Revolut vs Wise: Which Is Better for SMEs in Singapore in 2026?

Revolut or Wise? These two names keep coming up as alternatives to traditional options. But what works well for one may not work for you.

This comparison breaks down how each platform differs across fees, features, cards, and support, so you can decide which one actually makes sense for your business.

So let’s get started.

If your business is growing into more complex payments and spending workflows, Revolut tends to be a better fit. If you simply need a tool to manage cross-border payments, Wise might fit your needs better.

Wise focuses on moving money across borders, with multiple local account details, which work well for businesses that primarily need to send and receive low-cost international payments. Revolut offers similar core transfer features but adds more flexibility by including a payment gateway, allowing customers to pay directly on your website or app, not just through invoices or links.

This matters if you sell online and handle higher payment volumes, as a checkout-style payment flow reduces manual steps and makes it easier to collect payments as your business grows. Therefore, the choice comes down to whether you want a simple way to manage international cash flow or a more versatile setup that supports your growth.

Wise uses pay-as-you-go pricing, with the total cost shown before you confirm each transfer. This suits businesses with variable transfer volumes, as there is no monthly fee or allowance to manage. Revolut is better suited for businesses with higher and more consistent payment volumes, where a paid plan can help lower per-transaction costs.

If cards are a big part of how you pay for tools, ads, or suppliers, Revolut is a better fit for teams with higher spending needs. Wise is a better option if cards are mainly for smaller, occasional expenses, especially for founders or lean teams.

Wise offers more flexibility around applicant nationality and company setup. This can make Wise a better fit for companies with international shareholders or directors. Wise also sets clearer expectations on approval timelines, which provide founders with a clearer sense of when they can access their accounts and can plan operations accordingly.

The availability of a Singapore phone line gives Wise’s customer support a slight edge for local businesses that need quicker resolution. If you value being able to speak to someone directly when needed, Wise is likely the better choice.

Revolut, by comparison, may be better suited for companies that have predictable payment flows or are comfortable handling support matters solely through digital channels.

Both platforms are well-rated overall, suggesting they are reliable for international payments. Reviews point to different strengths rather than a clear winner.

Revolut is often praised for its app experience and range of features, which may suit businesses that rely heavily on day-to-day app usage. Wise’s reviews more frequently highlight fair exchange rates and consistency, which may appeal to businesses that prioritise predictable pricing over additional features.