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Ifvex

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2025-01-13 06:08:46 -

China’s Skyee receives IPA for MPI license from MAS
Skyee Pte. Ltd. has on Monday announced that it has been granted in-principle approval (IPA) for the major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). Skyee said in a statement that if obtained, the MPI license will allow the firm to service its Singapore market, further enhancing the payment experience for cross-border sellers, streamlining payment...

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Ifvex

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2025-01-10 13:14:51 -

China’s XTransfer receives license to provide payment services in Singapore
XTransfer, a China-based business to business (B2B) cross-border trade payment platform, was granted the major payment institution (MPI) license by the Monetary Authority of Singapore (MAS) to offer payment services in the country. XTransfer said in a statement on Friday that this significant milestone strengthens the firm’s leading position in the B2B cross-border payments industry....

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2025-01-10 12:22:47 -

Largest Philippine fintech company GCash said to pick banks for IPO
GCash, the largest fintech platform in the Philippines, has picked banks to work on an initial public offering (IPO) that could take place this year, Bloomberg reported on Thursday, quoting people familiar with the matter. GCash has selected JPMorgan Chase & Co, Morgan Stanley and UBS Group AG to work on the potential share sale, the people reportedly said. Other banks that may also help...

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2025-01-13 06:06:40 -

Singapore’s Endowus raises additional $17.5M, bringing latest fundraising round to over $50M
Singapore-based digital wealth advisory platform Endowus has announced an additional raise of $17.5 million follows from their $35 million raise last year to take the total for this round to $52.5 million. The firm said in a statement on last Thursday that the funding increased its total funding to over $110 million. New investors include Malaysia-based OSK Ventures and Asia Companion Fund...

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