Neobanks in Singapore
These 12 are headquartered in Singapore — parsed from the registered base of each company, so the count is complete. Availability is a different and much harder question: it is verified for 13 products in Singapore so far, out of 368 tracked, so a neobank missing from the second table below has not been ruled out — it has not been checked. Corrections are welcome on GitHub.
The 12 based in Singapore
| neobank | type | hq | custody | licence / structure | reported users |
|---|---|---|---|---|---|
| ANEXT Bank | traditional | Singapore, SG | Custodial | Digital wholesale bank (MAS) | — |
| Aspire | traditional | Singapore, SG | Custodial | MPI (MAS) | — |
| Crypto.com | hybrid | Singapore, SG | Custodial | MiCA CASP, MAS MPI, US MSBs | — |
| GrabPay | traditional | Singapore, SG | Custodial | Major payment institution (MPI) licence (MAS Singapore, PS20200167); e-money issuer | — |
| GXS Bank | traditional | Singapore, SG | Custodial | Digital full bank (MAS) | — |
| MariBank | traditional | Singapore, SG | Custodial | Digital full bank (MAS) | — |
| Oobit | web3-native | Singapore, SG | Self-custodial | Self-custodial software | — |
| SafePal | web3-native | Singapore, SG | Self-custodial | Self-custodial software | — |
| Startale | web3-native | Singapore, SG | Self-custodial | Self-custodial; co-develops Soneium with Sony Block Solutions Labs (Sony Group JV) | — |
| Trust Bank | traditional | Singapore, SG | Custodial | Bank (StanChart x FairPrice) | — |
| Veera | web3-native | Singapore, SG | Self-custodial | Self-custodial; passkey-secured non-exportable keys | — |
| YouTrip | traditional | Singapore, SG | Custodial | Major Payment Institution (MPI) licence from MAS, Singapore — e-money issuance; funds safeguarded at DBS/StanChart/UOB | — |
Also verified as available in Singapore
8 more products are verified as available to customers in Singapore without being based there. This list is as complete as the availability field, which is to say partial.
| neobank | type | hq | custody | licence / structure | reported users |
|---|---|---|---|---|---|
| Wise | traditional | London, UK | Custodial | E-money/payment licences globally | 19M customers (FY26) |
| Revolut | hybrid | London, UK | Custodial | UK banking licence (2024); EU licence (Lithuania) | 50M customers (2025) |
| Coinbase Card | hybrid | San Francisco, US | Custodial | US state licences, MiCA; Public (COIN) | — |
| Wirex | hybrid | London, UK | Custodial | E-money institution (FCA, FRN 902025); crypto via Wirex Digital Services VASP (OAM Italy) | — |
| KAST | hybrid | Hong Kong, HK | Custodial | Runs on licensed partners' rails: custody via BitGo/Fireblocks, Visa cards via licensed issuers; not a bank | — |
| RedotPay | hybrid | Hong Kong, HK | Custodial | Hong Kong MSO, money lender + TCSP licences; VASP (RedotX UAB, Lithuania FCIS); MSB registrations (US/Canada) | — |
| Deel | hybrid | San Francisco, US | Custodial | MSB + US state money-transmitter licences (DPayments); US wallet via Alviere/CFSB; DLUSD via Bridge | — |
| Stables | web3-native | Sydney, AU | Custodial | AFSL partners; Mastercard APAC program | — |
Common questions
Neobanks in Singapore: how many are there?
12 of the 368 neobanks tracked here are headquartered in Singapore. Every entry is verified active and listed on this page with its custody model, licence detail and the regions it serves.
Which neobanks in Singapore are the largest?
Not answerable from public data: only 0 of these 12 disclose a user figure at all. The list below is therefore not a ranking, and anyone presenting one for this category is guessing.
How is this list of neobanks in Singapore built?
These 12 are headquartered in Singapore — parsed from the registered base of each company, so the count is complete. Availability is a different and much harder question: it is verified for 13 products in Singapore so far, out of 368 tracked, so a neobank missing from the second table below has not been ruled out — it has not been checked. Corrections are welcome on GitHub.
Related
Neobanks in United States (63) · Neobanks in United Kingdom (29) · Neobanks in Germany (8) · Neobanks in France (11) · Neobanks in Brazil (10) · Neobanks in Argentina (9) · Neobanks in Mexico (11) · Neobanks in Colombia (7)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.