“Can a legacy Singapore finance company modernise its consumer and SMB banking stack through embedded-finance partnerships without acquiring its own fintech infrastructure?”
Founded in 1969 as a traditional Singapore finance company offering savings, loans, and deposit products. In 2019–2020, Singapura Finance pivoted toward digital banking by partnering with MatchMove Pay to launch the Vivid Prepaid Mastercard — the first prepaid card linked to a savings deposit account in Singapore — using MatchMove's Banking-as-a-Service platform. In 2021, the company deepened its digital transformation by engaging Tagit to enhance its SFL Go digital banking services, signalling a shift from branch-centric operations toward app-first delivery.
Singapura Finance discloses MatchMove Pay (BaaS platform) as its banking provider, according to the Embedded Finance Index 2026.
Singapura Finance does not disclose a bank charter of its own; its banking services are provided through MatchMove Pay (BaaS platform).
Singapura Finance processes payments through MatchMove Pay (prepaid card issuing & e-wallet).
Singapura Finance's cards are issued through MatchMove Pay.
The Embedded Finance Index 2026 maps 4 layers in Singapura Finance's stack: Payments / PSP (MatchMove Pay (prepaid card issuing & e-wallet)); Banking / BaaS (MatchMove Pay (BaaS platform)); Card issuing (MatchMove Pay); Lending (Mortgage Loan (Commercial/Industrial Property), Equipment and Machinery Finance, Motor Vehicle Loan, Land and Construction Financing and 3 others).
Singapura Finance is founded in 1969 and headquartered in 150 Cecil Street, Singapore 069543.
Get a read on where your own stack stands against Singapura Finance and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.