FOMO Pay - News, Articles & Research

Company announcement/payments

Fomo Pay teams with Mastercard on release of SoftPOS

FOMO Pay, a leading Singapore-headquartered major payment institution, has announced a strategic collaboration with Mastercard to launch its Tap on Phone payment solution, FOMO SoftPOS.

12 November 2024

Company announcement/payments

FOMO Pay partners with Visa in Singapore

FOMO Pay, a leading Singapore-based major payment institution announced a strategic partnership today with Visa, the world’s leader in digital payments. Through this collaboration, FOMO Pay will integrate Visa’s QR into the SGQR network, enabling cardholders to scan the QR code and pay with their Visa cards. FOMO Pay will enable SGQR merchants to accept Visa QR payments, enabling the use of Visa credit and debit cards for scan-and-pay in Singapore

04 October 2024

Company announcement/startups

FOMO Pay secures $13 million in Series A investment round

FOMO Pay, the Singapore-headquartered major payment institution that enables the digital economy with global virtual banking solutions for financial institutions and enterprises, today announced that it has secured a USD 13 Million investment for its Series A round led by Jump Crypto. Other participating investors include HashKey Capital, Antalpha Ventures, Ab Initio Capital, and Republic Capital.

18 August 2022

Company announcement/crypto

Fomo Pay to use Ripple ODL for crypto-enabled treasury management

Ripple, the leader in enterprise blockchain and crypto solutions, today announced a partnership with Singapore-based major payments institution FOMO Pay, which will utilize Ripple’s crypto-enabled enterprise technology to improve its cross-border treasury flows.

26 July 2022

Company announcement/regulation

Fomo Pay secures Singapore PSA licence

FOMO Pay, the Singapore-headquartered major payment institution that enables digital transformation for financial institutions and enterprises, announced today that it has been granted new licenses from the Monetary Authority of Singapore (MAS) to operate three new regulated activities — Merchant Acquisition Service, Domestic Money Transfer Service and Digital Payment Token Service.

01 September 2021

Company announcement/payments

Atome teams with Fomo Pay to expand BNPL acceptance across Asia

FOMO Pay, a leading payment solution provider in Asia, is today announcing a partnership with Atome that will expand seamless buy now pay later acceptance across thousands of online and offline retail businesses in Singapore and across Asia.

28 April 2021

Company announcement

FOMO Pay and Discover Global netowrk team, up for card payments

FOMO Pay, an award-winning integrated payment solution provider to merchants in Singapore and across the region, and Discover Global Network, announced a partnership to allow Discover Global Network cardholders the ability to use their cards at FOMO Pay’s merchants around the world.

03 June 2019