Ripple partner FOMO Pay secures Hong Kong MSO License By Investing.com – Canada Boosts

Ripple partner FOMO Pay secures Hong Kong MSO License


SINGAPORE – FOMO Pay, a cost options supplier that has partnered with blockchain agency , has obtained a Cash Service Operator (MSO) License in Hong Kong. The license will allow FOMO Pay to supply cost and remittance companies inside the area.

The corporate, which is already licensed by the Financial Authority of Singapore (MAS) for switch companies, is forging forward in its mission to ascertain a complete monetary community. This community goals to ship high-quality options that assist enterprise enlargement and monetary innovation.

Allen Vincent, a senior supervisor at FOMO Pay, emphasised the corporate’s dedication to enhancing monetary innovation. “We are set on cultivating a comprehensive financial network that provides top-notch solutions facilitating business growth,” mentioned Vincent. With the brand new MSO License, FOMO Pay is poised to increase its attain and affect within the Asian monetary market, leveraging its partnership with Ripple to reinforce its service choices.

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