{
  "slug": "sg-fintech",
  "name": "Singapore fintech",
  "updated": "2026-09-21",
  "page": "https://godofstartups.com/atlas/markets/sg-fintech",
  "license": "https://creativecommons.org/licenses/by/4.0/",
  "facts": [
    {
      "metric": "FinTech companies in Singapore funds raised in first quarter",
      "value": "650",
      "unit": "SGD million",
      "geo": "SG",
      "period": "Q1 2021",
      "tier": 1,
      "status": "ready",
      "url": "https://www.bis.org/review/r210705h.htm"
    },
    {
      "metric": "Gross National Income per capita, PPP, by country, World Bank",
      "value": "135750",
      "unit": "current international $",
      "geo": "SG",
      "period": "2025",
      "tier": 1,
      "status": "ready",
      "url": "https://data.worldbank.org/indicator/NY.GNP.PCAP.PP.CD"
    },
    {
      "metric": "Total registered enterprises in Singapore, of which SMEs",
      "value": "371",
      "unit": "thousand enterprises",
      "geo": "SG",
      "period": "2025",
      "tier": 1,
      "status": "ready",
      "url": "https://tablebuilder.singstat.gov.sg/api/table/tabledata/M600981"
    },
    {
      "metric": "Fintech venture deal value, Singapore-based firms (reported as over)",
      "value": "2.1",
      "unit": "SGD billion",
      "geo": "SG",
      "period": "2025",
      "tier": 1,
      "status": "ready",
      "url": "https://www.enterprisesg.gov.sg/resources/media-centre/media-releases/2026/may/mr02726_singapores-venture-funding-shows-resilience-amid-sea-slowdown"
    },
    {
      "metric": "Singapore share of ASEAN-6 fintech venture funding",
      "value": "74",
      "unit": "percent",
      "geo": "SG",
      "period": "2025",
      "tier": 1,
      "status": "ready",
      "url": "https://www.enterprisesg.gov.sg/resources/media-centre/media-releases/2026/may/mr02726_singapores-venture-funding-shows-resilience-amid-sea-slowdown"
    },
    {
      "metric": "New businesses registered, Singapore, World Bank",
      "value": "52248",
      "unit": "count",
      "geo": "SG",
      "period": "2024",
      "tier": 1,
      "status": "ready",
      "url": "https://data.worldbank.org/indicator/IC.BUS.NREG?locations=SG"
    },
    {
      "metric": "Account ownership at a financial institution or mobile-money provider, Singapore, World Bank Findex",
      "value": "97.97",
      "unit": "percent of population ages 15+",
      "geo": "SG",
      "period": "2024",
      "tier": 1,
      "status": "ready",
      "url": "https://data.worldbank.org/indicator/FX.OWN.TOTL.ZS?locations=SG"
    },
    {
      "metric": "Share of household expenditure paid via e-payment methods, Singapore",
      "value": "60.4",
      "unit": "percent of average monthly household exp",
      "geo": "SG",
      "period": "2023 (up from 39.3% in 2017/18)",
      "tier": 1,
      "status": "ready",
      "url": "https://www.singstat.gov.sg/files/61a985c0-9045-4396-9b22-0c8d9e5c1928.pdf"
    },
    {
      "metric": "Share of household expenditure via e-payment by income quintile, Singapore",
      "value": "51.8-65.6",
      "unit": "percent of average monthly household exp",
      "geo": "SG",
      "period": "2023",
      "tier": 1,
      "status": "ready",
      "url": "https://www.singstat.gov.sg/files/61a985c0-9045-4396-9b22-0c8d9e5c1928.pdf"
    },
    {
      "metric": "Number of Major Payment Institution licences granted, Singapore",
      "value": "149 (2021) -> 240 (2026)",
      "unit": "count of licensed entities",
      "geo": "SG",
      "period": "2021-2026",
      "tier": 1,
      "status": "ready",
      "url": "https://tablebuilder.singstat.gov.sg/api/table/tabledata/M700411"
    },
    {
      "metric": "Number of licensed payment services providers, Singapore",
      "value": "414 (2021) -> 486 (2026)",
      "unit": "count of licensed entities",
      "geo": "SG",
      "period": "2021-2026",
      "tier": 1,
      "status": "ready",
      "url": "https://tablebuilder.singstat.gov.sg/api/table/tabledata/M700411"
    },
    {
      "metric": "Digital payment adoption by country, World Bank Global Findex (made or received a digital payment, % age 15+)",
      "value": "94.8",
      "unit": "% of population age 15+",
      "geo": "SG",
      "period": "2021",
      "tier": 1,
      "status": "ready",
      "url": "https://data.worldbank.org/indicator/g20.any?locations=ID-VN-PH-TH-MY-SG"
    },
    {
      "metric": "Adults who made or received a digital payment, Singapore, World Bank Global Findex",
      "value": "94.838043412618",
      "unit": "percent of adults age 15+",
      "geo": "SG",
      "period": "2021",
      "tier": 1,
      "status": "ready",
      "url": "https://data.worldbank.org/indicator/g20.any?locations=SG"
    },
    {
      "metric": "Cheque share of combined FAST/GIRO/cheque transaction volume, Singapore",
      "value": "32 (2016) -> 4 (2022)",
      "unit": "% share of FAST+GIRO+cheque transaction",
      "geo": "SG",
      "period": "2016-2022",
      "tier": 1,
      "status": "ready",
      "url": "https://www.mas.gov.sg/news/parliamentary-replies/2023/written-reply-to-parliamentary-question-on-cheque-transition"
    },
    {
      "metric": "Adults unable to come up with emergency funds within 30 days, by SEA country, World Bank Global Findex 2024",
      "value": "0",
      "unit": "% of population age 15+ reporting it is",
      "geo": "SG",
      "period": "",
      "tier": 1,
      "status": "ready",
      "url": "https://data.worldbank.org/indicator/fin24aN"
    },
    {
      "metric": "Year-on-year growth of Singapore digital lending loan book",
      "value": "12",
      "unit": "percent",
      "geo": "SG",
      "period": "2025",
      "tier": 2,
      "status": "proxy",
      "url": "https://www.bain.com/about/media-center/press-releases/sea/e-conomy-sea-2025/"
    },
    {
      "metric": "Median Series B pre-money valuation, Singapore tech startups",
      "value": "37",
      "unit": "USD million",
      "geo": "SG",
      "period": "2024",
      "tier": 3,
      "status": "proxy",
      "url": "https://www.svca.org.sg/sites/default/files/2025-10/Cento_SE-Asia-Tech-Investment_2024.pdf"
    },
    {
      "metric": "Average monthly household expenditure on insurance and financial services, Singapore",
      "value": "590",
      "unit": "SGD/month per household",
      "geo": "SG",
      "period": "2023",
      "tier": 1,
      "status": "context",
      "url": "https://tablebuilder.singstat.gov.sg/api/table/tabledata/D10060"
    }
  ],
  "note": "status: ready = two or more independent sources or an official series; proxy = one source; context = macro background, not a validation figure."
}