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Fomo Pay: Secures Singapore PSA licence | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Fomo Pay: Secures Singapore PSA licence

Fomo Pay: Secures Singapore PSA licence

  • FOMO Pay is a leading fintech company founded and headquartered in Singapore, the first of its kind
  • Announced that it granted new licenses from the Monetary Authority of Singapore (MAS) to operate three new regulated activities
  • By securing these licenses, the company now gains a strong foothold to provide a robust range of credible payment-based solutions
  • The company now holds four out of seven key regulated activities under the Payment Services Act (PSA) licensing framework
  • This further elevates its leading position as a one-stop payment solution provider in Singapore and the region
  • Began as a Singapore FinTech company offering the flagship solution of helping online and offline merchants

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