Ingenia Consultants
Ingenia Consultants is a Singapore-based boutique regulatory and compliance consulting firm serving small and mid-sized financial institutions and fintechs with MAS licensing, outsourced compliance, and internal audit services across Singapore and Malaysia, now part of Alpadis Group.
- Company typePrivate
- Founded2019
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Ingenia Consultants does
Ingenia Consultants Pte. Ltd. is a Singapore-headquartered regulatory and compliance consulting firm that serves boutique and mid-sized financial institutions, with a secondary presence in Kuala Lumpur via Ingenia Consultants (Malaysia) Sdn Bhd. The firm delivers three core professional service lines: (1) Compliance Advisory, including outsourced compliance functions and MAS regulatory monitoring; (2) Licensing Services, supporting applications for MAS licenses across fund management (LFMC, RFMC, VCFM), payment services, and capital markets (CMS); and (3) Internal Audit, providing independent control assessments aligned to MAS regulatory and licensing requirements. Underlying these is a RegTech access offering through which Ingenia operates ready-made AML/CFT screening, policy management, and e-learning platforms on behalf of small financial institutions that lack the scale to deploy such tools independently.
The business is a partner-led professional services model with no disclosed pricing tiers; engagements are quote-based and span one-off licensing projects, multi-year outsourced compliance mandates, and recurring internal audit cycles. The go-to-market is sales-led and relationship-driven, supplemented by an active Insights blog on regulatory topics, LinkedIn presence, conference presentations (Hubbis, AIAM), and participation in the Singapore FinTech Association RegTech Sub-committee. Customer segments span Major Payment Institutions, licensed fund management firms, external asset managers, capital markets intermediaries, and fintech startups pursuing MAS licensure.
The company was founded in 2019 by Rolf Haudenschild, consolidating his prior Water Dragon Solutions (trading as Maroon) practice, and was acquired by Alpadis Group in 2024. Headcount sits at approximately 10-12 professionals across Singapore and Malaysia, and the firm draws competitive positioning from its team's regulator-side and global private banking backgrounds (Swiss FINMA, MAS, UBS, Bank of Singapore). Revenue is not publicly disclosed and the firm has not raised external venture funding.
Ingenia Consultants firmographics
Firmographics- Name
- Ingenia Consultants
- Legal name
- Ingenia Consultants Pte. Ltd.
- Website
- https://ingenia-consultants.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ingenia Consultants is a Singapore-based boutique regulatory and compliance consulting firm serving small and mid-sized financial institutions and fintechs with MAS licensing, outsourced compliance, and internal audit services across Singapore and Malaysia, now part of Alpadis Group.
- Ownership category
- akta.pro rank
Ingenia Consultants industry classification
Industry- Product category
- Financial Regulatory & Compliance Consulting
- NAICS
- Management Consulting Services (54161)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Compliance Technology, GRC Platforms & Controls Automation Advisory (BPAHAFAO)
Keywords
Where Ingenia Consultants is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices2 records
Markets served
Ingenia Consultants business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Regulatory Compliance Consulting: Professional consulting services providing regulatory compliance support, including advisory and fully outsourced compliance functions for financial institutions.
- Licensing Support Services: Assistance in obtaining MAS licenses for various financial services including fund management, payment services, and capital markets activities.
- Internal Audit Services: Independent and efficient assessments of internal control environment for financial institutions, including MAS regulatory compliance audits.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Ingenia Consultants product offering
Product offeringCore offering
Ingenia Consultants is a Singapore-based financial regulatory and compliance consulting firm providing professional services to boutique and small-to-medium financial institutions and fintech start-ups. The firm's core offerings include Compliance Advisory (outsourced compliance function, regulatory monitoring, and MAS compliance support), Licensing Services (assistance in obtaining MAS licenses for fund management, payment services, and capital markets activities), and Internal Audit Services (independent internal control assessments aligned with MAS regulatory and licensing requirements). All services focus on MAS regulatory obligations including AML/CFT, FATCA, CRS, and the Payment Services Act.
Product overview
Ingenia Consultants is a financial regulatory and compliance consulting firm providing a suite of advisory services to financial institutions in Singapore. The company operates three core service lines: Compliance Advisory (outsourced compliance function, regulatory monitoring, and MAS compliance support), Licensing Services (assistance with MAS license applications for fund management, payment services, and capital markets), and Internal Audit Services (independent control assessments per MAS requirements). The firm also offers RegTech Solutions, providing access to AML/CFT screening tools, e-learning platforms, and policy management systems for small financial institutions. All services focus on MAS regulatory requirements including AML/CFT, FATCA, CRS, and payment services regulations.
Differentiator
Problem solved
Functional benefit
Products and services
- Compliance Advisory Regulatory compliance support services for MAS-regulated financial institutions, including outsourced compliance function, compliance calendar management, and ongoing regulatory updates. Targeted at boutique and small-to-medium financial institutions lacking in-house compliance resources.
- Licensing Services Assistance in obtaining licences from the Monetary Authority of Singapore (MAS) for various financial services including fund management (A/I LFMC, LFMC, RFMC, VCFM), payment services (Major Payment Institution, Standard Payment Institution, digital payment tokens), and capital markets activities (CMS license, corporate finance advisory, custody). Targeted at fintech start-ups and newly forming financial institutions.
- Internal Audit Services Independent internal control assessments conducted by Certified Public Accountants and Certified Internal Auditors, aligned with MAS regulatory and licensing requirements. Targeted at licensed financial institutions needing periodic independent assessments of their internal control environment.
- AML/CFT Compliance Solutions Anti-Money Laundering and Countering the Financing of Terrorism advisory services including enterprise-wide risk assessments, compliance manuals, AML training, and suspicious transaction reporting guidance. Includes advanced AML/CFT screening systems for corporate structure verification. Targeted at remittance, payment services, and financial institutions subject to AML/CFT obligations.
Quantifiable outcome
- Internal audit services delivered within 8 weeks
- +1 more outcomes
Companies that use Ingenia Consultants
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles3 records
Ingenia Consultants technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Ingenia Consultants partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AlpadismajorIngenia Consultants has been acquired by Alpadis Group. This acquisition expands Alpadis' regulatory capabilities in the Singapore market. The acquisition was announced on the Ingenia website with a redirect to Alpadis website for financial institutions.
Scale indicators2 records
Recent moves7 records
Expansion highlights4 records
Ingenia Consultants competitors and assessment
Company assessmentBroad incumbents
- Kroll: Global risk and financial advisory firm with established APAC compliance, AML, and regulatory consulting practices serving financial institutions. Offers broader portfolio of services than Ingenia and competes on larger mandates while overlapping on boutique and mid-market MAS compliance work.
- Alvarez & Marsal: Global professional services firm with a strong regulatory and risk advisory practice in Asia, including financial services compliance and licensing support. Competes with Ingenia on regulatory mandates for financial institutions across Singapore and broader Southeast Asia.
- KPMG Singapore: Big Four professional services firm with a large financial services advisory practice in Singapore covering regulatory compliance, internal audit, AML, and risk consulting. Competes with Ingenia on internal audit and broader compliance advisory, though typically at larger mandate sizes and price points.
- Vistra: International corporate services and fund administration group with regulatory and compliance offerings for financial institutions in Singapore. Overlaps with Ingenia on MAS licensing, corporate compliance, and ongoing regulatory support for fund managers and fintechs.
- Deloitte Singapore: Big Four advisory practice providing regulatory and compliance consulting to financial institutions across Singapore and Southeast Asia. Overlaps with Ingenia on MAS regulatory advisory, AML/CFT programs, and risk management engagements, with broader scale and global delivery capability.
- TMF Group: Global provider of compliance, regulatory, and fund administration services with significant Singapore presence. Serves a similar client base of boutique FIs and fintechs needing MAS licensing and ongoing compliance support, but with broader geographic reach and a wider service portfolio than Ingenia.
Regional players
- Waystone (formerly Opus Fund Services): Global fund services platform providing compliance, MLRO, and regulatory hosting services to asset managers. Competes with Ingenia's outsourced compliance function offering, particularly for licensed fund management companies (LFMC) and registered fund management companies (RFMC) in Singapore.
Direct peers
- Tricor Axcelasia: Singapore-based corporate services and regulatory consulting arm of Tricor, providing MAS licensing, compliance advisory, and AML services to financial institutions. Closely overlapping product set with Ingenia and competing for the same boutique FI and fintech client segment.
- ComplianceAsia Consulting: Singapore-headquartered compliance consulting firm offering outsourced compliance, AML/CFT, and regulatory advisory to hedge funds, asset managers, and fintechs. Directly competes with Ingenia in the same MAS-licensed client base and very similar service lines (outsourced compliance function, licensing support, internal audit).
- Bovill Asia: Singapore-based regulatory and compliance consultancy specializing in financial services licensing, AML, and ongoing compliance support. Competes head-to-head with Ingenia on MAS licensing applications for fund managers, payment services, and capital markets firms.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Ingenia Consultants social profiles
Digital presenceIngenia Consultants financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ingenia Consultants leadership team
Management profileNumber of profiles
Profiles8 records
Ingenia Consultants subsidiaries and ownership
Company hierarchySubsidiaries1 record
Ingenia Consultants funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ingenia Consultants M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ingenia Consultants
What does Ingenia Consultants do?
Ingenia Consultants is a Singapore-based financial regulatory and compliance consulting firm providing professional services to boutique and small-to-medium financial institutions and fintech start-ups. The firm's core offerings include Compliance Advisory (outsourced compliance function, regulatory monitoring, and MAS compliance support), Licensing Services (assistance in obtaining MAS licenses for fund management, payment services, and capital markets activities), and Internal Audit Services (independent internal control assessments aligned with MAS regulatory and licensing requirements). All services focus on MAS regulatory obligations including AML/CFT, FATCA, CRS, and the Payment Services Act.
Is Ingenia Consultants a public or private company?
Ingenia Consultants is a private company. It is classified as corporate owned and is currently operating.
When was Ingenia Consultants founded?
Ingenia Consultants was founded in 2019. It employs 11 to 50 people.
Where is Ingenia Consultants based?
Ingenia Consultants is headquartered in Singapore, Singapore, in the Asia region.
How does Ingenia Consultants make money?
Three revenue lines are on record. Regulatory Compliance Consulting is the primary driver. The others are licensing Support Services and internal Audit Services.
Who are Ingenia Consultants's main competitors?
Broad incumbents on record are Kroll, Alvarez & Marsal, KPMG Singapore, Vistra, Deloitte Singapore and TMF Group. Waystone (formerly Opus Fund Services) is listed as a regional player. Direct peers are Tricor Axcelasia, ComplianceAsia Consulting and Bovill Asia.
Does Ingenia Consultants have an API?
No public API is recorded for Ingenia Consultants.
What industry is Ingenia Consultants in?
Ingenia Consultants's product category is Financial Regulatory & Compliance Consulting. Its primary akta.pro industry code is BPAHAFAO, Compliance Technology, GRC Platforms & Controls Automation Advisory. Its NAICS code is 54161 and its SIC code is 8742.