YouTrip
Travel wallet for SG/TH/MY.
- Who holds it
- An e-money institution holds your balance in a safeguarding account — Major Payment Institution (MPI) license from MAS, Singapore — e-money issuance; funds safeguarded at DBS/StanChart/UOB.
- The ledger
- The e-money institution’s own ledger.
- If it fails
- Safeguarded funds are returned in administration — ring-fenced, but access can be frozen and slow.
Derived from YouTrip’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional · travel & digital nomads |
| HQ | Singapore, SG |
| Founded | 2018 |
| Custody | Custodial |
| Regulation type | E-money institution |
| License detail | Major Payment Institution (MPI) license from MAS, Singapore — e-money issuance; funds safeguarded at DBS/StanChart/UOB |
| Card | MC · Prepaid multicurrency |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Asia |
| Countries | Singapore, Thailand, Malaysia |
| Founders | Caecilia Chu, Arthur Mak |
| Funding | ~$100M+ raised |
Verified links: official site ↗ · @YouTripApp ↗
Common questions about YouTrip
What is YouTrip?
YouTrip is a fiat neobank built for travel & digital nomads, headquartered in Singapore, SG and founded in 2018. Your money is held custodially, so YouTrip or its partner bank holds the balance and you hold a claim on it. It is regulated as an e-money institution (Major Payment Institution (MPI) license from MAS, Singapore — e-money issuance; funds safeguarded at DBS/StanChart/UOB).
Does YouTrip have a card, and where can you use it?
It issues a Mastercard prepaid multicurrency card. It is available in 3 countries, across Asia.
Does YouTrip require KYC?
Yes. YouTrip requires identity verification (KYC) to open an account, as a e-money institution.
Early investors
Head-to-head
YouTrip vs Wise · YouTrip vs Niyo
Peers
Wise · KakaoBank · WeBank · bKash · Maya · GCash
YouTrip appears in
Neobanks authorised as e-money institutions (48) · Neobanks available in Asia (132) · Neobanks for travel and digital nomads (10) · Neobanks that issue a Mastercard (150) · Neobanks in Singapore (12)
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.