Statrys, a Hong Kong-based fintech company and leading provider of business accounts, accounting services and business formation, has launched its business account solution in Singapore.
The aim of the platform is to offer a comprehensive package of services that facilitate the creation, maintenance, accounting and payment management of companies. These services are tailored to support SMEs, entrepreneurs and startups in Singapore.
The launch in Singapore represents a significant advancement for Statrys as it strengthens its presence in Asia Pacific and demonstrates its commitment to providing innovative financial solutions that effectively combine technology with personalized service.
Addressing the challenges of SMEs in Singapore
Known for its vibrant financial hub, Singapore has a thriving community of SMEs that play a crucial role in the country’s economy, accounting for approximately 45% of Singapore’s nominal GDP in 2024 (Department of Statistics Singapore). Many of these companies are actively involved in international trade and manage the complexities of global markets. However, they often face significant challenges, including cumbersome onboarding procedures and significant transaction costs, which can impact their company’s growth and competitiveness. In response to these pressing issues, Statrys has taken a strategic step to expand its operations in Singapore. The company’s goal is to streamline and improve payment processes for SMEs, enabling them to engage in international business more efficiently and take advantage of new opportunities in the global market.
“In today’s global economy, entrepreneurs and businesses need more than just traditional business accounts; they need a partner that is redefining how payments work across international borders. At Statrys, we have built a platform that challenges legacy and conventional systems by combining speed, transparency and personalized service in every transaction.”
Our expansion in Singapore is not 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.
Optimization of SME processes
Statrys business account is designed to enable, optimize and streamline business and financial processes for SMEs. The account offers a centralized multi-currency account that facilitates global transactions and improves cash flow management. Singapore-based companies can open an account under their company name that supports 11 major currencies. Additionally, the service allows international and local transfers at competitive foreign exchange fees, while dedicated account managers are available to provide personalized attention to each customer.
“Statrys Business Account is designed to help entrepreneurs focus on their business… so they don’t have to waste time managing finances. We’ve built a platform that gives SMEs complete control over multi-currency payments, foreign exchange and cash flow in one place. Our mission has been clear from the start: remove the complexities of global operations and enable businesses to grow faster, more securely and with more precision.” Said Bertrand Théaud, CEO and founder of Statrys.
About Statrys
Statrys is a fintech company based in Hong Kong. Since its founding in 2019, Statrys has grown into a leading provider of company formation, accounting services and business account solutions. The company offers a comprehensive range of services to support small and medium-sized enterprises (SMEs), entrepreneurs and startups.
The Statrys platform allows customers to easily set up and manage businesses, do accounting and process payments. Statrys offers multi-currency business accounts, competitive foreign exchange services and payment cards designed to simplify global financial transactions for businesses. With direct offices in Singapore, Hong Kong and the European Union, Statrys offers tailored solutions for each market.
