Statrys, a Hong Kong-based fintech company and a leading provider of business accounts, accounting services, and company creation, has launched its business account solution in Singapore.
The platform aims to offer a comprehensive suite of services that facilitates company setup, maintenance, bookkeeping, and payment management. These services are tailored to support SMEs, entrepreneurs, and startups in Singapore.
The launch in Singapore represents a significant step forward for Statrys, as it strengthens its presence in the Asia Pacific region and demonstrates a commitment to providing innovative financial solutions that effectively combine technology with personalised service.
Addressing SME Challenges in Singapore
Singapore, renowned for its vibrant financial hub, boasts a thriving community of SMEs that play a crucial role in the nation’s economy, contributing to about 45% of Singapore’s nominal GDP in 2024 (Department of Statistics Singapore). Many of these businesses are actively involved in international trade, navigating the complexities of global markets. Yet, they frequently face significant challenges, including cumbersome onboarding procedures and substantial transaction costs that can hinder their businesses’ growth and competitiveness. In response to these pressing issues, Statrys has made a strategic move to expand its operations in Singapore. By doing so, the company aims to streamline and enhance payment processes for SMEs, empowering them to engage more efficiently in international business and capitalise on new opportunities in the global marketplace.
“In today’s global economy, entrepreneurs and businesses need more than just traditional business accounts; they need a partner that redefines how payments work across international borders. At Statrys, we’ve built a platform that challenges outdated and conventional systems by combining speed, transparency, and personalised service in every transaction.
Our expansion in Singapore isn’t just about growth; it’s about setting a new standard for how fintechs can help entrepreneurs manage their business operations and finances more easily and efficiently, without ever compromising on compliance. Trust, transparency and integrity are the foundation of everything we do at Statrys.” Said Bertrand Théaud, CEO and founder of Statrys.
Streamlining SME Operations
Statrys’ Business Account is designed to enable, optimise and streamline business and financial operations for SMEs. The account offers a centralised multi-currency account that facilitates global transactions and improves cash flow management. Companies incorporated in Singapore can open an account that supports 11 major currencies within one account under their company name. Additionally, the service allows international and local transfers with competitive FX fees, while dedicated account managers are available to extend personalised support to every client.
“Statrys’ Business Account was created to help entrepreneurs focus on their business…so they don’t need to waste time on financial admin. We’ve built a platform that gives SMEs complete control over multi-currency payments, FX, and cash flow, all in one place. Our mission has been clear from the start: to remove the complexities from global operations and empower businesses to grow faster, with confidence and precision.” Said Bertrand Théaud, CEO and founder of Statrys.
About Statrys
Statrys is a Fintech company based in Hong Kong. Since its establishment in 2019, Statrys has become a leading provider of Company Creation, Accounting services, and Business Account solutions. The company offers a comprehensive range of services designed to support small and medium-sized enterprises (SMEs), entrepreneurs, and startups.
The Statrys platform enables clients to easily set up and manage companies, handle bookkeeping, and process payments. Statrys offers multi-currency business accounts, competitive foreign exchange services, and payment cards, designed to simplify global financial operations for businesses. With direct operations in Singapore, Hong Kong, and the European Union, Statrys offers tailored solutions for each market.
