Singapore Fintech Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Singapore Fintech Market Is Segmented By Service Proposition (Money Transfer And Payment, Savings And Investment, Digital Lending And Lending Investment, Online Insurance And Insurance Marketplaces, And Other Service Offerings), And By End-User (Banking, E-Commerce, Income Tax Returns, Insurance, And Securities). The Market Size And Forecast For The Singapore Fintech Market In Terms Of Transaction Volume And/Or Revenue (USD) For All The Above Segments.

Singapore Fintech Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Singapore Fintech Market Size

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Singapore Fintech Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 42.77 Billion
Market Size (2030) USD 69.64 Billion
CAGR (2025 - 2030) 10.24 %
Market Concentration Low

Major Players

Singapore Fintech Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Singapore Fintech Market with other markets in Financial Services and Investment Intelligence Industry

Insurance

Alternative Investments

Wealth Management

Fintech

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Asset Management

Singapore Fintech Market Analysis

The Singapore Fintech Market size in terms of transaction value is expected to grow from USD 42.77 billion in 2025 to USD 69.64 billion by 2030, at a CAGR of 10.24% during the forecast period (2025-2030).

The COVID-19 pandemic had a big effect on the Singapore fintech market when it broke out. Even though the pandemic shook up a lot of industries, the fintech sector held up pretty well, and in some cases, it even did better because of it. With the pandemic, there was more demand for digital services like online banking and digital payments. This gave fintech companies new chances to come up with new ways to meet the changing needs of businesses and consumers. As social distancing measures were put in place, there was a surge in e-commerce transactions. This led to more people wanting safe and quick ways to pay, which helped the fintech industry grow.

Singapore is the only place in Southeast Asia where both investors and entrepreneurs can find everything they need for FinTech. Singapore has regulatory support, talent, tax treaties, ownership, and share structures, and its politically friendly standing in the region makes it good for innovation and expansion into other markets. During the first wave of FinTech, most startup activity and funding were focused on making payments and loans easier to help more people in Southeast Asia get access to money. As the payments and lending space matures, new sub-sectors are emerging. New entrants to the FinTech sector have shifted gears and are exploring white spaces in wealth management, capital markets, insurtech, regtech, and data analytics. This development has given rise to a vibrant FinTech landscape.

Singapore Fintech Industry Overview

The Singapore fintech market is highly competitive and fragmented, as Singapore has been proven to be the largest market for the fintech industry throughout Asia. The Singapore FinTech ecosystem is developing faster and faster each year, with more and more companies and incumbents seeking new opportunities to collaborate, connect, and co-create that cater to numerous clients and cover a broad range of services such as digital payments, alternative finance, wealth management, and blockchain, among others. Singapore groups such as Bambu, Matchmove, MoneySmart, and TrackInvest have been focusing on innovating the fintech industry and leading the Singapore fintech market to new heights.

Singapore Fintech Market Leaders

  1. Bambu

  2. Matchmove

  3. MoneySmart

  4. TrackInvest

  5. Hatcher Plus Pte Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Singapore Fintech Market Concentration
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Singapore Fintech Market News

  • In September 2023, BitDATA Exchange partnered with MatchMove, a leading embedded finance enabler, to introduce a next-generation solution that transforms the way businesses manage their digital assets.
  • In July 2023, MatchMove and Stripe collaborated to provide seamless payments for partners and merchants on the MatchMove-owned Shopmatic platform. MatchMove has integrated Stripe payments. MatchMove enables companies to offer a fully branded secure mobile wallet solution.
  • November 2022: The United Kingdom and Singapore have agreed a new MoU boosting fintech trade and cooperation at their 7th Financial Dialogue in Singapore

Singapore Fintech Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS AND INSIGHTS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Industry Value Chain Analysis
  • 4.5 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.5.1 Bargaining Power of Buyers
    • 4.5.2 Bargaining Power of Suppliers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Intensity of Competitive Rivalry
  • 4.6 Insights of Technology Innovations in the Market
  • 4.7 Insights on Various Regulatory Trends Shaping the Market
  • 4.8 Impact of COVID-19 on the Market

5. MARKET SEGMENTATION

  • 5.1 By Service Proposition
    • 5.1.1 Money Transfer and Payments
    • 5.1.2 Savings and Investments
    • 5.1.3 Digital Lending & Lending Investments
    • 5.1.4 Online Insurance & Insurance Marketplaces
    • 5.1.5 Other Service Propositions
  • 5.2 By End-User
    • 5.2.1 Banking
    • 5.2.2 E-Commerce
    • 5.2.3 Income Tax Returns
    • 5.2.4 Insurance
    • 5.2.5 Securities

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Competition Overview
  • 6.2 Company Profiles
    • 6.2.1 Funding Societies
    • 6.2.2 Skuad
    • 6.2.3 MatchMove Pay
    • 6.2.4 Silent eight
    • 6.2.5 TrakInvest
    • 6.2.6 Vauld
    • 6.2.7 MoneySmart
    • 6.2.8 Advance.AI
    • 6.2.9 Singlife
    • 6.2.10 Aspire
    • 6.2.11 Hatcher Plus Pte Ltd.
    • 6.2.12 Bambu*
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. DISCLAIMER AND ABOUT US

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Singapore Fintech Industry Segmentation

Singapore fintech is one of the largest fintech industries as businesses and people increasingly prefer digitized means of driving financial products for their investments, evaluation, and payments through a huge variety of fintech platforms for various types of financial products. A complete background analysis of the Singapore Fintech Market, which includes an assessment of the economy, a market overview, market size estimation for key segments, emerging trends in the market, market dynamics, and key company profiles, is covered in the report. 

The Singapore Fintech Market Is Segmented By Service Proposition (Money Transfer And Payment, Savings And Investment, Digital Lending And Lending Investment, Online Insurance And Insurance Marketplaces, And Other Service Offerings), And By End-User (Banking, E-Commerce, Income Tax Returns, Insurance, And Securities). The Market Size And Forecast For The Singapore Fintech Market In Terms Of Transaction Volume And/Or Revenue (USD) For All The Above Segments.

By Service Proposition Money Transfer and Payments
Savings and Investments
Digital Lending & Lending Investments
Online Insurance & Insurance Marketplaces
Other Service Propositions
By End-User Banking
E-Commerce
Income Tax Returns
Insurance
Securities
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Singapore Fintech Market Research FAQs

How big is the Singapore Fintech Market?

The Singapore Fintech Market size is expected to reach USD 42.77 billion in 2025 and grow at a CAGR of 10.24% to reach USD 69.64 billion by 2030.

What is the current Singapore Fintech Market size?

In 2025, the Singapore Fintech Market size is expected to reach USD 42.77 billion.

Who are the key players in Singapore Fintech Market?

Bambu, Matchmove, MoneySmart, TrackInvest and Hatcher Plus Pte Ltd are the major companies operating in the Singapore Fintech Market.

What years does this Singapore Fintech Market cover, and what was the market size in 2024?

In 2024, the Singapore Fintech Market size was estimated at USD 38.39 billion. The report covers the Singapore Fintech Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Singapore Fintech Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Singapore Fintech Industry Report

The Singapore fintech market is experiencing significant industry growth, driven by strong government support and a robust regulatory framework. The industry trends indicate that innovations such as mobile payments, digital banking, blockchain technology, peer-to-peer lending, and robo-advisory services are becoming increasingly popular. The market leaders in this space are enhancing customer experience through collaboration with traditional financial institutions.

According to industry reports, the market size and market value of the Singapore fintech sector are expanding, with digital payment platforms, online lending, and digital wealth management services gaining traction among consumers and businesses. The market segmentation includes various service propositions such as money transfer and payment, savings and investment, digital lending and lending investment, online insurance and insurance marketplaces, and other service offerings.

The industry outlook for the Singapore fintech market is positive, with continued market growth expected due to technological advancements and changing consumer behavior. Detailed industry analysis and market data provided by Mordor Intelligence™ Industry Reports offer insights into the historical overview and forecast outlook of the market. The market review highlights the increasing adoption of fintech solutions across different end-user segments, including banking, e-commerce, income tax returns, insurance, and securities.

Industry statistics reveal that the fintech market in Singapore is characterized by rapid growth and transformation. The market forecast suggests that the sector is well-positioned for further expansion. Research companies are actively involved in analyzing the market trends and providing comprehensive industry research.

The market overview and market predictions emphasize the importance of fintech innovations in shaping the future of the financial industry in Singapore. With a focus on industry information and industry sales, the report example provides a detailed analysis of the market structure and dynamics. The market outlook remains optimistic, with industry worth and market capitalization expected to rise.

Overall, the Singapore fintech market is thriving, supported by a conducive business environment and a forward-looking regulatory framework. The industry profile and industry pdf offer valuable insights into the growth rate and market segments, making it a key area of interest for stakeholders and investors.