Ripple partner FOMO Pay secures Hong Kong MSO License

Must read

Bank CEO shrugs off U.S. war on ‘woke’ capital, says ESG investing is good for business

Bill Winters, Chief Executive Officer at the Standard Chartered Bank, attends a panel session of the World Governments Summit in Dubai on February 12,...

Russia offering African governments ‘regime survival package’ in exchange for resources, report says

OUAGADOUGOU, Burkina Faso - Jan. 20, 2023: A banner of Russian President Vladimir Putin is seen during a protest to support the Burkina Faso...

Smartphone makers are dreaming of a ‘supercycle’ driven by AI. Analysts disagree

Samsung Electronics' flagship smartphones Galaxy S24 series are displayed during their unveiling ceremony in Seoul, South Korea, January 15, 2024. Kim Hong-ji | ReutersBARCELONA –...

The 11 GRANOLAS stocks power Europe to record highs, drawing Magnificent Seven comparisons

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2024. Staff | ReutersOver the last 12...

Ripple partner FOMO Pay secures Hong Kong MSO License

SINGAPORE – FOMO Pay, a payment solutions provider that has partnered with blockchain firm , has obtained a Money Service Operator (MSO) License in Hong Kong. The license will enable FOMO Pay to offer payment and remittance services within the region.

The company, which is already licensed by the Monetary Authority of Singapore (MAS) for transfer services, is forging ahead in its mission to establish a comprehensive financial network. This network aims to deliver high-quality solutions that support business expansion and financial innovation.

Allen Vincent, a senior manager at FOMO Pay, emphasized the company’s dedication to enhancing financial innovation. “We are set on cultivating a comprehensive financial network that provides top-notch solutions facilitating business growth,” said Vincent. With the new MSO License, FOMO Pay is poised to extend its reach and influence in the Asian financial market, leveraging its partnership with Ripple to enhance its service offerings.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

More articles

Latest article

Bank CEO shrugs off U.S. war on ‘woke’ capital, says ESG investing is good for business

Bill Winters, Chief Executive Officer at the Standard Chartered Bank, attends a panel session of the World Governments Summit in Dubai on February 12,...

Russia offering African governments ‘regime survival package’ in exchange for resources, report says

OUAGADOUGOU, Burkina Faso - Jan. 20, 2023: A banner of Russian President Vladimir Putin is seen during a protest to support the Burkina Faso...

Smartphone makers are dreaming of a ‘supercycle’ driven by AI. Analysts disagree

Samsung Electronics' flagship smartphones Galaxy S24 series are displayed during their unveiling ceremony in Seoul, South Korea, January 15, 2024. Kim Hong-ji | ReutersBARCELONA –...

The 11 GRANOLAS stocks power Europe to record highs, drawing Magnificent Seven comparisons

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2024. Staff | ReutersOver the last 12...

eToro wants to bring its trading app to Apple Vision Pro and Meta Quest headsets

An Apple Vision Pro mixed reality (XR) headset is seen at Apple store in New York, United States on Feb. 3, 2024.Fatih Aktas |...