Pyvio Network Pte. Ltd.获新加坡大型支付机构牌照(MPI)原则性批准 - Pyvio Network Pte. Ltd. received In-Principle Approval for Major Payment Institution (MPI) Licence in Singapore

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Pyvio Network Pte. Ltd. announced it has received In-Principle Approval (IPA) for a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS) on March 27, 2026.

Pyvio MPI Singapore

Subject to obtaining formal approval from MAS and fulfilling all specified conditions, Pyvio Network Pte. Ltd. will be granted to provide the following payment services:

(a) account issuance;

(b) domestic money transfer;

(c) cross-border money transfer;

(d) merchant acquisition; and

(e) e-money issuance.

 

This IPA is a significant milestone to Pyvio Network Pte. Ltd. Pyvio Network Pte. Ltd. will strengthen its payment infrastructure in Singapore, enhance its ability to serve customers in Singapore and the broader Asia-Pacific region, and deliver secure and efficient payment solutions.

 

“Singapore is a key global financial hub and a strategic gateway to Southeast Asia.” said LI Kai, CEO of Pyvio Network Pte. Ltd., “As cross-border trade continues to grow, businesses increasingly require localized and compliant payment infrastructure. We will continue to build our Singapore payment infrastructure to empower our potential customers from Singapore and Asia-Pacific region."

 

Disclaimer:

An in-principle approval (IPA) reflects MAS’ view that a licence may be issued to the applicant upon the fulfilment of specified conditions and provided there are no material adverse developments affecting the applicant. An IPA does not constitute a licence for Company to provide payment services at this juncture. MAS reserves the right to rescind the IPA in circumstances where it considers appropriate.