Revolut
Finance
YNAB
Finance
Revolut vs YNAB in Singapore — which is right for your business?
Both are finance tools used by Singapore businesses. Here is a side-by-side comparison covering SGD pricing, PSG eligibility, PDPA compliance, and local context to help you decide.
Singapore-specific comparison
| Criterion | Revolut | YNAB |
|---|---|---|
| SGD pricing (incl. 9% GST) | S$10.99/mo | S$21.99/mo |
| Free tier | Yes | No |
| PSG grant eligible | Checking | Checking |
| PDPA compliant | No | No |
| SG / APAC data centre | Not confirmed | Not confirmed |
| GST / InvoiceNow ready | No | No |
| PayNow / local bank feeds | No | No |
| CPF payroll support | No | No |
| SkillsFuture eligible | No | No |
Stackd verdict
Revolut
Revolut Business caters to Singapore-registered companies, allowing them to manage international payments and expenses effectively. It offers local account details for various currencies, streamlining cross-border transactions for businesses operating here.
YNAB
YNAB's lack of Singapore-specific business features like GST filing or CPF compliance makes it unsuitable for formal business accounting. It might serve only as a basic internal budgeting tool for very small entities.
Pros & cons — Singapore view
Revolut
Pros
+Multi-currency accounts in 25+ currencies with local details
+Corporate cards available (complimentary metal cards on higher tiers)
+Competitive interbank FX rates (within limits)
+Supports international transfers in 30+ currencies
Cons
–Fees for exceeding monthly FX limits
–Fees for additional international and domestic transfers beyond plan allowance
–Additional 1% fee for exchanges outside foreign exchange market hours
YNAB
Pros
+Shared budgeting feature useful for small teams or joint ventures (up to 6 users).
+Clear oversight of finances through real-time tracking and goal setting.
+Encourages disciplined spending and financial planning within a team.
+Proven methodology helps users save significantly (up to $6000 in first year).
Cons
–Not designed for complex business accounting, payroll, or tax compliance (e.g., Singapore GST/CPF).
–Limited to 6 users, not scalable for larger businesses.
–No specific business reporting or invoicing capabilities.
Who should choose which
Choose Revolut if...
›Businesses with cross-border operations
›Companies managing multiple currencies
›SMEs needing corporate cards
›E-commerce businesses
Choose YNAB if...
›Solopreneurs managing personal and business finances
›Small teams with shared project budgets
›Startups needing basic expense tracking for a few members
›Individuals seeking financial discipline
Singapore FAQ
Is Revolut available in Singapore?
Yes, Revolut launched in Singapore in 2019 and serves both personal and business users, holding a Major Payment Institution licence from MAS.
Does Revolut support SGD pricing?
Yes, Revolut offers personal and business plans with monthly fees quoted in SGD, starting from S$0 for free tiers.
Is Revolut PSG-eligible?
The provided search results do not confirm if Revolut is PSG-eligible.
Is Revolut PDPA compliant?
The provided search results do not confirm if Revolut is PDPA compliant.
Want to explore each tool further?
Read our full Singapore reviews before deciding.