Company Detail
Fomo Pay Pte. Ltd.
Category
FinTech
Vertical
Payments and Wallets
Company ID
201543956D
SFA Member
04/27
Business Model
B2B B2B2C
Business Est.
Since 2015
Countries
Singapore (HQ), Bahrain, Hong Kong, Malaysia, Others, United Arab Emirates
MAS License
Major/Standard/Exempt Payment Institution (Account/E-money Issuance)
Major/Standard/Exempt Payment Institution (Domestic or Cross-border Money Transfer)
Major/Standard/Exempt Payment Institution (Merchant Acquisition)
Major/Standard/Exempt Payment Institution (Digital Payment Token)
CMSL Holder / Exemptee (Dealing in Capital Markets Products)
CMSL Holder / Exemptee (Providing Custodial Services)
Licensed/Exempt Financial Adviser
Approved Exchange / Recognised Market Operator
Payment System Operator / Settlement Institution
Insurer / Reinsurer / Insurance broker
Major/Standard/Exempt Payment Institution (Domestic or Cross-border Money Transfer)
Major/Standard/Exempt Payment Institution (Merchant Acquisition)
Major/Standard/Exempt Payment Institution (Digital Payment Token)
CMSL Holder / Exemptee (Dealing in Capital Markets Products)
CMSL Holder / Exemptee (Providing Custodial Services)
Licensed/Exempt Financial Adviser
Approved Exchange / Recognised Market Operator
Payment System Operator / Settlement Institution
Insurer / Reinsurer / Insurance broker
FinTech Certified
04/23 (Expired)
Awards
Citibank the most Scalable Solution Award /the People’ Choices Award (2019)
OCBC Emerging Enterprise Award 2018
MAS FinTech Awards Winner 2017
OCBC Emerging Enterprise Award 2018
MAS FinTech Awards Winner 2017
Co-Founder
Co-Founder
FOMO Pay · Full-timeFOMO Pay · Full-time
2015 - Present · 11 yrs 3 mos2015 to Present · 11 yrs 3 mos
Singapore, Hong Kong, UAE · HybridSingapore, Hong Kong, UAE · Hybrid
Founded in 2015, FOMO Group is a financial holding group based in Singapore, offering one-stop digital payment, digital banking, and digital asset solutions, bridging Web 2.0 and Web 3.0 ecosystems. FOMO Group owns three financial institutions which operate independently from each other:
•FOMO Pay – A major payment institution regulated under the Payment Services Act to conduct Cross-border Money Transfer Service, Domestic Money Transfer Service, Digital Payment Token Service, and Merchant Acquisition Service. The firm is currently building Asia’s first licensed gateway helping institutions and businesses to connect between fiat and digital currency.
•CapBridge – A Capital Markets Services licensee licensed to deal in capital markets products, including securities and collective investment schemes, and provide custodial services. It is also an exempt financial adviser permitted to advise on investment products and to issue or promulgate analyses and reports on such investment products.
•1exchange – A licensed and regulated private securities exchange with a Recognized Market Operator License, allowing companies and investors to list and trade regulated financial products and equity assets.
Co-Founder
FOMO Pay · Full-timeFOMO Pay · Full-time
2015 - Present · 11 yrs 3 mos2015 to Present · 11 yrs 3 mos
Singapore, Hong Kong, UAE · HybridSingapore, Hong Kong, UAE · Hybrid
Founded in 2015, FOMO Group is a financial holding group based in Singapore, offering one-stop digital payment, digital banking, and digital asset solutions, bridging Web 2.0 and Web 3.0 ecosystems. FOMO Group owns three financial institutions which operate independently from each other:
•FOMO Pay – A major payment institution regulated under the Payment Services Act to conduct Cross-border Money Transfer Service, Domestic Money Transfer Service, Digital Payment Token Service, and Merchant Acquisition Service. The firm is currently building Asia’s first licensed gateway helping institutions and businesses to connect between fiat and digital currency.
•CapBridge – A Capital Markets Services licensee licensed to deal in capital markets products, including securities and collective investment schemes, and provide custodial services. It is also an exempt financial adviser permitted to advise on investment products and to issue or promulgate analyses and reports on such investment products.
•1exchange – A licensed and regulated private securities exchange with a Recognized Market Operator License, allowing companies and investors to list and trade regulated financial products and equity assets.