YNAB
Finance
Revolut
Finance
YNAB 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 | YNAB | Revolut |
|---|---|---|
| SGD pricing (incl. 9% GST) | S$21.99/mo | S$10.99/mo |
| Free tier | No | 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
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.
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
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.
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 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
Choose Revolut if...
›Businesses with cross-border operations
›Companies managing multiple currencies
›SMEs needing corporate cards
›E-commerce businesses
Singapore FAQ
Is YNAB available in Singapore?
Yes, YNAB is a web and mobile application accessible from Singapore. However, automatic bank syncing is primarily supported for US, Canadian, UK, and select European banks, meaning Singapore users might need to manually import transactions.
Does YNAB support SGD pricing?
No, YNAB's pricing is listed in USD. Users will be charged in USD, and any applicable taxes or exchange rates will be handled by their bank or payment provider.
Is YNAB PSG-eligible?
The provided search results do not contain information confirming YNAB's PSG eligibility in Singapore.
Is YNAB PDPA compliant?
The search results mention a Privacy Policy and 'Your Privacy Choices' but do not explicitly state compliance with Singapore's PDPA.
Want to explore each tool further?
Read our full Singapore reviews before deciding.