Aspirants for the Major Payment Institution license
Aspire has acquired an in-principle approval (IPA) for the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
According to the company, the IPA fuels its efforts to develop a user-centric finance stack for the global economy.
"Securing the In-Principle Approval for the MPI license from MAS is a significant validation of our commitment to building a robust and secure financial ecosystem for businesses across Asia and beyond," said Aspire CEO Andrea Baronchelli.