5 FinTechs offering Embedded Financing solutions in Singapore

By Gloria Mathias

Embedded finance refers to the integration of financial services within non-financial platforms or applications, allowing users to access banking, payment, insurance, lending, and investment services seamlessly within their everyday digital experiences.

In Singapore, a global financial hub known for its innovative financial technology ecosystem, embedded finance is rapidly transforming the landscape. Companies across various sectors, from e-commerce to ride-hailing and beyond, are embedding financial products directly into their platforms, enhancing customer experiences by offering convenient and accessible financial solutions. This trend is supported by Singapore’s progressive regulatory framework, advanced digital infrastructure, and a culture of technological adoption.

The Monetary Authority of Singapore (MAS) actively encourages FinTech innovation through initiatives like the FinTech Regulatory Sandbox. This enables companies to experiment with new financial products in a controlled environment, further driving the growth and integration of embedded finance in the region.

Listed below are 5 FinTechs offering embedded financing solutions in Singapore:

• Atome

Atome is a mobile app and payment method that allows consumers to split their bills into three equal interest-free payments over three months. Atome is available in Singapore and Malaysia and supports both online and in-person purchases.

• bolttech

bolttech is an international InsurTech company building a technology-enabled ecosystem for protection and insurance. Headquartered in Singapore, bolttech serves customers in 35+ markets across North America, Asia, Europe and Africa. With a full suite of digital and data-driven capabilities, bolttech powers connections between insurers, distributors, and customers to make it easier and more efficient to buy and sell insurance and protection products.

• Brankas

Brankas is a global open finance technology company that provides API-based solutions, data, and payments for financial service providers and online businesses. Brankas partners with banks to build and manage their open finance infrastructure. Their technology enables online businesses, FinTech companies, and digital banks to create new digital experiences for their users.

• Decentro

Decentro Tech Pte Ltd. is an RBI-authorized online payment aggregator and API banking platform that allows companies and developers to integrate with banks and other financial institutions. Decentro’s APIs for Fast and Secure Transactions (FAST) allow users to transfer funds between participating banks in Singapore securely.

• Matchmove

MatchMove is a FinTech disrupting the digital payments and next-generation banking industry with its proprietary embedded finance solutions available within any app. By acquiring Shopmatic, MatchMove has expanded its services to include Spend, Send, Lend, Sell and more. MatchMove’s platform empowers businesses and their customers to easily and safely spend both online and offline through instantly issued cards on major card networks.