Skyee Achieves Major Milestone with Singapore Payment Licence
Global Expansion Continues for Cross-Border Payment Platform
Skyee, a leading Chinese cross-border payment platform, has taken a significant step forward in its global expansion plans. The company has received in-principle approval for a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS). This licence will enable Skyee to offer payment services in Singapore, enhancing the payment experience for cross-border sellers.
Streamlining Cross-Border Payments
With this approval, Skyee will be able to provide seamless payment solutions to merchants in Singapore, building on its existing presence in China, Europe, North America, and North Asia. The company’s proprietary platform is designed to provide safe and secure global cross-border payment services to overseas merchants, offering tailored solutions for over 20 global payment scenarios.
A Strategic Move for Skyee
Kozen Tan, CEO of Skyee Singapore, commented on the approval, stating that it marks a significant milestone for the company as it expands its reach and payment services across geographical borders. This licence solidifies Skyee’s position in one of the most significant financial markets globally.
A Global Presence
Headquartered in Guangzhou, China, Skyee has established a strong global presence with offices in Hangzhou, Shenzhen, Hong Kong, Singapore, Los Angeles, London, Tokyo, and Canada. The company’s product and service optimisation have earned it investment from Lakala Payment Group, a third-party payment company in China.
Linking the Global Financial Network
Skyee’s mission is to link the global financial network, build a new payment system, and provide all-around convenience for cross-border fund transfers. With this licence, the company is one step closer to achieving its goal of providing seamless payment solutions to merchants worldwide.
About Skyee
Skyee Group was established in 2016 and has since become a leading player in the cross-border payment industry. With its innovative approach and commitment to excellence, Skyee is poised to continue its growth trajectory in the global payment landscape.
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