Lending software for Singapore

Asia’s fintech hub, where Singpass Myinfo fills applications in seconds and PayNow pays out instantly. lendhero arrives with Credit Bureau Singapore, Singpass Myinfo and PayNow already connected, so your team configures products instead of plumbing.

See the local stack
  • SGD (S$)
  • English, Chinese, Malay
  • 13 local connectors
  • 1–2 weeks to launch

Hi, Wei Ling

ApprovedS$10,000

774

Credit score

On-time payments

Monthly paymentS$492

Market profile

Singapore at a glance

What lendhero is set up for in Singapore before your team logs in.

Currency

SGD (S$)

Languages

English, Chinese, Malay

Supervisor

MAS and the Registry of Moneylenders

Credit data

Credit Bureau Singapore, Moneylenders Credit Bureau

Payout rails

PayNow, FAST, GIRO

Data protection

the PDPA

13
local connectors wired in before kickoff
SGD
for pricing, payouts and repayments
1–2
weeks from kickoff to the first loan
3
interface languages: English, Chinese, Malay

Working with borrowers in Singapore

Tools for every borrower conversation

Borrowers in Singapore apply, sign, pay and come back for repeat loans in English and SGD.

Applications in minutes

Borrowers apply on the web or in the app, and staff file applications from the back office. A half-filled form waits for them to come back.

New application

Draft saved
Step 2 of 4 · Personal detailsStep 2/4

Reminders that get read

Approvals, due dates and overdue notices go out by WhatsApp Business and Infobip automatically.

Your application is approvedWhatsApp Business
Your payment is due tomorrowInfobip
New receipt in your portalSMS

Rewards for repeat borrowers

Points for on-time payments, promo codes for campaigns and manual adjustments by staff.

WELCOMEfirst loan
Bonus balance1,240 pts

A portal for repeat loans

Repeat borrowers reapply without retyping data, extend or repay from their phone.

Extend loan
Repay early
Refinance

Contracts without paperwork

Loan agreements, extension requests and receipts are generated and e-signed in English.

Loan agreementSigned
Extension requestReady
Payment receiptDraft

Decisioning

Decisions in seconds, explained in plain words

Third-party and built-in checks run in one flow, for individuals and businesses. Every approval and decline shows the rules and scores behind it.

  • Every check in one passAnti-fraud, identification, credit bureaus, sanctions and digital footprint.
  • Rules you can readYour team can answer any borrower about why.

Application #48213

Wei Ling · Consumer loan, 6 months · S$10,000

Approved
Credit score712
  • IdentityVerified
  • Anti-fraudPassed
  • Credit bureau712
  • Debt-to-income31%
  • Sanctions & watchlistsClear
Decision time28 s

Local stack

The Singapore stack, connected before kickoff.

lendhero ships with the connectors lenders in Singapore use every day, from Credit Bureau Singapore to GIRO. New ones are added through the open API.

  • Credit bureaus & registries2 connectors
    • CCredit Bureau Singapore
    • MMoneylenders Credit Bureau
  • Identity & KYC1 connector
    • SSingpass Myinfo
  • Bank & alternative data2 connectors
    • SSGFinDex
    • BBank statements
  • Disbursement rails3 connectors
    • PPayNow
    • FFAST
    • GGIRO
  • Repayments & collections2 connectors
    • GGIRO
    • PPayNow
  • Messaging3 connectors
    • WWhatsApp Business
    • IInfobip
  • E-signature2 connectors
    • SSingpass Sign
    • DDocuSign

Checks and payments

Who borrows and how money moves in Singapore

Applicants are checked with Credit Bureau Singapore and Moneylenders Credit Bureau, and money moves via PayNow and FAST.

Client checks

Checks connected in Singapore:

  • Anti-fraud servicesDevice, behaviour and blacklist checksPass
  • Identity verificationSingpass MyinfoPass
  • Credit bureausCredit Bureau Singapore, Moneylenders Credit BureauPass
  • Government registriesNational ID and tax registriesPass
  • Bank and alternative dataSGFinDex, Bank statementsReview
  • Additional data sourcesTelco, open banking and your own listsAuto

Payment infrastructure

Payment rails connected in Singapore:

DisbursementPayNow, FAST, GIRO in SGD
RepaymentGIRO, PayNow
Status checksEvery payment tracked until it settles
Reversals and refundsCancel or refund with a full audit trail
  • PayNow
  • FAST
  • GIRO

Loan servicing

Every loan and every repayment on one screen

Edit terms, recalculate interest, apply penalties and follow the full schedule without exporting anything.

  • Automatic calculations for every loanInterest, fees and penalties in SGD are calculated by a dedicated engine with 200+ configurable parameters. Staff can still adjust any amount by hand, and every change is logged.
  • Loan products in minutesSet up consumer, instalment and business products with their rules and scenarios in the admin panel, without a release.
  • Notifications tied to every calculationEach due date, penalty and recalculation sends the right message to the borrower and your team.

Loan #48213

S$10,000

On track
Auto-calculated · 200+ parametersManual edit
Repaid S$3,570 of S$10,7002 of 6 payments
DateAmountStatus
Sep 4S$1,780Paid
Oct 4S$1,780Paid
Nov 4S$1,780Due in 7 days
Dec 4S$1,780Upcoming
Jan 4S$1,780Upcoming
Reminder sentYour payment of S$1,780 is due Nov 4

Loan flow

How a loan runs in Singapore. Five steps, all local.

  1. 01ApplyBorrowers apply on the web, in the app or via WhatsApp, with forms in English, Chinese and Malay.
  2. 02VerifyIdentity and documents are checked through Singpass Myinfo.
  3. 03DecideScorecards pull Credit Bureau Singapore and Moneylenders Credit Bureau data and return a decision in seconds.
  4. 04DisburseFunds go out via PayNow or FAST in SGD, straight after signing.
  5. 05CollectRepayments arrive via GIRO and PayNow, with reminders over WhatsApp Business.

Portals

One platform, three portals

Everyone works in the same system and sees only what their role allows.

My loan

S$10,000

Next payment

S$1,780 · Nov 4

Pay now

Extend loan

Customer portal

Borrowers apply, repay, extend and track loans online.

Applications

Wei LingVerifierApproved
Daniel O.AnalystReview
Maria L.RiskApproved
Tomas K.AnalystDeclined
Lena P.VerifierReview

Staff portal

Managers, analysts, risk, verifiers and collectors work side by side.

Role · Verifier

12 users
View applications
Verify documents
Approve loans
Edit loan terms
Export reports

Super-admin portal

Products, roles, permissions and rules change without a release.

Products

What lenders in Singapore launch on .

Consumer instalment loansPersonal loans with CBS checks.
Business lendingSME loans on SGFinDex data.
BNPL & POSInstalments for retailers.

Compliance

Configured for MAS and the PDPA.

lendhero is software: the licence stays yours. We set the platform up for the rules you operate under in Singapore.

Hosting & data residency

Cloud or on-premise deployment, with data stored where the PDPA requires.

Consent & privacy

Borrower consents are captured, versioned and logged under the PDPA.

Pricing & disclosures

Rates, fees and cost-of-credit disclosures set per product for MAS rules.

Audit trail

Every decision, edit and message is logged for internal and external audits.

More markets in Southeast Asia

All Asia markets

Questions

Frequently asked

Didn’t find the answer? Write to us and we’ll reply within one business day.

Can lendhero run a lending business in Singapore?+

Yes. The platform is set up for SGD, English, Chinese and Malay and MAS requirements, with 13 local connectors ready on day one.

Which credit data sources are connected in Singapore?+

Credit Bureau Singapore, Moneylenders Credit Bureau. On top of that, identity checks run through Singpass Myinfo and bank data comes from SGFinDex and Bank statements.

How do borrowers get paid and repay?+

Payouts go out via PayNow, FAST and GIRO in SGD. Repayments arrive via GIRO and PayNow, with reminders over WhatsApp Business and Infobip.

How long does a launch in Singapore take?+

Usually 1–2 weeks from kickoff to the first loan, including connecting 13 local services, product setup, staff training and a test run.

Can we run several countries on one platform?+

Yes. One installation serves several countries, each with its own currency, products, languages and local connectors.

Book a demo

Lending in Singapore? Let’s plan the launch.

We’ll walk you through the platform, show what matters for your products and answer questions about your business.

  • A 30-minute call
  • A walkthrough on your products and markets
  • Answers on timeline, integrations and pricing

Tell us about your lending

We reply within one business day.

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