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EBANX Secures In-Principle Approval for License From Monetary Authority of Singapore

Summary by PYMNTS.com
Global payment service provider EBANX secured In-Principle Approval (IPA) for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license supports cross-border money transfers and merchant acquisition services in Singapore, the company said in a Monday (Feb. 17) press release. EBANX CEO and Co-founder João Del Valle said in the release that the receipt of this approval demonstrates the company’s ability…
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FinanceFeedsFinanceFeeds

Ebanx Closer To Securing MPI License For Payments In Singapore - FinanceFeeds

EBANX has announced that its Singapore-based entity, EBANX Pte. Ltd., has been granted In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Founded in 2012, the Payment Service Provider’s fintech hub has always been in Singapore. EBANX currently holds an MAS authorization for cross-border operations in the country, but the MPI license will allow the firm to provide a broader scope of…

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TechNode GlobalTechNode Global

EBANX secures in-principle approval for MPI license from MAS for global payment

EBANX, a Brazil-based global payment service provider (PSP) specializing in emerging markets, has on Monday announced that the firm has been granted in-principle approval for a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). This license supports two types of payment services in Singapore (namely, cross-border money transfers and merchant acquisition services), enabling EBANX to strengthen its offerings wi…

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GlobalFinTechSeriesGlobalFinTechSeries

EBANX secures In-Principle Approval for Major Payment Institution license from Monetary Authority of Singapore, amplifying global payments reach

The Payment Service Provider strengthens its global operations and accelerates APAC expansion after obtaining In-Principle Approval for a Singapore Major Payment Institution license. The APAC region represents 39% of the fintech’s total processed volume EBANX, a leading global Payment Service Provider (PSP) specializing in emerging markets, today announced that EBANX Pte. Ltd. has been granted In-Principle Approval for a Major Payment Institutio…

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PYMNTS.comPYMNTS.com

EBANX Secures In-Principle Approval for License From Monetary Authority of Singapore

Global payment service provider EBANX secured In-Principle Approval (IPA) for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license supports cross-border money transfers and merchant acquisition services in Singapore, the company said in a Monday (Feb. 17) press release. EBANX CEO and Co-founder João Del Valle said in the release that the receipt of this approval demonstrates the company’s ability…

Read Full Article
Financial ITFinancial IT

EBANX Secures In-Principle Approval for Major Payment Institution License From Monetary Authority of Singapore, Amplifying Global Payments Reach

EBANX, a leading global Payment Service Provider (PSP) specializing in emerging markets, today announced that EBANX Pte. Ltd. has been granted In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license supports two types of payment services in Singapore (namely, cross-border money transfers and merchant acquisition services), enabling EBANX to strengthen its offerings within i…

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thepaypers.comthepaypers.com

EBANX obtains in-principle approval for MPI licence from MAS

Global technology company EBANX has announced that the Monetary Authority of Singapore (MAS) granted it an in-principle approval for a Major Payment Institution (MPI) licence.

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Fintech Singapore broke the news in on Monday, February 17, 2025.
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