1Money
Finance
Revolut
Finance
1Money 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 | 1Money | Revolut |
|---|---|---|
| SGD pricing (incl. 9% GST) | S$22.07/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
1Money
For Singaporean businesses, 1Money's usefulness hinges on its support for local GST, CPF, and other regulatory requirements, which are currently unconfirmed. PSG eligibility would make it an attractive option.
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
1Money
Pros
+Financial reporting (assumed)
+Automated bookkeeping (assumed)
+Potential PSG support (if eligible)
+Intuitive interface (assumed)
Cons
–Specific local compliance features unconfirmed
–Integration capabilities unknown
–Specific features unconfirmed
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 1Money if...
›SMEs (if PSG eligible)
›Startups
›Small businesses
›Individuals
Choose Revolut if...
›Businesses with cross-border operations
›Companies managing multiple currencies
›SMEs needing corporate cards
›E-commerce businesses
Singapore FAQ
Is 1Money available in Singapore?
The provided search results do not specify if 1Money is available in Singapore, so its availability is unconfirmed.
Does 1Money support SGD pricing?
The search results do not contain information about 1Money's pricing in SGD. Specific SGD support is unconfirmed.
Is 1Money PSG-eligible?
Based on the search results, 1Money is not listed as a pre-approved solution for the Productivity Solutions Grant (PSG). Therefore, its PSG eligibility is unconfirmed.
Is 1Money PDPA compliant?
The search results do not provide any information regarding 1Money's compliance with Singapore's Personal Data Protection Act (PDPA). This remains unconfirmed.
Want to explore each tool further?
Read our full Singapore reviews before deciding.