For Sale: Licensed Standard Payment Institution – Singapore
Upgrading to Major Payment Institution | Clean MAS Record | Turnkey Setup
We are pleased to offer a fully licensed Standard Payment Institution (SPI) in Singapore, established in 2021 and currently in the process of upgrading to a Major Payment Institution (MPI). This fully compliant, operational company holds core payment licenses under the Monetary Authority of Singapore (MAS).
Key Business Details
License Type: Standard Payment Institution (SPI)
Jurisdiction: Singapore
Incorporated: 2021
Upgrade: Applying for MPI (no transaction limits)
Banking Partnerships
- Safeguarded account with DBS and CIMB Bank (Singapore)
- Ability to issue named accounts with DBS, OCBC, and Currency Cloud
- Local payouts in 30 currencies
- Local pay-ins in 7 currencies
Operational Status
- A few active clients onboard
- Team: 4 regulatory staff to remain post-sale
- Monthly OPEX: Approx. 40,000 SGD
- Paid-Up Capital: 100,000 SGD
✅ Licensed Activities
- Account issuance services
- Domestic and cross-border money transfer services
- E-money issuance services
Why This Opportunity?
- Clean, fully compliant with MAS
- Seamless transition with experienced regulatory staff
- No transaction limits – ideal for scaling high-volume operations
- Active business with existing clients
- Well-regarded reputation with the regulator
- Strategic positioning for APAC and global expansion
Asking Price: Available upon request
Interested? Contact us for full documentation, financials, or to schedule a confidential discussion.
