Xfers is the first startup approved by the Singapore gov’t to run a large e-money service

The Monetary Authority of Singapore (MAS) has approved fintech startup Xfers’ application to become a widely accepted stored value facility (SVF). It is the first startup to get this approval. It joins the ranks of four other SVFs: EZ-Link Card, Nets CashCard, Nets FlashPay, and CapitaVoucher.

Read more: http://bit.ly/2EYzq4W

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