Top 6 Singapore Fintech Companies in 2026, Checked Against MAS Records

The top Singapore fintech companies in 2026, by scale and regulatory standing, are Airwallex, Grab’s financial services arm, Nium, Aspire, YouTrip and ANEXT Bank. Each one runs its Singapore business through an entity we found in the Monetary Authority of Singapore’s Financial Institutions Directory on 6 October 2026, or, in Aspire’s case, under a published MAS exemption.

Every figure below comes from the company’s own release, website or regulatory filing, with the date it refers to. We left out valuations unless the company announced them itself.

How we picked the six

• Singapore base: headquartered or co-headquartered in Singapore, with an operating entity there.
• Regulated: a MAS licence or exemption we could confirm in the MAS directory or in the company’s own legal disclosure.
• Scale on the record: a recent, dated figure published by the company or filed with a regulator.

This replaces the 2024 version of the list. Linkomo, which was on it, now presents itself as Linkmate, an AI software company, so it no longer fits a list of operating fintech firms. Nium takes its place.

Airwallex

Airwallex is a business payments platform: multi-currency accounts, cross-border transfers, cards and spend management. It was founded in Melbourne in 2015 and is now co-headquartered in San Francisco and Singapore, where Airwallex (Singapore) Pte. Ltd. holds a Major Payment Institution licence.

In its June 2026 Series H announcement the company reported $1.3 billion in annualized revenue (up 74% year over year), $287 billion in annualized transaction volume, more than 676,000 business customers and 85+ licences worldwide, as of March 2026. The $320 million round valued it at $11 billion, up from $8 billion in December 2025.

Grab Financial Group

Grab is best known for rides and food delivery, but its financial services segment now runs payments, lending and three digital banks: GXS Bank in Singapore, GXBank in Malaysia and Superbank in Indonesia, which Grab began consolidating in June 2026. In Singapore, GrabLink Pte. Ltd. is a Major Payment Institution and GXS Bank appears in the MAS directory as a local bank.

Grab’s Q2 2026 results, filed with the SEC on 4 August 2026, show financial services revenue of $134 million (up 59% year over year), a gross loan portfolio of $2.3 billion, a record $1.2 billion in loans disbursed in the quarter, and $2.5 billion in customer deposits across the three banks. The segment still reported a $15 million adjusted EBITDA loss.

Nium

Nium builds the pipes other fintechs and banks use for cross-border money movement: payouts, collections, multi-currency accounts and card issuing. Nium Pte. Ltd. holds a Major Payment Institution licence in Singapore. On its website, as of October 2026, Nium lists payouts to 190+ countries, real-time payments in 100+ markets, 40+ licences and registrations, and $84 billion in payments processed over the last 12 months.

Its 2026 news centres on stablecoins. In May 2026 it announced a partnership with Circle to connect USDC settlement with its payout network; in August Visa joined MAS’s BLOOM initiative with Nium as its first partner, and Nium launched USDC funding for payouts. For teams building stablecoin settlement into a product, Nium is a useful reference design.

Aspire

Aspire offers business accounts, corporate cards, payables and expense management for startups and SMEs. Its Singapore entity, Aspire FT Pte. Ltd., operates under a temporary exemption from licensing under the Payment Services Act for account issuance, domestic transfers, e-money issuance and a specified cross-border transfer service, as its website discloses. Cross-border transfers beyond that scope go through MAS-licensed partners.

In December 2025 the company said it served more than 50,000 business customers across 30+ markets, with 600+ staff in nine countries, after securing an Australian Financial Services Licence, an EU e-money licence and US registrations within the year.

YouTrip

YouTrip is a multi-currency travel wallet with a Mastercard card, plus YouBiz for business spending. You Technologies Group (Singapore) Pte. Ltd. is a Major Payment Institution, and YouTrip states it is a Principal Member of Mastercard. As of October 2026 the app supports 12 wallet currencies and card payments in 150+ countries.

In May 2026 it launched YouTrip Family, a card for children aged 7 to 18 with parent-set top-ups and spending limits. Of the six, it is the one built around consumers rather than businesses, which makes it a useful case for founders studying how to build a P2P payment app or a travel wallet.

ANEXT Bank

ANEXT Bank is a digital bank for micro, small and medium-sized businesses, wholly owned by Ant International. MAS lists ANEXT Bank Pte. Ltd. as a wholesale bank; the company describes itself as a digital wholesale bank.

Its latest published results, released on 15 May 2025, cover 2024: revenue of S$44.9 million (up 83.5%), total assets of S$1.6 billion, deposits of S$906 million, a loan book of S$847 million and a net loss of S$37.2 million. As of 6 October 2026 its newsroom shows no full-year 2025 results. The model, a bank built for small firms without branches, is close to what we describe in our guide on how to launch a neobank.

What Singapore’s top fintech companies have in common

All six hold, or operate under, a specific MAS permission, and that permission defines what they can sell. Aspire runs payments under a time-limited exemption; Nium and YouTrip hold Major Payment Institution licences; Grab and ANEXT went further and operate banks. If you are planning a product for this market, choose the licence first: our overview of licences for fintech and crypto companies covers the options.

The second pattern is stablecoins moving into ordinary payment flows, through MAS’s BLOOM initiative and partnerships such as Nium’s with Circle and Visa. Teams that want to build a neobank or a crypto bank for the region now have working examples on both sides.