Provider of multiple Payment Services

If your business is similar to these e-wallet providers, you may be interested in obtaining a licence for e-money issuance & account issuance


According to MAS (Financial Institutions Directory)

These companies are currently hold a Major Payment Instiution licence for e-money issuance

Company Licence Type Activity/Business Type
Alipay Merchant Services MPI E-money Issuance Service
Ez-link Pte Ltd MPI E-money Issuance Service
Liquid Group Pte Ltd. MPI E-money Issuance Service
Revolut MPI E-money Issuance Service
Wise Asia-Pacific Pte. Ltd. MPI E-money Issuance Service
Xfers Pte. Ltd. MPI E-money Issuance Service
You Technologies Group (Singapore) Pte. Ltd. MPI E-money Issuance Service

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According to MAS (Financial Institutions Directory)

These companies are currently hold a Major Payment Instiution licence for account issuance

Company Licence Type Activity/Business Type
Independent Reserve SG Pte. Ltd. MPI Account Issuance Service
Liquid Group Pte. Ltd MPI Account Issuance Service
Revolut MPI Account Issuance Service
Wise Asia-Pacific Pte. Ltd. MPI Account Issuance Service
You Technologies Group (Singapore) Pte. Ltd. MPI Account Issuance Service

These companies are currently hold a Major Payment Instiution licence for account issuance and e-money issuance

  • ALETA PLANET MES PTE. LTD.
  • ALLINPAY MERCHANTS SERVICES (SINGAPORE) PTE. LTD.
  • CHECKOUT APAC PTE. LTD.
  • LIQUID GROUP PTE. LTD.
  • MOOLAHGO PTE. LTD.
  • REVOLUT TECHNOLOGIES SINGAPORE PTE. LTD.
  • SINGCASH PTE. LTD.
  • SINGX SINGAPORE PTE. LTD.
  • SLIDESG PTE. LTD.
  • STARLINK FINANCIAL TECHNOLOGIES PTE. LTD.
  • SUNRATE PTE. LTD.
  • WISE ASIA-PACIFIC PTE. LTD.
  • YOU TECHNOLOGIES GROUP (SINGAPORE) PTE. LTD.

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The full list of companies holding a payment service provide licence under MAS can be found HERE


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