Kpay
Hong Kong, Singapore-based KPay receives in-principle approval for Singapore major payment institution licence
KPay Group, a fintech company co-headquartered in Hong Kong and Singapore, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution license, under the Payment Services Act 2019 for its Singapore subsidiary, KPay Merchant Service (Singapore).
KPay secures $55M in Series A funding led by Apis Growth Markets Fund III & Apis Global Growth Fund III
Founded just over three years ago, KPay has achieved a remarkable 166 percent revenue CAGR during this period, operating across Hong Kong, Singapore and Japan.
