Construction and Fintech Dominate Singapore’s Fastest-Growing Companies

Construction and engineering, fintech, and information technology (IT) and software companies are dominating the list of Singapore’s fastest-growing firms, highlighting a clear shift in the city-state’s economic momentum. According to a jointly compiled ranking by The Straits Times and global data research firm Statista, these three sectors together account for 39 per cent of the companies featured in the latest edition of Singapore’s Fastest Growing Companies, published on 20 January.

The list identifies 100 companies that recorded the strongest revenue growth between 2021 and 2024. To qualify, firms were required to be headquartered in Singapore, generate at least US$150,000 in revenue in 2021 and a minimum of US$1.5 million in 2024. Crucially, revenue had to be derived organically from a company’s own operations and assets, excluding growth fuelled by mergers, acquisitions or strategic partnerships. These strict criteria ensure that the ranking reflects genuine, internally driven expansion.

Construction and engineering lead the way

Topping the 2026 ranking is Clean Kinetics, a solar engineering, construction and procurement firm founded just four years ago. Its revenue surged from US$365,000 in 2021 to US$15.3 million in 2024—an extraordinary 42-fold increase. This marks the company’s first appearance on the list and underlines the rapid growth of sustainable infrastructure solutions in Singapore.

Clean Kinetics has completed close to 180 projects across the country, with clients including Tan Chong Motors and the Land Transport Authority. To date, it has installed more than 114,000 solar panels, generating around 78 gigawatt-hours of green electricity annually—enough to meet the yearly power needs of approximately 18,000 four-room flats. The company’s chief development officer, Lee Kah Loop, attributed the growth to a highly skilled workforce, swift decision-making, and strong technical leadership.

Another notable construction-sector entrant is Connexus Studio, an office interior design firm that has worked with global names such as BBC Studios, Hitachi Asia and Sony. Its revenue rose from US$13.8 million in 2021 to US$45 million in 2024. Company executives point to a post-pandemic revival of stalled projects and a structural shift in client priorities towards adaptability, performance assurance and long-term asset value.

In total, nine construction and engineering companies appear in the 2026 ranking, reflecting sustained demand for infrastructure development and high-quality fit-out services.

Steady expansion in fintech

Fintech continues to demonstrate consistent growth, with 13 companies featured this year, up from 12 previously. Investment platform Syfe makes its debut after expanding its revenue from US$1.7 million in 2021 to US$12.4 million in 2024. Operating across Singapore, Hong Kong, Australia and India, the firm has benefited from growing awareness among consumers of the opportunity cost of idle cash.

Growth financing platform Choco Up also entered the list, increasing revenue from US$4.6 million to US$6.9 million over the same period. Its leadership notes that rapid expansion in e-commerce and cross-border trade has sharply increased financing needs among small and medium-sized enterprises.

Sector representation snapshot

Overall, the ranking underscores Singapore’s growing emphasis on sustainable construction, digital finance and technology-driven innovation, reinforcing its position as a regional hub for forward-looking, high-growth enterprises.