Bank Index

SPARROW TECH PRIVATE LIMITED

E-money or payment institution · Singapore, Singapore · overall 4.8 / 10

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How this 4.8 is built

Average of 10 scored needs: 4.8. Regulation in Singapore: 98/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.

Sparrow Tech Private Limited is recorded in the global register as an e-money or payment institution in Singapore, Singapore. The register names Monetary Authority of Singapore as its regulator and shows the licence as licensed. Established 2018. Collected from open registers. We have not checked this company by hand yet.

Legal name
Sparrow Tech Private Limited
Regulated by
Monetary Authority of Singapore
Licence confirmed
yes, on a regulator's own list
Established
2018
LEI
254900BHP6N4NS6VSZ34
Website
sparrowexchange.com

Scores, 0 to 10

6.0Asia-Pacific (SG, HK, AU, JP, KR)
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet.
6.0Fast digital onboarding
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing.
6.0Online businesses: e-commerce and SaaS
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing.
5.5Lowest fees
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing.
5.5Fintech companies that need a partner bank
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing.
5.5Startups & VC-backed companies
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing.
5.0Cross-border payments, FX and multi-currency accounts
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing.
5.0Business cards (Visa, Mastercard)
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing.
4.0Financial strength & stability
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing.
3.5Trade, manufacturing & import-export
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing.
2.0Best interest on business balances
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing.

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.