SINGAPORE: An annual compilation of Singapore’s fastest-growing companies has revealed the dominant sectors driving the nation’s economic growth.
The 2025 list, published byin collaboration with global research firm Statista, highlights the resilience and innovation across key industries, with information technology and software, financial services, and real estate leading the pack. These sectors alone account for approximately 40% of the 100 companies recognized for their remarkable revenue growth between 2020 and 2023.
Another notable contender in the financial services sector is Endowus, a digital wealth management platform that saw its revenue surge by over 13 times during the same period. Founded in 2017, Endowus capitalized on the pandemic-driven shift to digital investing as more Singaporeans sought to take control of their financial futures. With over 100,000 clients and $500 million in net gains for users, Endowus is now a leading player in the local wealth management space.
Casa Mia Coliving, which targets young professionals, experienced a staggering 27-fold revenue increase between 2020 and 2023, reaching $5.5 million. TAP, founded in 2019, grew its revenue by more than 15 times to exceed $15 million. The rise of co-living reflects a shift towards flexible and affordable living solutions, with many young people embracing the opportunity to live in a community-oriented space with private rooms and shared amenities.
Wiz.AI, which leverages generative AI and large language models to automate customer interactions, saw its revenue soar nearly 27 times, reaching $12.8 million. The company’s growth highlights the surge in demand for AI-driven solutions that streamline customer service and enhance operational efficiency across industries such as banking, insurance, hospitality, and e-commerce.
As companies continue to innovate and adapt, these sectors are poised to remain key drivers of growth in the years ahead.
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