SINGAPORE, Nov. 5, 2026 /PRNewswire/ — Pyvio Network Technology Pte. Ltd. ("Pyvio Singapore"), the Singapore operating entity of Pyvio, announced that it has been granted a Major Payment Institution (MPI) licence by the Monetary Authority of Singapore (MAS), effective 1 November 2026.

Pyvio Singapore is licensed to conduct five regulated payment services: account issuance, domestic money transfer, cross-border money transfer, merchant acquisition, and e-money issuance.

The grant of the MPI licence establishes a foundation for Pyvio to commence licensed operations in Singapore and accelerate its market expansion across the Asia-Pacific region.

Li Kai, Chief Executive Officer of Pyvio Network Technology Pte. Ltd., commented:
"Singapore serves as a premier global financial hub and an essential conduit between Asia-Pacific and international markets. Securing the MPI licence represents a critical step forward in executing our regional growth strategy. Anchored by our Singapore operations, Pyvio Singapore remains dedicated to delivering frictionless, reliable cross-border payment solutions across the Asia-Pacific region—empowering businesses to streamline transactions globally."

Source link

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network
You May Also Like

CHIGEE Launches SR-1: Automotive-Grade 77GHz Radar Built for Motorcycles

Universal-fit blind spot detection, lane change assist, overtake alerts and rear collision…

Inside China's wildest cave basketball court

BEIJING, March 29, 2026 /PRNewswire/ — A news report from chinadaily.com.cn: Beneath…

Dyna.Ai Partners with ejada Systems to Scale AI Agents to Production Across Saudi Call Centers

SINGAPORE, Feb. 9, 2026 /PRNewswire/ — Dyna.Ai, a leading global provider of…