Wise
Finance
Revolut
Finance
Wise vs Revolut 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 | Wise | Revolut |
|---|---|---|
| SGD pricing (incl. 9% GST) | S$22.03/mo | S$10.99/mo |
| Free tier | Yes | Yes |
| 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
Wise
While the PSG grant can support IT solutions for Singapore SMEs, it is unconfirmed if Wise is a pre-approved solution under this scheme. No specific business features for Singapore are mentioned in the documents.
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.
Pros & cons — Singapore view
Wise
Pros
+No information available in search results.
+No information available in search results.
Cons
–No information available in search results.
–No information available in search results.
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
Who should choose which
Choose Wise if...
›SMEs (PSG eligibility unconfirmed)
›Startups seeking financial tools
›Individuals seeking finance solutions
›Users needing international transfers
Choose Revolut if...
›Businesses with cross-border operations
›Companies managing multiple currencies
›SMEs needing corporate cards
›E-commerce businesses
Singapore FAQ
Is Wise available in Singapore?
The provided search results do not mention Wise and therefore cannot confirm its availability in Singapore.
Does Wise support SGD pricing?
The provided search results do not contain information about Wise's pricing or currency support.
Is Wise PSG-eligible?
The provided search results describe the PSG grant but do not list specific pre-approved solutions or vendors, so it is unconfirmed if Wise is PSG-eligible.
Is Wise PDPA compliant?
The provided search results do not mention Wise's PDPA compliance status.
Want to explore each tool further?
Read our full Singapore reviews before deciding.