Currencycloud: UK Fintech Currencycloud Obtains In-Principle Approval for Major Payment Institution License Holder from MAS

Currencycloud, a Visa solution and the specialists in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) license holder from the Monetary Authority of Singapore (MAS). The license will allow Currencycloud to "provide a full suite of intra-regional and international services to Singapore businesses." Currencycloud now offers customers "based in Asia Pacific the ability to collect, convert, hold, send, and spend multiple currencies simultaneously across 180