Founded by a group of ex-bankers, SingX is a Singapore based Fintech startup which is disrupting the cross-border payments industry.
Currently, cross-border payments can incur fees of up to 8% due to hidden costs such as foreign exchange markups, cable charges and bank commissions. Moreover, it is a time-consuming task for customers to physically travel to a bank to make payments. SingX’s online platform is cheaper, faster and more convenient than current payment solutions available in the market. It charges consumers only a fraction of what they typically pay versus current providers. SingX’s proprietary platform significantly improves the customer experience by enabling consumers to register digitally and make payments anytime from their mobile devices.
Technology has opened doors to a faster, cheaper, and more convenient way to make cross-border payments. And SingX is here to make that change happen.