Temasek-backed Flywire secures major payment institution licence in Singapore

Temasek-backed Flywire secures major payment institution licence in Singapore

FILE PHOTO: A view of the Monetary Authority of Singapore building in Singapore April 18, 2016. REUTERS/Edgar Su/File Photo

Flywire, a Temasek-backed payments platform, has secured in-principle approval for a major payment institution licence from the Monetary Authority of Singapore (MAS).

Edited by: Pramod Mathew