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Hong Kong’s Reap receives in-principle approval for MPI license from MASReap, a Hong Kong-based payment technology provider, announced Friday 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. Reap said in a statement that obtaining the IPA marks a significant milestone for Reap. It noted Reap is committed to...0 Commenti 0 condivisioni 10K Views 0 Anteprima
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Singapore’s SUNRATE secures payment business license in ChinaSUNRATE, the Singapore-based payment and treasury management platform, announced last Friday that it has secured a payment business license in China following its successful acquisition of a 100 percent stake in Transfar Pay, a unit of Shenzhen-listed Transfar Group. SUNRATE said in a statement that the RMB 315 million ($43.8 million) acquisition has received approval from relevant Chinese...0 Commenti 0 condivisioni 1K Views 0 Anteprima
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