Fintech Finance

JANUARY 8, 2025

1 B2B Cross-Border Trade Payment Platform , was granted the Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS). This significant milestone strengthens XTransfer’s leading position in the B2B cross-border payments industry.

Authorization

The Fintech Times

FEBRUARY 2, 2025

It has been a busy few days for the Central Bank of Brazil as it announces another company has acquired a payment institution (PI) licence. A company following suit but taking PIX in a different direction is AstroPay , the digital financial solution provider. per cent and an IOF (financial transaction tax) of just 0.38

Payments Institute

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

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. Banking Circle is regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg.

Cross-Border Payments

The Fintech Times

JANUARY 10, 2025

dLocal , a payment platform connecting merchants to emerging markets born out of Uruguay, has secured the UK Authorised Payment Institution (API) licence from the Financial Conduct Authority (FCA). With the licence, dLocal can now offer a comprehensive suite of regulated payment solutions to UK-based merchants.

Payments Institute

Fintech Finance

JANUARY 31, 2025

AstroPay , a global leader in digital financial solutions, is redefining financial connectivity in Brazil with its strategic expansion and acquiring a coveted Payment Institution (PI) license issued by the Central Bank of Brazil. The companys streamlined approach to cross-border payments delivers substantial savings for users.

Payments Institute

The Payments Association

JANUARY 13, 2025

Statutory trusts, while beneficial for legal clarity, may prolong insolvency proceedings and introduce additional legal complexities, especially for cross-border operations. This inflexibility could hinder their ability to offer competitive, innovative solutions, such as multi-currency wallets or cross-border payment services.

Compliance

Fintech News

JULY 15, 2025

Razer Gold has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore, effective 1 July 2025. The approval allows it to offer regulated services including account issuance, domestic and cross-border money transfers, merchant acquisition, and e-money issuance.

Cross-Border

Finovate

JUNE 6, 2025

SBPS will benefit from access to Nomupay’s single API and gateway-agnostic, single, back office platform, offering a range of payment options and scalability. “Nomupay offers a wide range of services in the payment field in Asia, and can meet flexible and diverse needs.

Cross-Border Payments

The Fintech Times

DECEMBER 3, 2024

Many businesses and consumers need stability to conduct their transactions, meaning that turning to stablecoins and fiat currencies is the more reliable solution. This ties in with one of the commitments of dtcpay has made which is to offer secure, predictable and regulatory-compliant payment solutions.

Stablecoins

Fintech Finance

MARCH 20, 2025

This strategic partnership introduces international payments capabilities to Spendesk’s platform, allowing customers based in the European Economic Area and the United Kingdom to make cross-border transactions quickly, securely and at low-cost in 30 currencies, supporting invoice payments and expense reimbursements.

International Payments

The Fintech Times

MARCH 18, 2025

The rapid adoption of Pix as the leading payment method in Brazil, along with continued e-commerce growth, is driving the demand for innovative digital payment solutions. Moreover, Pix offers lower fees compared to traditional payment methods, with no risk of chargebacks, helping merchants reduce operating costs.

Online and Mobile Banking

Fintech Finance

JULY 27, 2025

dtcpay , a global leader in stablecoin payment solutions, is delighted to announce that it has received the Green Light Letter for its Electronic Money Institution (EMI) license application from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. ” Alice Liu , Group CEO of dtcpay.

Stablecoins

Finovate

JANUARY 17, 2025

Founded in 2019 and headquartered in Mexico City, Belvo is a leading open finance and data payments platform. With partners including BBVA, Citibanamex, and Finovate alum Nubank , Belvo first launched its direct debit recurring payments solution in Colombia and Mexico in the fall of 2023.

Cross-Border Payments

The Paypers

JUNE 9, 2025

Now, by acquiring PayGreen, a French company specialising in ecommerce payments, Lemonway seeks to provide its knowledge to ecommerce sites, complementing its marketplace-focused offering and third-party account payment solutions. What will the deal include?

Acquirers

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

Finovate

JANUARY 10, 2025

” Founded in 2021, NomuPay offers state-of-the-art, unified payment solutions to help businesses scale in high-growth regions in Europe, Asia, and the Middle East. Onchain finance solutions provider Tokeny has teamed up with El Salvador-based Digital Asset Service Provider Ditobanx. ’s FCA.

Innovation

Finextra

JULY 10, 2025

At FinOn , where we work closely with fintechs and payment institutions to modernize their authentication infrastructure, it’s clear that the conversation is shifting. 896 Report 1 Like Share Channels /payments Fintech Fintech discussions and conversations around the development of fintech. Teams want control.

Security

The Fintech Times

MAY 31, 2025

.” Founded in Singapore in 2021, Finmo’s all-in-one platform offers real-time payment capabilities, cash flow visibility, foreign exchange (FX) risk management, compliance automation, and liquidity optimisation. Finmo holds a Major Payment Institution (MPI) licence from the Singaporean authorities.

APACS

Fintech News

FEBRUARY 19, 2024

In a recent interview, Rohit Narang, Vice President for the Asia-Pacific region at Visa Cross-Border Solutions, powered by Currencycloud, shared insights into the acquisition of Currencycloud by Visa, shedding light on the evolution of their collaboration and the impact it has had on global money movement.

Cross-Border

Fintech News

JUNE 11, 2024

Licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-border payments, payment accounts, and e-money services. OPAL, a neobank startup, has been steadily growing in the financial hub of Singapore since its inception in 2019.

Cross-Border Payments

Fintech News

NOVEMBER 20, 2024

Cross-border payment firm XTransfer is leveraging its success in China to fuel an ambitious global expansion plan. Bill Deng “In Singapore, we have received in-principle approval for a major payment institution (MPI) license, and we will have the full license soon.

Cross-Border Payments

Fintech Finance

DECEMBER 5, 2024

Nuvei Corporation (“Nuvei” or the “Company”), the Canadian fintech company, has announces the launch of an innovative blockchain-based payment solution for merchants across Latin America (LATAM). The post Nuvei Launches Comprehensive Blockchain Payment Solution appeared first on FF News | Fintech Finance.

Payment Solutions

Fintech Finance

JANUARY 15, 2025

Airwallex announced several milestones in its global expansion strategy: securing a payment institution license from the Banco Central do Brasil, and finalizing the acquisition of MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder.

Cross-Border

Fintech News

JUNE 4, 2024

HitPay, a Singapore-based commerce platform for SMEs, has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The license will enable HitPay to provide merchant acquisition and domestic and cross-border money transfer services, opening cross-border opportunities for SMEs.

SDN

Fintech News

JULY 15, 2024

XTransfer, a Chinese B2B cross-border trade payment platform, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. Bill Deng “This approval marks a pivotal moment for us to strengthen our presence in Singapore and the region.

Cross-Border

Fintech News

NOVEMBER 6, 2024

Singapore-headquartered payment institution FOMO Pay has partnered with global financial services provider BNY to enhance USD payment services for corporate clients. This announcement recognises FOMO Pay’s dedication to fostering financial inclusion and growth across the APAC region and beyond.”

Multi-Currency

Fintech Finance

JULY 23, 2024

XTransfer , China’s top B2B cross-border trade payment platform, and EBANX , the leading payment platform connecting global companies with customers in Latin America, Africa, and Asia, announced a strategic partnership aimed at streamlining B2B trade payments in Latin America.

B2B

Fintech Finance

AUGUST 12, 2024

Nium , the global leader in real-time cross-border payments, is strengthening its presence in Latin America by applying for essential licenses, joining key fintech associations, expanding its employee presence, and signing new customers. Nium has been present in the region dating back to 2017.

Real Time Payments

Fintech News

DECEMBER 13, 2023

Singaporean payment institution FOMO Pay and United Arab Emirates’ digital bank Zand have partnered to improve cross-border payment efficiency between Asia and the Middle East and North Africa (MENA) region. ” said Michael Chan, CEO of Zand.

Cross-Border Payments

Fintech News

APRIL 10, 2024

Canadian payments firm Nuvei Corporation has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. It also provides another validation of our steadfast commitment to optimising the payment experience for businesses and consumers throughout this critically important region.”

Security

Fintech News

APRIL 7, 2024

Payments infrastructure company TerraPay has been awarded a Major Payment Institution (MPI) License by the Monetary Authority of Singapore (MAS). This expansion is aimed at meeting the increasing demands for efficient and transparent payment solutions in the region and beyond.

Cross-Border Payments

Fintech News

MAY 21, 2024

Alchemy Pay, a provider of fiat-crypto payment solutions, is preparing to launch its Web 3.0 Inspired by Ripple’s cross-border payment model, the Web 3.0 digital bank addresses significant challenges in managing cross-border payments and fiat-crypto transactions. digital bank.

Web 3.0

Fintech Finance

JUNE 3, 2025

TerraPay , a global leader in digital cross-border payments, today announced that it has been granted a Class B license by Bank Negara Malaysia (BNM). Malaysia stands as one of the largest cross-border remittance and trade corridors in the Asia-Pacific region.

Cross-Border Payments

Finovate

OCTOBER 18, 2024

“At Ebury, we embrace the complexity and risk of daily cross-border payments that enable business growth, in a way that traditional banks do not, or cannot,” Ebury Managing Director for APAC, Rick Roache said. Romania’s national mobile payment system, RoPay, went live this week.

Cross-Border Payments

The Fintech Times

JULY 25, 2024

China’s B2B cross-border trade payment platform, XTransfer , is strategically partnering with EBANX , the payment platform connecting global companies with customers in Latin America, Africa, and Asia, to streamline B2B trade payments in Latin America (LatAm).

Payment Solutions

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. and China.”.

Payments Institute