Singapore is known for its technology, innovation, and uniqueness. Startups in Singapore have the same characteristics thanks to a friendly business environment. For this reason, entrepreneurs worldwide flock to Singapore to launch their business plans.

Singapore is a city-state with a reputation for being wealthy and advanced in many aspects. Top startups in Singapore are readily available thanks to venture capital. Check out the most relevant startups of 2022 and see how they are successful in this Asian nation here.

Voiopay

Voiopay is a Singapore startup founded in 2020 and based in Midview City, Singapore. Its focus is providing a fintech platform for customers to submit expense reports digitally. It provides a safe, inclusive, and convenient service. In February 2021, the company completed a Seed Round. At that time, the company raised USD 2.2 million from several investors. Nowadays, the company has between 11 and 50 employees. The founder is Rajith Shaji. 

GEKO Finance

GEKO Finance is another Singaporean startup founded in 2019. Its offices are located in the city center, and its business is to offer loans for electric-powered vehicles. The main feature is that owners of these vehicles get rewards based on the number of miles they ride. It creates a monetary incentive. The company went through a Pre-Seed Funding Round in 2020. GEKO Finance has also made a few acquisitions, including a fellow EV startup, in December 2021. In this case, the company raised USD 600,000. The enterprise is small, with only 1-10 employees. The founders are Eng Keong Ong, Gavin Chong, Kantinan Tunveenukoon, and Zhang Quan Ong. 

Solv Protocol

Solv Protocol was founded in 2020 and is based in Singapore. The startup provides a fintech platform where customers can create, manage, and trade their NFT products. This market is growing rapidly around the world. The company had two rounds of funding in 2021, attracting 16 investors. In this case, they were able to raise USD 5 million. The entrepreneurs are Mike Meng, Ryan Chow, and Will Wang, and they manage between 11 and 50 employees. 

CyberHash

CyberHash was founded in 2021 by Alex Zhu. The enterprise focuses on secure and convenient distributed storage solutions and tries to bring technology into the mainstream. During its funding round in 2021, it raised USD 20 million, meaning it was a success. It only has two investors. The company has between 51 and 100 employees. 

Singapore eVisa

Now you know that Singapore is ideal for anybody looking to invest in a new business. Before deciding to move there, why don’t you travel first and see the market with your own eyes? In that case, you must get a [Singapore eVisa] for hassle-free entry. This mandatory travel document is available on the iVisa platform. You can take a few minutes to complete an online form and let the experts process your application. Don’t worry about anything because customer service agents will help you. 

Also read: How to Pick the Right Private Tutor in Singapore

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