MAS grants MPI licence to Tazapay

Tazapay plans to expand its services across Asia and more.

Tazapay, a fintech company specialising in cross-border payments, has obtained a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS) following earlier in-principle approval this year.

The fintech said in a statement this step is an advantageous position for Tazapay to expand its services across Asia and beyond.

ALSO READ: Finmo obtains in-principle approval for MPI licence from MAS

The MPI licence allows Tazapay to offer a comprehensive range of services, including account issuance, merchant acquisition, cross-border and domestic money transfers, and e-money issuance to its growing client base.

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