What SingX does

SingX is a Singapore-based digital cross-border payments company founded in 2014 that operates a consumer and SMB remittance platform covering more than 180 countries. It is registered as SingX Pte Ltd (UEN 201433979Z) and operates its MAS-regulated remittance business through the group company SingX Singapore Pte Ltd (UEN 201533243W, license PS20200369). The platform targets three primary segments: individuals (primarily migrant workers and expatriates in Singapore, Hong Kong, and Australia), small and medium businesses needing cross-border vendor payments or international payroll, and Overseas Filipinos served via the December 2025 Bank of the Philippine Islands partnership. Customer testimonials reference transparent pricing, competitive FX, and same-day delivery, especially across the Singapore-India and Singapore-Philippines corridors. Regulatory positioning includes MAS licensing and ISO 27001 certification.

The platform is delivered through three core products: Global Money Transfers (covering 180+ countries via local currency and SWIFT rails), the proprietary SingX SGD Wallet (a pre-funded wallet enabling top-up once and reuse across transactions), and native mobile applications on iOS and Android. Customer onboarding leverages Singapore's national digital identity (SingPass) for under-five-minute registration, and the platform displays live interbank exchange rates without markup. Distribution is digital-first via self-serve web and mobile, supplemented by an embedded B2B channel partnership with BPI that targets an estimated 800,000 Overseas Filipinos across Singapore, Hong Kong, and Australia with fees starting at S$3.75 and 24/7 instant transfers to BPI accounts in the Philippines.

Revenue is generated primarily through transaction-based streams: a nominal per-transfer fee starting at S$3.75 and an FX spread on currency conversion (the platform markets live interbank rates with no markup, implying competitive but profitable FX margins). The company employs 51-100 people, has been recognized with the MAS Global Fintech Award (2017) and a Hottest Startup designation (2018), and operates with limited disclosed external capital—only one funding round of USD 4.5M in August 2017 is referenced in the data. There are no publicly disclosed AI/ML, R&D, or data-asset capabilities despite the underlying remittance category where such tooling is increasingly standard.

Name

SingX

Legal name

SingX Pte Ltd

Website

https://singx.co

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

SingX is a Singapore-based digital remittance company founded in 2014 that offers cross-border money transfers to 180+ countries via web and mobile apps, serving individuals, small businesses, and overseas workers—particularly through a Bank of the Philippine Islands channel partnership announced in December 2025.

Ownership category

akta.pro rank

Product category

Cross-Border Remittance

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Digital Payments & Money Movement (ACH/SEPA/FPS, Bill Pay, P2P) (FSAGAAAF)

akta.pro secondary industries

Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)

Keywords

• Cross-border remittance
• Money transfer services
• International payments
• Digital remittance platform
• Foreign exchange services

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure, Others

Revenue model

1. Transaction Fees: Nominal transaction fees charged per transfer, shown upfront with no hidden charges. Fee starts at S$3.75 for international transfers.
2. Foreign Exchange Spread: Revenue generated from the difference between interbank exchange rates and rates offered to customers. Company offers live exchange rates with no markups, suggesting competitive but profitable FX margins.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

SingX is a Singapore-based digital cross-border payments company that enables individuals and businesses to send money to over 180 countries via local currency and SWIFT payment rails. Its core offering centers on Global Money Transfers supported by the proprietary SingX SGD Wallet (top up once, use multiple times), live exchange rates with no markups, transparent transaction fees starting at S$3.75, and 24/7 self-serve digital access through web and mobile apps.

Product overview

SingX is a digital cross-border payments platform offering a unified suite of products for international money transfers. The core offering consists of Global Money Transfers (covering 180+ countries via local and SWIFT payment rails), the SingX SGD Wallet (for convenient fund management without repeated top-ups), and a Mobile App (for iOS and Android). Users can register via SingPass, send funds 24/7, and track transfers in real-time. The platform differentiates through competitive exchange rates, low fees, and same-day transfers.

Differentiator

Problem solved

Functional benefit

Products and services

• Global Money Transfers Digital cross-border remittance service enabling users to send money to over 180 countries worldwide with live exchange rates, low fees, and same-day delivery via local and SWIFT payment rails. Designed for both individual remitters and businesses with cross-border payment needs.
• SingX SGD Wallet Proprietary Singapore-dollar digital wallet that allows users to top up once and use multiple times for transactions, eliminating the need to transfer funds for every remittance. Targets individual and business users of the SingX platform.
• SingX Mobile App Native mobile application for iOS and Android that lets users check live exchange rates, send money overseas anytime, and track transfers on the go.

Quantifiable outcome

• Same-day transfers to recipient accounts
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Bank of the Philippine Islands (BPI)coreChannel Partner/ Reseller/ Distributor · 4 December 2025Bank of the Philippine Islands partnered with SingX Singapore Pte. Ltd. to provide digital remittance services for Overseas Filipinos in Singapore, Hong Kong, and Australia. The partnership enables instant fund transfers to BPI accounts in the Philippines around the clock. Transactions have no transfer limits and fees start at S$3.75. The partnership expands BPI's remittance footprint across key global hubs serving an estimated 800,000 Filipinos and aligns with BPI's commitment to digitalization.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCbqejoxNBQAcTzGPMGD_knw
• Facebookfacebook.com/singx.co
• LinkedInlinkedin.com/company/singx

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SingX