terminal / j / sg

Singapore

Regulator

Monetary Authority of Singapore

Regimes

Monetary Authority of Singapore

Companies

3 active licences

Passporting in

0 home states

Activities

/ 25

PROVENANCE

0% registry67% document33% inferred

REGIMES IN THIS JURISDICTION

click a tier for its source

REGIME · STATUTEACTSMIN CAPITALTIMELINEAPPLICATION FEE

Money-Changing Licence / Singapore / PS ActPayment Services Act 2019 · Monetary Authority of Singapore

Currency conversion (FX) as a service1/25 · 0 holders

no data

→

Standard Payment Institution Licence / Singapore / PS ActPayment Services Act 2019 · Monetary Authority of Singapore

Execute payment transactions (direct debits, card payments, credit transfers), Issue electronic money, Money remittance3/25 · 0 holders

SGD 100,000 source

6–15 months source

no data

→

Major Payment Institution Licence / Singapore / PS ActPayment Services Act 2019 · Monetary Authority of Singapore

Acquire card-based payment transactions (card acquiring), Exchange crypto-assets for funds, Execute payment transactions (direct debits, card payments, credit transfers) +36/25 · 3 holders

SGD 250,000 source

no data

→

Licences issued here

3 active

Source: Monetary Authority of Singapore’s public register, read 1 Sep 2026

Company	Regulator	Licence	Covers	Granted
Airwallex (Singapore) Pte LtdPart of Airwallex Pty Ltd	Monetary Authority of Singapore	Major Payment Institution Licence	PaymentsE-moneyCrypto	not published
Nium Pte Ltd	Monetary Authority of Singapore	Major Payment Institution Licence	PaymentsE-moneyCrypto	not published
Wise Asia-Pacific Pte. Ltd.	Monetary Authority of Singapore	Major Payment Institution Licence	PaymentsE-moneyCrypto	not published

INBOUND PASSPORTING — REGIMES ELSEWHERE THAT REACH THIS MARKET

HOME REGIME

No inbound passporting reaches this jurisdiction.

ACTIVITIES PERMITTED IN THIS JURISDICTION

Acquire card-based payment transactions (card acquiring)Conferred by Major Payment Institution Licence / Singapore / PS Act (for sme, corporate, via-intermediary)

Currency conversion (FX) as a serviceConferred by Money-Changing Licence / Singapore / PS Act (for consumer, sme, corporate)

Exchange crypto-assets for fundsConferred by Major Payment Institution Licence / Singapore / PS Act (for consumer, sme, corporate, regulated-fi)

Execute payment transactions (direct debits, card payments, credit transfers)Conferred by Standard Payment Institution Licence / Singapore / PS Act (for consumer, sme, corporate, via-intermediary); Major Payment Institution Licence / Singapore / PS Act (for consumer, sme, corporate, via-intermediary)

Issue electronic moneyConferred by Standard Payment Institution Licence / Singapore / PS Act (for consumer, sme, corporate, via-intermediary); Major Payment Institution Licence / Singapore / PS Act (for consumer, sme, corporate, via-intermediary)

Money remittanceConferred by Standard Payment Institution Licence / Singapore / PS Act (for consumer, sme, corporate, via-intermediary); Major Payment Institution Licence / Singapore / PS Act (for consumer, sme, corporate, via-intermediary)

Provide transfer services for crypto-assets on behalf of clientsConferred by Major Payment Institution Licence / Singapore / PS Act (for consumer, sme, corporate, regulated-fi)

PRODUCTS AVAILABLE HERE

PRODUCTCLIENT TYPESTATUSMISSING ACTIVITIES

Crypto off-ramp (crypto to fiat payout)consumer · SME · corporateconditionalhypothetical—

via intermediarynoneExchange crypto-assets for funds

regulated FInoneExecute payment transactions (direct debits, card payments, credit transfers)

Crypto on-ramp (fiat to crypto)consumer · SME · corporateconditionalhypothetical—

via intermediarynoneExchange crypto-assets for funds

regulated FInoneExecute payment transactions (direct debits, card payments, credit transfers)

Merchant collectionsSME · corporate · via intermediaryconditionalhypothetical—

consumernoneAcquire card-based payment transactions (card acquiring)

regulated FInoneAcquire card-based payment transactions (card acquiring), Execute payment transactions (direct debits, card payments, credit transfers)

Payoutsconsumer · SME · corporateconditionalhypothetical—

via intermediarynoneCurrency conversion (FX) as a service

regulated FInoneCurrency conversion (FX) as a service, Execute payment transactions (direct debits, card payments, credit transfers)

Card issuingconsumer · SME · corporate · regulated FI · via intermediarynoneIssue payment instruments and/or acquire payment transactions, Issue card-based payment instruments (card issuing)

Cross-border remittanceconsumer · SME · corporate · via intermediarynoneCross-border remittance as a distinct commercial activity

regulated FInoneCross-border remittance as a distinct commercial activity, Money remittance

IBAN accountsconsumer · SME · corporate · via intermediarynonePlace cash on a payment account, Cash withdrawal from a payment account, Issue IBAN accounts in the institution's own name

regulated FInonePlace cash on a payment account, Cash withdrawal from a payment account, Execute payment transactions (direct debits, card payments, credit transfers), Issue IBAN accounts in the institution's own name

Stablecoin custodyconsumer · SME · corporate · regulated FI · via intermediarynoneProvide custody and administration of crypto-assets on behalf of clients

Stablecoin orchestrationconsumer · SME · corporatenoneProvide custody and administration of crypto-assets on behalf of clients

via intermediarynoneProvide custody and administration of crypto-assets on behalf of clients, Exchange crypto-assets for funds

regulated FInoneProvide custody and administration of crypto-assets on behalf of clients, Execute payment transactions (direct debits, card payments, credit transfers)

CHANGES

Nothing to show yet. A change log needs two snapshots to compare, and history only began being recorded on 2026-08-14 — the builds captured so far differ by zero values. Rather than back-fill invented history, this fills in as the corpus actually moves.

Need this implemented in your product?

I turn requirements like these into flows, vendor setups, tests and audit evidence.

Jurisdiction: Singapore

Work with me