NewGens

What NewGens does

NewGens Pte Ltd is a Singapore-headquartered, privately held IT services and platform provider founded in 2000, specializing in secure payments, SWIFT infrastructure, and compliance solutions for financial institutions. The company operates from offices in Singapore, Kuala Lumpur, Jakarta, and Bangkok, serving more than 250 sites across 10+ APAC countries and claiming engagement with over 30% of FSIs in ASEAN. Its primary customer base is banks and financial services institutions requiring SWIFT implementation, message scheme conversion (ISO 20022 and legacy formats), payment integration, anti-money laundering compliance, and Customer Security Programme (CSP) assessments.

The company's core proprietary asset is the NewGens Message Hub, a unified cloud-ready platform that handles financial messaging needs including scheme conversion, back-office integration, message workflow processing, and a payments message warehouse for analytics, reconciliation, and regulatory reporting. This platform is complemented by Swift Essentials Integrated Solutions (EIS) — implementation and support services covering SwiftGPI, SwiftRef, Payment Pre-Validation, Case Management, and Messaging API — as well as Swift-focused migration and system care services (SA 7.9/8.0, AC evolution). NewGens is a recognized SWIFT CSP assessor with 7+ years of assessment experience and holds ISO 22301, ISO 27001, and ISO 9001 certifications issued by the Singapore Accreditation Council.

NewGens generates revenue primarily through professional IT services and managed services for SWIFT infrastructure, payment integration, and cybersecurity engagements, augmented by compliance assessment fees and platform-related work tied to Message Hub. Its go-to-market is direct enterprise field sales targeting FSI buyers across APAC, supported by a website-led content strategy and a network of technology partners including SWIFT (strategic partner), Eastnets, Axway, Intercope, Paraview, FortiComply, and TrustedHub. Pricing is quote-based and bespoke, with sales conversion running through consultation requests and 1–2 business day response times. The company is founder/management-owned with no disclosed venture or private equity backing.

Name

NewGens

Legal name

NewGens Pte Ltd

Website

https://newgens.com.sg

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

NewGens is a Singapore-based SWIFT-focused IT services and platform provider serving banks and financial institutions across Southeast Asia, offering payment messaging integration, ISO 20022 conversion, CSP assessments, and compliance solutions across 250+ sites in 10+ countries.

Ownership category

akta.pro rank

Product category

Secure Payments and SWIFT Integration Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Custom Computer Programming Services (541511), Other Computer Related Services (541519)

SIC

Telegraph & Other Message Communications (4822), Finance Services (6199)

akta.pro primary industry

Wire/RTP Message Formatting, Routing & Translation (ISO 20022 / MT-MX) (FSAMAHAE)

akta.pro secondary industries

International Wire Transfer Processing (SWIFT/Correspondent Banking) (FSAMAHAB), Payments Operations (ACH/Wire/RTGS, SWIFT, SEPA, Checks) (FSABALAB)

Keywords

• Secure payment solutions
• SWIFT implementation services
• Financial messaging platform
• Payment integration services
• SWIFT CSP compliance

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional IT Services: Expert IT consulting, support services, and implementation services for financial institutions including SWIFT implementation, payment integration, and cybersecurity solutions.
2. Managed Services: Ongoing support packages, system care, and maintenance services for SWIFT infrastructure and payment systems.
3. Compliance Assessment Services: Independent Swift CSP compliance assessments performed by certified assessors for financial institutions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

NewGens provides secure payments technology and professional services to financial institutions, including its proprietary NewGens Message Hub platform for financial messaging with ISO 20022 and legacy format conversion, SWIFT implementation and consulting, payment integration, CSP compliance assessments, anti-money laundering solutions, and AI-powered sanction screening. Offerings are delivered by SWIFT-certified experts across more than 250 customer sites in over 10 APAC countries.

Product overview

NewGens is a platform-plus-services provider offering integrated financial technology solutions across payment messaging, compliance, and cybersecurity. The core product is the NewGens Message Hub—a unified cloud-ready platform for financial messaging with scheme conversion supporting ISO 20022 and legacy formats. This core platform is complemented by Swift Essentials Integrated Solutions (EIS) providing access to SwiftGPI, SwiftRef, Pre-Validation, Case Management, and Messaging API; Swift-focused Services handling migration (SA 7.9/8.0), system care, and tech refresh; and CSP Assessment for security compliance. Additional modules include AI-powered sanction screening for reducing false positives and TrustedHub AI integration for agentic workflow automation. Services span networking implementation, trade-based AML solutions, and cybersecurity. All offerings are delivered by certified Swift experts with over 25 years of APAC regional experience.

Differentiator

Problem solved

Functional benefit

Products and services

• NewGens Message Hub Unified cloud-ready platform supporting all financial messaging needs including message scheme conversion (ISO 20022 and legacy formats), seamless back-office integration, comprehensive message workflow processing, and an advanced payments message warehouse for analytics, reconciliation, and regulatory reporting. Designed for financial institutions running SWIFT and cross-border payment operations.
• Swift-focused Services Professional services for SWIFT member institutions covering SA 7.9 migration, SA 8.0 migration, AC evolution, Swift System Care, annual CSP assessment, and tech refresh and platform updates, delivered by SWIFT-certified experts.
• Swift Essentials Integrated Solutions (EIS) Implementation and on-going support services that enable customers' back-office legacy applications to access SWIFT network capabilities including SwiftGPI, SwiftRef, Pre-Validation, Case Management, and Messaging API.
• CSP Assessment Independent SWIFT Customer Security Programme compliance assessment evaluating security controls against CSCF requirements, including independent assessment, on-site verification, and attestation support performed by SWIFT-certified assessors.
• Networking Implementation and Integration Network infrastructure services for financial institutions including LAN/WAN setup, firewall and switch configuration, wireless deployments, and SD-WAN integration to deliver secure, scalable connectivity.
• Trade-Based Anti-Money Laundering Solution Compliance offering focused on detection and prevention of trade-based money laundering for financial institutions engaged in cross-border trade finance and payments.
• AI Sanction Screening AI-powered sanction screening solution that reduces false positives through anomaly detection and pattern recognition across structured transaction data, watchlist matching, and compliance documentation.

Quantifiable outcome

• Serving more than 250 sites in over 10 countries
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability6 records

Feature4 records

Partnerships

One partnership is on record.

• SWIFTcoreStrategic or Co-development PartnerStrategic partner of SWIFT across Asia Pacific. NewGens provides Swift implementation, consultancy, SA 7.9/8.0 migration, AC evolution, Swift System Care, annual CSP assessment, and tech refresh services. As a strategic partner, they have a pool of Swift-certified experts and are listed as a recognized assessor in the SWIFT CSP assessor directory.

Scale indicators5 records

Recent moves2 records

Expansion highlights5 records

Broad incumbents

• Murex: Specialist provider of trading, risk, and post-trade processing software for banks and asset managers. Adjacent competitor in capital markets and treasury messaging where NewGens' correspondent banking and SWIFT services overlap.
• Bottomline Technologies: Public fintech offering financial messaging, payments, and treasury solutions with deep SWIFT integration and correspondent banking capabilities. Competes with NewGens on enterprise SWIFT messaging platforms and managed services for banks globally.
• Infosys Finacle: Global SI's flagship banking platform, used by 100+ banks for core banking and payments. Competes with NewGens for large bank transformation mandates including SWIFT integration and ISO 20022 migration work in APAC.
• ACI Worldwide: Large public payments software vendor providing real-time payments, fraud management, and financial messaging infrastructure to banks and intermediaries. Overlaps with NewGens on cross-border payment processing and correspondent banking workflows.
• TietoEVRY Banking (Tieto): Nordic-based IT services and software provider with a dedicated banking and payments practice covering card payments, instant payments, and financial messaging. Comparable to NewGens as a regional system integrator and software vendor to banks.
• HPS (Worldline): Major payments software vendor (now part of Worldline) whose PowerCARD and payment processing platforms serve banks and processors globally. Competes with NewGens at the payments integration and processing layer for financial institutions.

Direct peers

• Eastnets: Global provider of compliance and payments solutions for financial services, serving 800+ FIs including 11 of the top 50 banks. A formal NewGens partner, Eastnets directly competes in SWIFT-adjacent compliance and AML software across the same FSI buyer base.
• Volante Technologies: Specialist in payment message processing and ISO 20022 migration solutions for banks. Directly comparable to NewGens Message Hub as a vendor of cloud-native payment message hubs and ISO 20022 conversion tooling for FIs.
• Intercope: Independent software vendor serving financial institutions for 40 years with its BOX Messaging Hub, a single-window messaging platform. A NewGens partner but also a direct competitor in the financial messaging hub and ISO 20022 conversion space.

Emerging players

• Lusis Payments: Innovative payment processing software vendor focused on high-performance transaction processing for banks and processors. Comparable to NewGens Message Hub as a next-generation, cloud-native payment messaging and processing platform for FIs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/newgens-sg

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

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 NewGens