Tag "fomo pay"

MAS Initiates Digital Singapore Dollar Trials

The Monetary Authority of Singapore (MAS) has published a report detailing potential uses of a purpose-bound digital Singapore dollar (SGD) and the supporting infrastructure required. The report also marked the successful completion of Phase 1 of Project Orchid which explored

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FOMO Pay Raises US$13 Million in Series A Round Led by Jump Crypto

Singapore-based major payments institution licensee FOMO Pay announced that it has secured a US$ 13 million investment for its Series A funding round led by Jump Crypto. Other participating investors include HashKey Capital, Antalpha Ventures, Ab Initio Capital, and Republic

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FOMO Pay Taps Ripple’s Liquidity Solution for Same-Day Settlements Globally

Singapore-based major payments institution FOMO Pay announced that it will utilise Ripple’s crypto-enabled enterprise technology to improve its cross-border treasury flows. Ripple’s On-Demand Liquidity (ODL) leverages XRP, the digital asset built for payments as a bridge between two fiat currencies,

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FOMO Pay Enables Singaporean Retailers to Accept Crypto Payments

Singapore-based major payment institution FOMO Pay announced that local retailers can now accept digital payment tokens (DPT) through its new cryptocurrency payment solution. According to a statement by FOMO Pay, the new payment method targeted at retailers is the first

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FOMO Pay Partners With Circle to Integrate USD Coin Into Its Services

Singapore-based major payment institution FOMO Pay has entered into a strategic agreement to collaborate with Circle Internet Financial, a global financial technology firm and sole issuer of USD Coin (USDC). FOMO Pay will integrate USDC into its services, allowing its

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FOMO Pay Joins DBS Digital Exchange for Merchants to Accept Crypto Payments

Singapore-based major payment institution FOMO Pay announced that it will be joining as a member of the DBS Digital Exchange (DDEx). FOMO Pay was recently granted a Digital Payment Token (DPT) Service license by the Monetary Authority of Singapore (MAS)

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FOMO Pay Taps Merkle Science’s Blockchain Monitoring Platform

Singapore-based major payment institution FOMO Pay has announced a partnership with Merkle Science, a predictive blockchain monitoring and investigative platform, to enhance its compliance, risk management and threat detection measures. In September 2021, FOMO Pay was granted the Digital Payment

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Digital Payment Token Services Among Three New Licenses Granted to FOMO Pay

FOMO Pay, a QR code payment solution provider in Singapore, has been granted new licenses from the Monetary Authority of Singapore (MAS) to operate three new regulated activities. Starting today, merchants can now leverage on FOMO Pay services to accept

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Atome Ties up with FOMO Pay to Expand BNPL Acceptance Across Asia

FOMO Pay, a QR payments provider, announced a partnership with Atome that will expand seamless Buy Now, Pay Later (BNPL) acceptance across thousands of online and offline retail businesses in Singapore and across Asia. Atome’s platform has over 3,000 online

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AMTD Digital Continues Acquisition Spree in Singapore with FOMO Pay

AMTD Digital, the integrated digital solutions platform of AMTD Group, announced that it will acquire a controlling stake in FOMO Pay, a QR payments provider, via its “Fusion-in” programme, which involves using a combination of share swap and cash for

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