by Oppenheimer Funds and Ping An Ventures and others.

Series H02/2020
Grabgrab.com$856M

Backed by MUFG Innovation Partners and TIS.

Series F09/2016
Grabgrab.com$750M

Backed by DiDi and SoftBank Group and others.

Series C04/2022
Codacoda.co$690M

Backed by Insight Partners and GIC and others.

Series E08/2015
Grabgrab.com$350M

Backed by Coatue and China Investment Corporation and others.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Expand panel +

Annual accounts availability

No reviewed exact national-ID connector has yet been qualified for Singapore; this is a checked implementation boundary, not evidence that filings are absent.; No reviewed exact national-ID connector has yet been qualified for Singapore; this is a checked implementation boundary, not evidence that filings are absent.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Singapore companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

28 of the 1,239 companies on this page carry a measured traffic record (2.3%); these are the largest of those, by monthly visits. The median among them is 245,497 visits.

CompanyMonthly visitsAuthorityMobile
MEXC Globalmexc.com19,332,5536421.1%
Grabgrab.com16,987,8267186.5%
Coda Paymentscodapayments.com7,131,5772695.5%
2C2P2c2p.com3,912,6443575.5%
Breezebreeze.cash1,857,6441871.7%
TazaPaytazapay.com1,096,0332837.3%
Kyo Financekyo.finance847,510200%
SingSaversingsaver.com.sg778,5325066.3%
Gotradeheygotrade.com683,7645472.3%
YouTripyou.co591,9564777.2%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

135 of these companies (10.9%) publish at least one Android app — 202 apps in all, carrying 517.5M installs between them.

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q4–2026Q2).

SegmentAppsInstallsLeading appRelease trend
Payments59460.3MGrab - Taxi & Food Delivery 354M
Road Transport Tech3432.9MGrab Driver: App for Partners 60.2M
Cryptocurrencies2322.4MMEXC: Buy Bitcoin BTC & Crypto 18.2M
Investment Tech2621.5MRubikTrade-For Beginners 17.5M
Banking Tech3211.5MTonik Bank: Loans & Deposits 5.2M
Digital Remittance264.8MYouTrip 2.4M
Forex Tech22.4MYouBiz - Business Account 9.3K
In Store Retail Tech31MAtome SG - Shop Now, Pay Later 923.9K

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2023Q1: 52023Q1: 12023Q12023Q2: 62023Q2: 02023Q22023Q3: 42023Q3: 12023Q32023Q4: 52023Q4: 22023Q42024Q1: 22024Q1: 32024Q12024Q3: 52024Q3: 42024Q32024Q4: 42024Q4: 52024Q42025Q1: 62025Q1: 42025Q12025Q2: 42025Q2: 22025Q22025Q3: 32025Q3: 252025Q32025Q4: 32025Q4: 262025Q42026Q1: 12026Q1: 222026Q1

Darker bars are new releases, lighter bars apps updated. 152 of 202 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The Singapore fintech market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Enterprise tech657
Consumer digital617
Enterprise software304
Blockchain300
Blockchain in financial services300
Blockchain technology257
Alternative lending203
Nbfc lenders175
Crypto trading platforms162
Business payments solutions138
Saas134
Commerce enablers123

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Enterprise tech

The largest measured segment in this report snapshot.

657companies
8.2%have hiring activity

54 companies hiring · $17.15B disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

Subscription854
Commission on transaction788
Fee-for-service244
E-commerce - service239
Lending145
Advertising38
Freemium28
E-commerce - product26
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

Expand panel +
Recent corporate headlines 10 dated reports
Funding roundsdtcpay.com ↗

Vertex Ventures led multiple rounds with dtcpay at $10m.

Mergers & acquisitionscontemi.com ↗

after completing the acquisition of the London-based firm in February 2026.

Funding roundstazapay.com ↗

Tazapay — Raised: $36M About: Tazapay provides cross-border payment and escrow services. Key Investors: Circle, CMT Digital, Coinbase Ventures

Mergers & acquisitionsi-sprint.com ↗

i-Sprint Corporation announced the successful completion of a management buy-out (MBO) of all its operating companies

Mergers & acquisitionsfinergic.com ↗

HCL Technologies has informed the stock exchanges that it has successfully completed the acquisition of Finergic Solutions Pte Ltd

Funding roundssinglife.com ↗

Global law firm Ashurst has advised MUFG Bank, Ltd. on a SGD 550 million bilateral financing facility for Singlife.

Funding roundsseedflex.com ↗

Seedflex last raised US$3.2 million in a seed extension round in May 2025, co-led by Z Venture Capital (ZVC) and Iterative, with participation from 500 Global and strategic angel investors.

Funding roundsasiaverify.com ↗

AsiaVerify, a RegTech intelligence platform focused on Asian corporate verification, has secured a growth capital investment from Foresight Group to support expansion and product development.

Mergers & acquisitionssunrate.com ↗

SUNRATE has expanded into global acquiring after acquiring a payments team with established acquiring systems and merchant operations.

Funding roundsstreamex.io ↗

Streamex Corp. (“Streamex” or the “Company”) (NASDAQ: STEX), a leader in institutional-grade tokenization of real-world assets and commodity-backed stablecoins, including GLDY, today announced the closing of the sale of 1,750,000 shares of its common stock ... for total gross proceeds of $40.25 million.

Full recorded event mix

Top 10 categories among 382 recorded events in the 24-month window.

Funding rounds
90
Leadership moves
86
New products
65
Mergers & acquisitions
31
Company announcements
30
Earnings
22
Capital infusions
17
Regulatory
16
Contracts
13
Asset acquisitions
8
6 activity cards

Swipe or scroll horizontally to browse.

IPO pipeline

3 companies with recorded IPO activity

Streamex ↗

IPO activity · NASDAQ1 reports

YouTrip ↗

IPO1 reports

NIUM ↗

IPO1 reports

Leadership moves

27 tracked people moves

Bolttech ↗
Kohei Watanabe

Appointment General Manager, Japan

Trust Bank ↗
Alexander Pariyskiy

Appointment Chief Strategy Officer and Chief of Staff

Trust Bank ↗
Naveen Sethia

Promotion Chief Customer Officer

Thunes ↗
Parvinder Bhatia

Appointment Chief Financial Officer

Thunes ↗
Guy Duncan

Appointment Chief Technology and Product Officer

AXS ↗
MASON DONLEY

Appointment Chief Ticketing and Fan Experience Officer

AXS ↗
Hannah Rouch

Appointment VP, Marketing, Europe

AXS ↗
Peter Quinlan

Appointment Managing Director of Europe

Product launches

Products, platforms and features in the recorded window

InsureMO ↗
Upsure

Insurance Suite

Singlife ↗
Singlife dollarDEX

digital investment platform

Thunes ↗
direct, real-time Pay-to-Bank services

Service

MariBank ↗
Mari Invest Singapore Equity

Equity Fund

UQPAY ↗
dual-rail full-stack payment platform

Payment Platform

Phemex ↗
AI Bot

Trading Bot

Phemex ↗
AI-Native Revolution

AI

MariBank ↗
Online Remittance Service to Weixin Pay Users

Banking / Remittance

Workforce actions

1 companies with reported reductions

GXS ↗

82 rolesoperational transition

Regulatory events

18 recorded events

SUNRATE ↗

approved for money remittance services in MalaysiaBank Negara Malaysia

SUNRATE ↗

License grantedMalaysian Central Bank

SUNRATE ↗

approval-in-principle for a Class B MSB licenseBank Negara Malaysia

Thunes ↗

approved for in-principle MPI licence variationMonetary Authority of Singapore

Earnings pulse

Reported company results in the recorded window.

10companies
26period observations
55.2%median reported growth

Median across 11 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
profile softwareContemi ↗Completed2026-04-07Not stated in snapshot
Existing Management Teami-Sprint ↗Completed2026-03-13Not stated in snapshot
Management team of i-Sprint Corporationi-Sprint ↗Completed2026-03-13Not stated in snapshot
i-Sprint Management Teami-Sprint ↗Completed2026-03-13Not stated in snapshot
hcl technologiesFinergic ↗Completed2026-03-06Not stated in snapshot
SUNRATENaCompleted2026-01-28Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

406 postings in the preceding 12 months. The full 1,050-posting snapshot covers 462 employers.

Expand panel +

Most advertised job titles

Relationship Manager(Employee Banking)/(Top Foreign Bank/S$7K Higher/Central)27
Customer Service Officer (Top Banking & Finance Mnc/S$2.8K+/5Days/Shift)14
Relationship Manager(M5/M9/M9A/Hi)/(Top Foreign Bank/S$7K Higher/Central)10
Relationship Manager7
Client Processing Exec (Commercial Property) (Us Insurance/Alexandra/$4.5K)6
Client Acquisition [Bank/Min.Degree] (Global Bank/East/5Day/$2.8K Abv+High Comm)6
1 internship postings

4 tracked postings mention remote work.

The seniority mix

453 postings specify a level.

unspecified
597
manager
256
senior
114
lead
45
intern
23
entry
15

Skills employers mention

Top skills across 1,050 tracked postings in the available jobs snapshot.

Banking
335
Kyc
136
Microsoft Excel
120
Interpersonal Skills
103
Microsoft Office
90
Team Player
90
Compliance
88
Insurance
86
Aml
85
Payments
79
ADVERTISED PAY$373.0K/ year

Median across 514 postings with pay data, expressed in USD.

Salary by seniority

manager$586.1K/ year109 postings
senior$372.1K/ year59 postings

Advertised posting medians do not describe all employees or roles.

THE PEOPLE BUILDING THE FIELD

Founders and leaders

758 founders and chief executives across 521 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

DCo-Founder & Chairman

Dong Shou

Advance ↗

Ex-Amazon Web Services. University of Science and Technology Beijing 2006, Tsinghua University MS 2009, Penn State University MS 2011

Education networks

178 profiles with education records.

National University of Singapore (NUS)
29
Nanyang Technological University (NTU)
24
Harvard Business School
11
Harvard University
9
Indian School of Business
7
IIM Calcutta
7
University of Cambridge
7
Imperial College London
6

Prior employers

47 profiles with prior-work records.

Goldman Sachs
9
Morgan Stanley
9
McKinsey
6
Microsoft
6
Paypal
5
Google
4
Amazon
3
eBay
2

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

44,467 articles in the measured 12-month window.

Expand panel +
44,467articles in the measured year
10,937articles in 2026Q1
77.7%positive tone in the latest complete year

News volume trends

Fintech coverage across Singapore · articles per complete quarter

03,7847,56811,35115,1352021Q2: 7,1782021Q22021Q3: 8,9162021Q4: 7,4052022Q1: 9,3212022Q2: 9,2572022Q22022Q3: 9,2272022Q4: 10,2692023Q1: 10,2572023Q2: 10,0562023Q22023Q3: 10,5992023Q4: 11,3402024Q1: 10,3142024Q2: 9,9062024Q22024Q3: 12,0892024Q4: 11,8402025Q1: 13,1612025Q2: 9,1892025Q22025Q3: 10,9232025Q4: 12,1112026Q1: 10,9372026Q1
View quarterly article counts
QuarterArticles
2021Q27,178
2021Q38,916
2021Q47,405
2022Q19,321
2022Q29,257
2022Q39,227
2022Q410,269
2023Q110,257
2023Q210,056
2023Q310,599
2023Q411,340
2024Q110,314
2024Q29,906
2024Q312,089
2024Q411,840
2025Q113,161
2025Q29,189
2025Q310,923
2025Q412,111
2026Q110,937

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
19,306 positive · 180 neutral · 5,615 negative
2022
27,321 positive · 305 neutral · 10,412 negative
2023
31,498 positive · 341 neutral · 10,388 negative
2024
33,773 positive · 380 neutral · 9,965 negative
2025
35,238 positive · 1,390 neutral · 8,726 negative

Leading coverage topics

Fintech coverage across Singapore · ranked by full-period article count.

Cryptocurrency Impact On Forex Markets14,094 articles in the full recorded period
3,562 recent · 2,745 prior
Trade Wars And Geopolitical Impacts5,657 articles in the full recorded period
1,471 recent · 1,320 prior
Economic Indicators (Gdp, Cpi, Unemployment)5,293 articles in the full recorded period
1,101 recent · 1,140 prior
Asian Financial Market Developments5,137 articles in the full recorded period
1,233 recent · 1,121 prior
Foreign Exchange (Forex) Rate Fluctuations4,536 articles in the full recorded period
1,359 recent · 854 prior
Interest Rate Decisions And Impacts4,528 articles in the full recorded period
847 recent · 871 prior
Central Bank Monetary Policy Announcements4,376 articles in the full recorded period
788 recent · 825 prior
Emerging Markets Economic Updates4,372 articles in the full recorded period
1,105 recent · 915 prior
Global Recession Risks And Forecasts4,123 articles in the full recorded period
1,018 recent · 943 prior
Strategic Partnerships And Collaborations4,070 articles in the full recorded period
1,048 recent · 882 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Fintech coverage across Singapore

KeywordRecentPriorChange
stablecoin fx impact606277119%
decentralized forex60035967%
gold spot price26817751%
forex liquidity24514964%
currency board systems22187154%
currency basket pegs21185148%
em fx reserves16754209%
stock price15711141%
fund flows14057146%
foreign direct investment13059120%
direct investments (pe)266440-40%
hedge fund leverage management41383-89%
property fund selection39381-90%
brent crude forecast68353-81%
oil price volatility212353-40%

Event and signal lenses

Fintech coverage across Singapore

All complete annual cohorts shown
Rising

Regulatory Risk

95,193 classified articles

economic slowdown, stock performance, next-gen banking platforms

54.2% critical · 45.9% positive
Flat

Funding Momentum

20,857 classified articles

inflation reports fx, pre-ipo valuation, currency intervention policies

50.7% critical · 63.6% positive
Rising

Growth

29,837 classified articles

gdp growth forex, inflation reports fx, economic slowdown

49.8% critical · 50.9% positive

Fintech coverage across Singapore. Topic labels describe recorded classifications and can include broad context.

RESEARCH SIGNALS

What Fintech research is working on

13,825 papers in the recorded worldwide scope.

Expand panel +
13,825papers
13,825worldwide comparison pool
India-affiliated papers

Research orientation

Promising
4,450
Descriptive
3,501
Problem-identifying
3,141
Cautionary
1,411
Breakthrough
754
Comparative
414
Critical
154

Contribution mix

Empirical
8,354
Reviews
2,307
Position pieces
1,635
Methods-led
1,361
Theoretical
168

Tone counts: 12,714 positive · 252 neutral · 859 negative.

Common problems researchers identify
3,295 papers · 23.8% of this field
  • Financial services1,723 papers
  • FinTech1,301 papers
  • Financial inclusion570 papers
  • Payment489 papers
  • Government245 papers
  • Financial literacy205 papers
  • Cryptocurrency201 papers
  • Investment172 papers

Landmark: The digital revolution in financial inclusion: international development in the fintech era

Cautions
1,411 papers · 10.2% of this field
  • Financial services670 papers
  • FinTech538 papers
  • Financial inclusion348 papers
  • Payment283 papers
  • Financial literacy129 papers
  • Mobile payment102 papers
  • Digital currency95 papers
  • Investment91 papers

Landmark: Blockchain Technology in Finance

Opportunities
5,204 papers · 37.6% of this field
  • Financial services2,148 papers
  • FinTech1,839 papers
  • Financial inclusion1,123 papers
  • Financial literacy786 papers
  • Payment749 papers
  • Database transaction382 papers
  • Investment314 papers
  • Mobile payment301 papers

Landmark: On the Fintech Revolution: Interpreting the Forces of Innovation, Disruption, and Transformation in Financial Services

Leading institutions

UNSW Sydney
743
University of Manchester
727
University of York
716
University of the West of England
716
Universidad de Zaragoza
685
Columbia University
667

Leading researchers

Robert J. Kauffman
1,822
Peter Gomber
1,821
Chris Parker
1,821
Bruce W. Weber
1,821
Daniela Gabor
716
Sally Brooks
716
Itay Goldstein
621
Wei Jiang
621

Highly cited breakthrough-labelled papers

  • On the Fintech Revolution: Interpreting the Forces of Innovation, Disruption, and Transformation in Financial Services1,820 citations
  • Intention to use analytical artificial intelligence (AI) in services – the effect of technology readiness and awareness370 citations
  • The FinTech phenomenon: antecedents of financial innovation perceived by the popular press240 citations
  • FinTech ecosystem practices shaping financial inclusion: the case of mobile money in Ghana116 citations
  • CBDC, Fintech and cryptocurrency for financial inclusion and financial stability100 citations

Common problems researchers identify

10,570 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Financial Inclusion ChallengesCommon problems researchers identify · 01

Financial Inclusion Challenges

1,447 papers

24.1% of this theme group

Researchers discuss obstacles to broadening access to financial services through fintech innovations.

FinTech (679) · Financial services (885) · Financial inclusion (269) · Financial innovation (90)

Enriching Financial Inclusion through Fintech

DIGITAL TRANSFORMATION IN THE BANKING SYSTEM: PROSPECTS FOR COOPERATION BETWEEN FINTECH COMPANIES AND BANKS

View research history
YearShare index
2022535.2
2023588.5
2024650.5
20251023.2
Payment System LimitationsCommon problems researchers identify · 02

Payment System Limitations

1,364 papers

22.7% of this theme group

Papers highlight cost, security, and regulatory issues affecting electronic payment adoption.

Payment (1,251) · Payment system (509) · Payment service provider (217) · Settlement (86)

Better than Cash, but Beware the Costs: Electronic Payments Systems and Financial Inclusion in Developing Economies

ISSUES AND CHALLENGES OF ELECTRONIC PAYMENT SYSTEMS

View research history
YearShare index
2022590.9
2023562.2
2024710.5
2025799.0
Mobile Payment Adoption BarriersCommon problems researchers identify · 03

Mobile Payment Adoption Barriers

1,149 papers

19.1% of this theme group

Studies examine factors influencing user acceptance and deployment of mobile banking services.

Mobile payment (869) · Mobile banking (220) · Mobile business development (111) · Mobile phone (135)

User Acceptance Testing of Mobile Payment in Various Scenarios

Exploring Determinants Influencing the Intention to Use Mobile Payment Service

View research history
YearShare index
202277.6
202383.0
202482.8
2025139.8
Credit Card Fraud RisksCommon problems researchers identify · 04

Credit Card Fraud Risks

692 papers

11.5% of this theme group

Works focus on detection methods and the prevalence of fraudulent activity in card transactions.

Credit card fraud (107) · Credit card (118) · Financial fraud (43) · Computer security (107)

Machine Learning for Credit Card Fraud Detection

Credit Card Fraud Detection and Analysis

View research history
YearShare index
202247.3
202347.0
202447.7
202563.6
Algorithmic Trading ConcernsCommon problems researchers identify · 05

Algorithmic Trading Concerns

585 papers

9.8% of this theme group

Research addresses market impact, regulatory gaps, and potential abuses in high‑frequency trading.

Algorithmic trading (222) · High-frequency trading (148) · Alternative trading system (140) · Insider trading (79)

High-Frequency Trading and Its Impact on Markets

High-Frequency Trading: A Regulatory Strategy

View research history
YearShare index
202219.5
202320.0
202418.3
202531.1
Portfolio Optimization DifficultiesCommon problems researchers identify · 06

Portfolio Optimization Difficulties

404 papers

6.7% of this theme group

Authors explore theoretical and computational challenges in constructing optimal investment portfolios.

Portfolio (386) · Portfolio optimization (163) · Modern portfolio theory (70) · Post-modern portfolio theory (46)

Machine Learning Optimization Algorithms & Portfolio Allocation

Portfolio Optimization: New Challenges and Perspectives

View research history
YearShare index
2022315.6
2023306.6
2024225.8
2025345.9
Money‑Laundering Compliance IssuesCommon problems researchers identify · 07

Money‑Laundering Compliance Issues

359 papers

6.0% of this theme group

Papers investigate regulatory frameworks and data‑driven approaches to combat illicit financial flows.

Money laundering (320) · Terrorism (65) · Accounting (54) · Compliance (44)

National and international anti-money laundering law : developing the architecture of criminal justice, regulation and data protection

Balancing anti-money laundering measures and financial inclusion

View research history
YearShare index
20221897.3
20231880.1
20241584.8
20251002.7

Cautions

3,742 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Fintech Inclusion Trade‑offsCautions · 01

Fintech Inclusion Trade‑offs

756 papers

20.2% of this theme group

Scholars caution that expanding access may introduce stability and oversight challenges.

FinTech (412) · Financial services (449) · Financial inclusion (227) · Financial innovation (65)

The Role of Fintech Technology in Improving Financial Inclusion and Financial System Stability

Advancing Financial Inclusion through FinTech: A Regulatory Insight into Emerging Industry Practices

View research history
YearShare index
2022535.2
2023588.5
2024650.5
20251023.2
High‑Frequency Trading RisksCautions · 02

High‑Frequency Trading Risks

579 papers

15.5% of this theme group

Analyses critique market‑quality effects and the adequacy of current regulatory measures.

Algorithmic trading (254) · High-frequency trading (153) · Alternative trading system (102) · Trading strategy (117)

High Frequency Trading and Its Impact on Market Quality

Implementing High Frequency Trading Regulation: A Critical Analysis of Current Reforms

View research history
YearShare index
202219.5
202320.0
202418.3
202531.1
Payment System Transition RisksCautions · 03

Payment System Transition Risks

565 papers

15.1% of this theme group

Research warns of consumer impact and policy uncertainties when shifting payment models.

Payment (536) · Payment system (180) · Reimbursement (36) · Prospective payment system (34)

Hospital response to a new case-based payment system in China: the patient selection effect

Payments transition in India – consumer preferences and policy shifts

View research history
YearShare index
2022598.5
2023567.6
2024714.6
2025803.0
Portfolio Model UncertaintyCautions · 04

Portfolio Model Uncertainty

522 papers

13.9% of this theme group

Studies highlight model risk and volatility estimation problems in portfolio management.

Portfolio (494) · Portfolio optimization (203) · Diversification (105) · Econometrics (109)

Model Risk in Portfolio Optimization

Optimization of portfolio management based on vector autoregression models and multivariate volatility models

View research history
YearShare index
2022318.1
2023308.9
2024228.0
2025346.6
Mobile Money User ExperienceCautions · 05

Mobile Money User Experience

496 papers

13.3% of this theme group

Works emphasize usability and trust issues that affect adoption in emerging markets.

Mobile payment (380) · Mobile banking (81) · Payment (228) · Mobile phone (39)

Mobile Money for Financial Inclusion

Understanding user experience of mobile money services in emerging markets

View research history
YearShare index
2022633.6
2023610.5
2024762.5
2025878.6
Financial Fraud Detection LimitsCautions · 06

Financial Fraud Detection Limits

495 papers

13.2% of this theme group

Reviews point out gaps in current AI approaches for identifying diverse fraud types.

Accounting (63) · Money laundering (78) · Audit (50) · Credit card fraud (26)

A Review on Financial Fraud Detection using AI and Machine Learning

Use of Machine Learning in Financial Fraud Detection: A Review

View research history
YearShare index
20222207.7
20232190.6
20242016.5
20251778.7
Digital Currency Security ConcernsCautions · 07

Digital Currency Security Concerns

329 papers

8.8% of this theme group

Papers assess cybersecurity and stability risks linked to blockchain‑based payment systems.

Digital currency (124) · Blockchain (71) · Cryptocurrency (95) · Currency (78)

Cybersecurity and Blockchain for Secure Financial Transactions: Evaluating, Implementing, and Mitigating Risks of Digital Payments

Public Payment Systems in the Digital Era: Responding to the Financial Stability and Security-related Risks of Cryptocurrencies

View research history
YearShare index
2022801.9
2023842.3
2024890.0
20251127.0

Opportunities

28,937 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Advanced Portfolio OptimizationOpportunities · 01

Advanced Portfolio Optimization

1,697 papers

28.3% of this theme group

Research proposes new mathematical models and multi‑objective strategies for better asset allocation.

Portfolio (1,578) · Portfolio optimization (936) · Mathematical optimization (268) · Modern portfolio theory (157)

Application of portfolio optimization

The research on portfolio optimization model and strategy for multiple objectives

View research history
YearShare index
2022371.2
2023354.5
2024252.1
2025358.7
Machine‑Learning Fraud DetectionOpportunities · 02

Machine‑Learning Fraud Detection

1,066 papers

17.8% of this theme group

Studies demonstrate how learning algorithms can improve identification of credit‑card fraud.

Credit card fraud (265) · Credit card (252) · Financial fraud (77) · Computer security (173)

Credit Card Fraud Detection using Machine Learning Algorithms

Analyzing Credit Card Fraud Detection based on Machine Learning Models

View research history
YearShare index
202247.3
202347.0
202447.7
202563.6
Fintech for Financial LiteracyOpportunities · 03

Fintech for Financial Literacy

778 papers

13.0% of this theme group

Works explore how technology can enhance inclusion and educate underserved populations.

FinTech (338) · Financial services (366) · Financial inclusion (210) · Financial literacy (128)

ROLE OF FINTECH IN FINANCIAL INCLUSION

The Role of Financial Technology (FinTech) in Advancing Financial Inclusion and Equity.

View research history
YearShare index
2022535.2
2023588.5
2024650.5
20251023.2
Blockchain‑Enabled PaymentsOpportunities · 04

Blockchain‑Enabled Payments

756 papers

12.6% of this theme group

Papers present secure, decentralized architectures for modern digital payment infrastructures.

Payment (623) · Payment system (247) · Database transaction (146) · Payment service provider (64)

Blockchain Based Architecture and Solution for Secure Digital Payment System

Measuring payment system development

View research history
YearShare index
2022733.2
2023686.3
2024781.6
2025930.9
Mobile Payment Service InnovationOpportunities · 05

Mobile Payment Service Innovation

723 papers

12.1% of this theme group

Research investigates value‑added features and security models that drive consumer adoption.

Mobile payment (555) · Payment (363) · Mobile banking (87) · Mobile device (52)

Value Added Services and Adoption of Mobile Payments

Exploring Transaction Security on Consumers’ Willingness to Use Mobile Payment by Using the Technology Acceptance Model

View research history
YearShare index
2022633.6
2023610.5
2024762.5
2025878.6
Algorithmic Trading ForecastingOpportunities · 06

Algorithmic Trading Forecasting

661 papers

11.0% of this theme group

Studies apply advanced AI techniques to improve trading strategies and market predictions.

Algorithmic trading (282) · Trading strategy (267) · High-frequency trading (109) · Pairs trade (68)

Algorithmic Trading and Financial Forecasting Using Advanced Artificial Intelligence Methodologies

Foreign exchange trading

View research history
YearShare index
202232.4
202331.8
202425.0
202538.8
Credit Scoring with Machine LearningOpportunities · 07

Credit Scoring with Machine Learning

319 papers

5.3% of this theme group

Works develop predictive models to assess borrower risk and default probabilities.

Credit risk (96) · Loan (65) · Credit score (19) · Probability of default (13)

Application Analysis of Credit Scoring of Financial Institutions Based on Machine Learning Model

Development Of Credit Scoring Model For Borrowers Using Machine Learning Techniques

View research history
YearShare index
2022254.2
2023254.9
2024182.2
2025261.3

How this field compares with the research baseline

Orientation shares compared with 25,000 papers in the reference sample.

Research orientationThis fieldReference sample
Promising32.2%37.0%
Descriptive25.3%17.5%
Problem-identifying22.7%9.8%
Cautionary10.2%4.7%
Breakthrough5.5%26.4%
Comparative3.0%3.7%
Critical1.1%0.9%

Concerns receiving less research attention

Counts and shares refer to the stated research pool. A low count describes how much of that research is recorded here, not the absence of a real-world concern.

Concern / example paperPapersShareRaised as a problemWorldwide share
Privacy & surveillanceIncentives for Mobile Crowd Sensing: A Survey2,7174.6%857 (31.5%)4.6%
Concentration of compute powerRent Seeking by Low-Latency Traders: Evidence from Trading on Macroeconomic Announcements1020.17%50 (49.0%)0.17%
Bias & fairnessSocietal bias reinforcement through machine learning: a credit scoring perspective830.14%31 (37.3%)0.14%
Labour & data workMobile Money Taxation and Informal Workers: Evidence from Ghana’s E-Levy600.1%26 (43.3%)0.1%
Safety & misuseThe EU Response to Criminal Misuse of Cryptocurrencies: The Young, already Outdated 5th Anti-Money Laundering Directive500.08%21 (42.0%)0.08%
Energy & datacenter footprintAn integrated model of financial technology adoption and environmental performance: The role of green innovation290.05%5 (17.2%)0.05%
Hardware, e-waste & supply chainMobile Phone Repair as a Strategy for Reducing E-Waste, Enhancing Data Privacy, and Promoting Digital Sustainability in 30.01%0 (0.0%)0.01%
Carbon & emissions of computeRethinking portfolio design with sustainable AI and FinTech: dynamic spillovers in a quantile–frequency framework10.0%0 (0.0%)0.0%
Water use00.0%0 (%)0.0%

Institution and researcher rankings use citations to their covered work. Research scope: worldwide. This may be broader than the company geography.

DEMAND, SUPPLY & PLACE

Where demand signals run ahead of mapped supply — Singapore

Compare demand signals in Singapore’s newsflow with the fintech categories mapped to each signal.

Expand panel +
HOW TO READ THE GAP

Signal percentile − supply percentile = gap in percentile points. Positive gaps highlight questions to investigate. A high signal can reflect spending pressure or access friction, as well as potential demand.

The comparison is relative to the signal families on this page. A supply percentile of zero means the lowest relative reading, not zero companies. It is a prioritisation clue, not measured market size or unmet demand.

COMPARISON PERIOD2025-05-01 to 2026-05-01Against 2024-05-01 to 2025-05-01Explore the signals ↓

The opportunity, in one view

Signal and mapped-supply percentiles, their gap, and change in the signal’s article share.

Swipe horizontally to compare all columns →

5 Singapore demand signals compared with mapped fintech supply
Signal familySignal percentileSupply percentileRelative gapGap (points)Signal share vs prior year
Market volatility ↗Macro Pressure87.50.0+87.5+234.6%
Interest rates & policy ↗Macro Pressure50.033.3+16.7+4.6%
Layoffs & income shocks ↗Spending Pressure37.566.7-29.2+17.0%
Crypto & digital assets ↗Adoption Shift37.5100.0-62.5+68.3%
Data & privacy regulation ↗Compliance Pressure37.5No matching category+91.0%

Showing all 5 signals. Select a family for its history and mapped categories.

Where the signals are loudest

All 1 city readings for these demand families in the comparison geography. Singapore is highlighted.

Mentions per 10,000 articles

Each city’s reading is a share of its own coverage.

Hong Kong103.3

Interest rates & policy · Market volatility · Crypto & digital assets

Inside the leading signals

Open any signal for its quarterly history
MACRO PRESSUREMarket volatility+87.5percentile-point gap
THE OPERATING HYPOTHESIS

Volatility can drive trading, hedging and advice-seeking in the same week it spikes.

36.62mentions per 10,000 articles+234.6%share change vs prior year

Mapped fintech categories

  • Crypto Trading Platforms162

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of Singapore coverage

Mentions per 10,000 articles · zero baseline

02651771022024Q3: 122024Q32024Q4: 92024Q42025Q1: 102025Q12025Q2: 132025Q22025Q3: 112025Q32025Q4: 882025Q42026Q1: 302026Q1
View quarterly signal counts
Market volatility in Singapore coverage
QuarterMentionsPer 10,000 articles
2024Q33912.92
2024Q4299.82
2025Q13310.08
2025Q23013.97
2025Q34811.52
2025Q421988.83
2026Q17730.72

Where this signal concentrates in the comparison geography

Hong Kong31.3 / 10,000
MACRO PRESSUREInterest rates & policy+16.7percentile-point gap
THE OPERATING HYPOTHESIS

Rate moves can reprice every loan book — lending and deposit products feel it first.

48.77mentions per 10,000 articles+4.6%share change vs prior year

Mapped fintech categories

  • Alternative Lending203
  • Nbfc Lenders175

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of Singapore coverage

Mentions per 10,000 articles · zero baseline

0163247632024Q3: 542024Q32024Q4: 522024Q42025Q1: 332025Q12025Q2: 272025Q22025Q3: 482025Q32025Q4: 502025Q42026Q1: 492026Q1
View quarterly signal counts
Interest rates & policy in Singapore coverage
QuarterMentionsPer 10,000 articles
2024Q316654.99
2024Q415552.5
2025Q110933.29
2025Q26027.94
2025Q320048.0
2025Q412550.7
2026Q112349.08

Where this signal concentrates in the comparison geography

Hong Kong40.7 / 10,000
SPENDING PRESSURELayoffs & income shocks-29.2percentile-point gap
THE OPERATING HYPOTHESIS

Layoff cycles can pull discretionary spend back toward value offerings.

23.95mentions per 10,000 articles+17.0%share change vs prior year

Mapped fintech categories

  • Alternative Lending203
  • Nbfc Lenders175
  • Business Payments Solutions138

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of Singapore coverage

Mentions per 10,000 articles · zero baseline

091827362024Q3: 232024Q32024Q4: 242024Q42025Q1: 192025Q12025Q2: 262025Q22025Q3: 182025Q32025Q4: 172025Q42026Q1: 312026Q1
View quarterly signal counts
Layoffs & income shocks in Singapore coverage
QuarterMentionsPer 10,000 articles
2024Q37023.19
2024Q47224.39
2025Q16319.24
2025Q25626.08
2025Q37618.24
2025Q44217.04
2026Q17931.52

Where this signal concentrates in the comparison geography

ADOPTION SHIFTCrypto & digital assets-62.5percentile-point gap
THE OPERATING HYPOTHESIS

Crypto cycles can pull exchange, wallet and compliance demand in waves.

14.91mentions per 10,000 articles+68.3%share change vs prior year

Mapped fintech categories

  • Blockchain300
  • Blockchain In Financial Services300
  • Blockchain Technology257
  • Crypto Trading Platforms162

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of Singapore coverage

Mentions per 10,000 articles · zero baseline

051015212024Q3: 92024Q32024Q4: 82024Q42025Q1: 82025Q12025Q2: 132025Q22025Q3: 132025Q32025Q4: 172025Q42026Q1: 122026Q1
View quarterly signal counts
Crypto & digital assets in Singapore coverage
QuarterMentionsPer 10,000 articles
2024Q3299.61
2024Q4248.13
2025Q1278.25
2025Q22813.04
2025Q35613.44
2025Q44417.85
2026Q13112.37

Where this signal concentrates in the comparison geography

COMPLIANCE PRESSUREData & privacy regulationsupply not mapped
THE OPERATING HYPOTHESIS

Privacy rules can land as engineering requirements — consent, data handling and audit tooling follow.

12.92mentions per 10,000 articles+91.0%share change vs prior year

Mapped fintech categories

This signal has no matching category in the page’s fintech market map, so no supply percentile or gap is assigned.

Quarterly share of Singapore coverage

Mentions per 10,000 articles · zero baseline

05914182024Q3: 62024Q32024Q4: 82024Q42025Q1: 52025Q12025Q2: 92025Q22025Q3: 162025Q32025Q4: 102025Q42026Q1: 122026Q1
View quarterly signal counts
Data & privacy regulation in Singapore coverage
QuarterMentionsPer 10,000 articles
2024Q3206.63
2024Q4258.47
2025Q1185.5
2025Q2209.31
2025Q36716.08
2025Q42610.55
2026Q13112.37

Where this signal concentrates in the comparison geography

RESEARCH & CHANGING CONVERSATIONS

Related research and changing coverage

Singapore fintech coverage

Expand panel +
RESEARCH CONTEXT · 2021

Citizens go digital: A discursive examination of digital payments in Singapore’s Smart Nation project

Urban Studies

24 citations in the snapshot

RESEARCH CONTEXT · 2018

Evolution of digital payments: Early learnings from Singapore’s cashless payment drive

Journal of payments strategy & systems

22 citations in the snapshot

RESEARCH CONTEXT · 2021

Cost-effectiveness and budget impact analyses of tisagenlecleucel in adult patients with relapsed or refractory diffuse large B-cell lymphoma from Singapore’s private insurance payer’s perspective

Journal of Medical Economics

19 citations in the snapshot

RESEARCH CONTEXT · 2021

Long-Term Care Insurance Reform in Singapore

Journal of Aging & Social Policy

19 citations in the snapshot

What is growing in this coverage

Singapore coverage of this page's demand families

KeywordRecent articlesPrior articlesShare change
forex liquidity9242125.9%
capital markets512887.8%
gold spot price755540.6%
yuan exchange554331.9%
trade finance504222.8%
precious metals514711.9%

Share changes describe coverage in the stated comparison periods, not search demand or market size.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

Expand panel +
7 cards

Swipe or scroll horizontally to browse.

UNDERSTAND THE LANDSCAPE

Fintech in Singapore: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

Company ecosystem snapshot: 31 August 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon