SingX - About the company
SingX is a seed company based in Singapore (Singapore), founded in 2014 by Atul Garg. It operates as a Cross-border money transfer platform. SingX has raised $7M in funding. The company has 773 active competitors, including 72 funded and 34 that have exited. Its top competitors include companies like Payoneer, Remitly and Wise.
Company Details
SingX is a platform offering cross-border money transfer solutions to businesses and individuals. Users can send, receive & make payments through bank transfers, local transfers, among others. Provides mobile top-up and recharge solutions overseas.
- Website
- www.singx.co/
- Email ID
- *****@singx.co
- Registered Address
- 138 CECIL STREET #04-01 CECIL COURT SINGAPORE 069538
Key Metrics
Founded Year
2014
Location
Singapore, Singapore
Stage
Seed
Total Funding
$7M in 3 rounds
Latest Funding Round
Ranked
50th among 773 active competitors
Annual Revenue
3.56M SGD as on Dec 31, 2024
Employee Count
34 as on Jul 01, 2024
Legal entities associated with SingX
SingX is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SingX Singapore Pte Ltd CIN: 201533243W , Singapore, Active | Dec 31, 2013 | $2.66M (As on Dec 31, 2024) | - | |
SINGX CROSS BORDER SOLUTIONS PRIVATE LIMITED CIN: U74999PN2018FTC177555 , India, Active | Jul 05, 2018 | $565K (As on Mar 31, 2025) | - | |
SINGX PTE. LTD. CIN: 201433979Z , Singapore, Active | Nov 18, 2014 | - | - |
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SingX's funding and investors
SingX has raised a total funding of $7M over 3 rounds. Its first funding round was on Jan 2014.
Here is the list of recent funding rounds of SingX:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 15, 2017 | 2507685 | Seed | 5163401 | 6808804 | 7192709 | 6356397 |
2017 | 9259 | Grant (prize money) | 9991 | 9063 | 3948 | 4527 |
Jan 2014 | 6352791 | Seed | 8514999 | 2799705 | 4189340 | 9990514 |
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SingX's founders and board of directors
Founder? Claim ProfileThe founders of SingX is Atul Garg.
Here are the details of SingX's key team members:
- Atul Garg: Founder & CEO of SingX. They serve on the board of 1 company.Contact Info: 1 email address
SingX's Board of Directors
SingX's board has 2 active members. Atul Garg is part of team and Vineet Nagrani is independent board member.Here is the list of SingX's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 6m | |
Independent board member | - | Current | 8y 2m | |
akicxb{ | Independent board member | - | Past | 5y 9m |
View details of SingX's Founder profiles and Board Members
SingX's employee count trend
SingX has 34 employees as of Jul 24. Here is SingX's employee count trend over the years:
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SingX's Competitors and alternates
Top competitors of SingX include Payoneer, Remitly and Wise. Here is the list of Top 10 competitors of SingX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Payoneer 2005, New York City (United States), Public | Provider of cross-border payment solutions for freelancers, businesses, and marketplaces | $269M | 85/100 | |
2nd | Remitly 2011, Seattle (United States), Public | Provider of international money transfer services with multiple delivery options | $436M | 84/100 | |
3rd | Wise 2011, Shoreditch (United Kingdom), Public | Provider of multi-currency accounts, international money transfers, and card services | $1.03B | 81/100 | |
4th |  Xoom 2001, San Francisco (United States), Acquired | Provider of online service for international money transfers, bill payments | $106M | 76/100 | |
5th | MoneyGram 1940, Dallas (United States), Acquired | Provider of global money transfer and payment services for individuals | - | 75/100 | |
6th | TransferGo 2012, London (United Kingdom), Series C | Cross-border remittance solution for consumers and businesses | $110M | 74/100 | |
7th | Remessa Online 2016, Sao Paulo (Brazil), Acquired | Provider of international money transfer services for individuals and businesses | $21.5M | 73/100 | |
8th |  WorldRemit 2010, London (United Kingdom), Series D | Provider of international money transfer and mobile airtime top-up services | $365M | 71/100 | |
9th |  CurrencyFair 2010, Dublin (Ireland), Series B | Cross-border money transfer platform | $23.1M | 70/100 | |
10th |  Aspora 2022, London (United Kingdom), Series B | Operator of a platform facilitating international money transfers and related services | $95.5M | 68/100 | |
50th | Cross-border money transfer platform | $7M | - | 46/100 |
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SingX's Investments and acquisitions
SingX has made no investments or acquisitions yet.
News related to SingX
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Building Secure Transactions: Multi-Layer Security Architecture of SILEGX ExchangeGlobeNewswire•Nov 13, 2024•SingX
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