Fintech Finance

OCTOBER 15, 2024

Aspire , a Singapore-headquartered all-in-one finance platform for modern businesses, today announced that it has received in-principle approval (IPA) for the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

Payments Institute 98

Payments Institute Authorization Payments Finance 98

Fintech News

OCTOBER 29, 2024

Crypto exchange Gemini has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This approval allows Gemini to provide cross-border money transfer and digital payment token services in Singapore.

APACS 119

APACS Cross-Border Regulatory Compliance Payments 119

Fintech Finance

AUGUST 5, 2024

Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that it has entered into a definitive agreement to acquire Pay2All Instituição de Pagamento Ltda. (“Pay2All”), a licensed Payment Institution authorized by the Central Bank of Brazil.

Payments Institute 97

Payments Institute Acquirers Central Bank Payments 97

The Payments Association

MARCH 19, 2024

TerraPay, a company specialising in global cross-border payments, has recently been granted a Major Payment Institution (MPI) License by the Monetary Authority of Singapore (MAS). This development is part of […] Read more

Payments Institute 88

Payments Institute Authorization Cross-Border Payments Cross-Border 88

Finextra

APRIL 23, 2024

Singapore-based fintech startup Qashier announced today that the company has been awarded in-principle approval by the Monetary Authority of Singapore (MAS) for a major payment institution (MPI) licence to offer merchant acquisition services, and domestic and cross-border money transfer services.

Payments Institute 99

Payments Institute Cross-Border Authorization Payments 99

Fintech News

NOVEMBER 4, 2024

Razer Gold has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution license. This development marks a major step for the gaming-focused virtual credit platform as it prepares to expand its payment services in Singapore.

Cross-Border 111

Cross-Border Payments Payments Institute On-Demand 111

Fintech News

NOVEMBER 7, 2024

Facilitated by Deutsche Bank, the initiative allows Thai buyers to make local payments through PromptPay, which are seamlessly converted for exporters. XTransfer also received in-principle approval from the Monetary Authority of Singapore in July for a Major Payment Institution License.

Cross-Border Payments 111

Cross-Border Payments Cross-Border Payment Solutions Payments 111

Fintech News

NOVEMBER 18, 2024

These changes come after OKX secured a Major Payment Institution license from the Monetary Authority of Singapore in September. The license enables OKX to provide digital payment token and cross-border money transfer services within the country.

Cross-Border 114

Cross-Border Verification Payments Institute Participant 114

Fintech Finance

SEPTEMBER 9, 2024

Ltd. (“JST Singapore”) has received an in-principle approval for a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS) to provide digital payment token service.

Payments Institute 97

Payments Institute Payments Authorization On-Demand 97

Fintech News

JANUARY 12, 2025

Reap, a Hong Kong-based payment technology provider, has received in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Reap intends to allocate necessary resources to support its Singapore operations and strengthen compliance standards.

Cross-Border 107

Cross-Border Payments Compliance Payments Institute 107

The Fintech Times

MARCH 28, 2025

Looking to bridge the world of fiat and digital currencies, Fipto , a blockchain-based payment infrastructure, is looking to make it easier for firms to integrate stablecoins and optimise existing global payment flows using blockchain. The firm is also a licensed Virtual Asset Service Provider (VASP) in Luxembourg.

Stablecoins 64

Stablecoins Security Digital Currency Accreditation 64

The Payments Association

OCTOBER 23, 2024

On 25 September 2024, the UK Financial Conduct Authority (FCA) published its long-awaited Consultation Paper (CP24/20) setting out proposed changes to the safeguarding rules applicable to electronic money institutions (EMIs) and payment institutions (PIs) (together, payments firms).

Rules 88

Rules Payments Institute Authorization Reconciliation 88

Fintech News

MARCH 4, 2025

Fly Wing Technologies, a subsidiary of digital asset platform Matrixport , has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The approval allows Fly Wing to continue building its role as a trusted over-the-counter (OTC) desk for digital payment token services in Singapore.

Digital Payments 85

Digital Payments Payments Payments Institute Facilitators 85

Fintech News

NOVEMBER 3, 2024

Anchorage Digital Singapore, a crypto platform, has obtained a Major Payment Institution license from the Monetary Authority of Singapore (MAS). This licence allows the company to expand its services to include custody, staking, trading, settlement, and fiat on and off ramps for global institutions.

On-Demand 113

On-Demand Settlement Regulations Payments Institute 113

Fintech News

DECEMBER 9, 2024

M-DAQ Global, a fintech specialising in cross-border foreign exchange (FX) and payment solutions, has been awarded a Capital Markets Services (CMS) licence by the Monetary Authority of Singapore (MAS). This licence allows its subsidiary, M-DAQ Market Solutions, to deal in over-the-counter (OTC) derivatives contracts.

B2C 109

B2C Cross-Border Settlement B2B 109

Fintech News

OCTOBER 31, 2024

Its platform covers payments in 173+ countries with local payment options in 70+ markets and offers global business accounts in 60+ currencies. Triple-A is another Singaporean company included in FXC Intelligence’s Global Most Promising Cross-Border Payments Companies 2024 list.

Cross-Border Payments 131

Cross-Border Payments Cross-Border Payment APIs and Integration Multi-Currency 131

Finextra

MARCH 27, 2025

Fipto, a blockchain-based stablecoin payments infrastructure, has been officially licensed as a Payments Institution by the French Prudential Control and Resolution Authority (ACPR), part of the Bank of France.

Payments Institute 59

Payments Institute Stablecoins Security Blockchain 59

Finextra

MARCH 6, 2025

Hex Technologies Pte Ltd (Hex Trust, and together with its affiliates, the Hex Trust Group), a leading digital assets financial institution specializing in custody and trading services, announced that it has received a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS).

Payments Institute 64

Payments Institute Authorization Payments Technology 64

The Paypers

OCTOBER 2, 2023

Digital currency platform Coinbase has obtained a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS).

Authorization 73

Authorization Digital Currency Payments Institute Payments 73

Fintech News

JANUARY 20, 2025

The Monetary Authority of Singapore (MAS) keeps the market secure through rules that protect investors while encouraging growth. This ensures transparency, security, and independence from central authorities like banks or governments. Youre in the right place.

Cryptocurrency 111

Cryptocurrency Credit Cards Verification Blockchain 111

Finextra

JANUARY 27, 2025

PagBrasil, a technology company focused on digital payments, has received authorization from the Central Bank of Brazil to operate as a Payment Institution (PI) in the electronic money issuer category.

Payments Institute 52

Payments Institute Central Bank Issuers Payments 52

The Nilson Report

APRIL 5, 2024

The post Currencycloud Granted ‘In-Principle Approval’ for Major Payment Institution License by the Monetary Authority of Singapore appeared first on Nilson Report.

Payments Institute 52

Payments Institute Authorization Payments Posting 52

The Paypers

JANUARY 8, 2025

dLocal has acquired an Authorised Payment Institution licence from the Financial Conduct Authority , aiming to start onboarding merchants in the UK.

Payments Institute 53

Payments Institute Security Authorization Acquirers 53

Finextra

AUGUST 5, 2024

Pay2All”), a licensed Payment Institution authorized by the Central Bank of Brazil. Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that it has entered into a definitive agreement to acquire Pay2All Instituição de Pagamento Ltda.

Payments Institute 52

Payments Institute Acquirers Central Bank Agreements 52

Fintech News

MARCH 23, 2025

BC Payments, a Singapore-based subsidiary of Luxembourg-licensed bank Banking Circle , has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license.

Cross-Border Payments 75

Cross-Border Payments Cross-Border Multi-Currency Payments 75

Finovate

JANUARY 10, 2025

Transcard has partnered with Xodus Travel Services to enhance digital payment experiences with its SMART Suite platform. The expansion into Canada comes a month after Transcard earned authorization from the U.K. Financial Conduct Authority (FCA) to serve as a payment institution in theU.K.

Multi-Currency 52

Multi-Currency Real Time Payments Payments Authorization 52

Fintech News

MARCH 18, 2025

The Monetary Authority of Singapore (MAS) has granted FlexM , a global fintech conglomerate, a Major Payment Institution (MPI) license. This license extends FlexM’s regulated financial services, enabling the company to offer cross-border money transfer services to its customers in Singapore.

Cross-Border 71

Cross-Border Regulatory Compliance Financial Inclusion Payments 71

PYMNTS

JANUARY 19, 2017

Geoswift, a provider of cross-border payment solutions between China and the rest of the world, announced Wednesday (Jan. unit, Geoswift UK, has received authorization as a payment institution from the Financial Conduct Authority (FCA). 18) that its U.K.

Payments Institute 40

Payments Institute Authorization Cross-Border Cross-Border Payments 40

Finextra

MARCH 6, 2024

Currencycloud, a Visa solution and the experts in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) licence holder from the Monetary Authority of Singapore (MAS).

Authorization 64

Authorization Multi-Currency Payments Institute Payments 64

Finextra

OCTOBER 15, 2024

Aspire, a Singapore-headquartered all-in-one finance platform for modern businesses, today announced that it has received in-principle approval (IPA) for the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

Payments Institute 52

Payments Institute Security Authorization Payments 52

Finextra

JANUARY 10, 2025

Reap, a leading payment technology provider, is thrilled to announce today that it has received an In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its application of the Major Payment Institution (MPI) License for its Singapore entity, Reap Singapore.

Payments Institute 52

Payments Institute Authorization Payments Technology 52

The Paypers

MARCH 17, 2025

Atoa , an Open Banking-enabled payments provider, has secured regulatory approval from the UK Financial Conduct Authority (FCA) to operate as an Authorised Payment Institution (API).

Payments Institute 48

Payments Institute API Authorization Payments 48

Fintech Finance

APRIL 24, 2024

Singapore-based fintech startup Qashier announced today that the company has been awarded in-principle approval by the Monetary Authority of Singapore (MAS) for a major payment institution licence to offer merchant acquisition services, and domestic and cross-border money transfer services.

Payments Institute 52

Payments Institute Cross-Border Cross-Border Payments Payments 52

Fintech News

AUGUST 4, 2024

HashKey Technology Services (HashKey OTC), the over-the-counter trading arm of HashKey Group, has been granted a Major Payment Institution license by the Monetary Authority of Singapore (MAS). This license enables HashKey OTC to provide digital payment token (DPT) services in Singapore.

Payments Institute 110

Payments Institute SWIFT Payments Settlement 110

The Fintech Times

FEBRUARY 8, 2025

Tuma Ventures Limited, the payments company regulated by the Financial Conduct Authority (FCA), has now secured approval as a licensed Payment System Provider (PSP) from the Bank of Tanzania. It says these solutions aim to advance financial inclusion and foster economic development.

Security 59

Security Cross-Border Financial Inclusion Cross-Border Payments 59

Finextra

JANUARY 10, 2024

has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution Licence. BitGo, the leading provider of financial services for digital assets, announces that its subsidiary in Singapore, BitGo Singapore Pte.

Payments Institute 49

Payments Institute Authorization Payments 49

Fintech Finance

DECEMBER 13, 2023

Worldline (Euronext: WLN), a global leader in payment services, announces its wholly owned subsidiary, GCS APAC, has been granted Major Payment Institution license by the Monetary Authority of Singapore (MAS).

Payments Institute 52

Payments Institute APACS Push-to-Card Cross-Border 52