Powering Singapore's payment future
Paynex was founded in 2020 by engineers and bankers who believed Singapore deserved a world-class, locally-built payment infrastructure — one that puts developers first without compromising on MAS compliance.
Making payments as easy as sending a message
We started Paynex because integrating payments in Singapore was needlessly complex. Businesses were stitching together multiple providers, dealing with legacy banking APIs, and spending months on compliance — before accepting a single dollar.
We changed that. Today, a Singapore developer can integrate Paynex in an afternoon and accept PayNow, NETS, credit cards, and e-wallets — all through one clean REST API, with full MAS compliance baked in.
What we stand for
Singapore First
We are a Singaporean company, built for Singapore businesses. Our infrastructure, support, and data all reside in Singapore.
Trust by Design
Compliance is not an afterthought — it is our foundation. Every product decision starts with regulatory and security considerations.
Developer Experience
We believe the best financial infrastructure is invisible. Our API should feel effortless to integrate and maintain.
Built to Grow With You
From a one-person startup to a listed company — Paynex scales with your business without requiring re-integration.
Built by fintech veterans
Our leadership team brings together decades of experience from DBS, MAS, Grab, and Stripe.
Mei Lin Tan
CEO & Co-founder
Former VP of Payments at DBS Bank. 15 years in Singapore fintech regulation and product.
Raj Subramaniam
CTO & Co-founder
Ex-Grab engineer. Built payments infrastructure processing over S$10B annually across SEA.
Wei Jie Lim
Head of Compliance
Former MAS examiner. Led PS Act compliance for 12 Singapore PSPs. ACAMS certified.
Priya Nair
Head of Product
Ex-Stripe product lead, APAC. Scaled merchant onboarding from 100 to 50,000 merchants.
Milestones
Founded in Singapore by ex-DBS and Grab engineers.
Obtained MAS Major Payment Institution licence (PS20200001).
Launched PayNow and NETS integration. Reached 500 merchants.
Expanded to Malaysia and Thailand. Raised Series A funding.
Surpassed S$2B annual processing volume. 3,000+ active merchants.
Launched ASEAN multi-currency settlement and Enterprise tier.
Ready to join 3,000+ Singapore merchants?
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