FOMO Pay, a Singapore-based payment processor and partner of Ripple, has received a Money Service Operator (MSO) License from the Hong Kong government. This license allows the company to provide payment and remittance services to businesses and individuals in Hong Kong, thus solidifying their presence in the financial sector. FOMO Pay already holds licenses from the Monetary Authority of Singapore, which permits them to offer domestic and cross-border money transfers. They are the first company in Singapore to receive approval for their digital payment token services, demonstrating their dedication to meeting the needs of financial innovation. Their senior manager expressed hope that this new achievement will help them reach their goals of building a comprehensive financial ecosystem and providing customers with solutions to accelerate business growth.



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