Singapore MPI Licensed Entity (Grandfathered)
Main details:
• Incorporated: 2000
• MPI licence obtained via grandfathering under Payment Services Act 2019
• Licence status: perpetual
• Formerly licensed under MCRBA framework since inception
• Paid share capital: SGD 500,000
• Clean company, updated reporting, no obligations
• Team of 25 employees
• 2 UBOs
• Bank accounts opened
Key advantages:
• Rare grandfathered MPI status
• Long operational history (since 2000)
• Stable regulatory profile with perpetual licence
Financials (USD)
Asking Price $11,723,260
Converted From EUR
Exchange Rate $1.17
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