Company Information

Get to know FOMO Pay

Founded in 2015, FOMO Pay is a Singapore-headquartered financial technology company licensed by the Monetary Authority of Singapore (MAS) as a Major Payment Institution. The company's mission is to facilitate digital transformation for businesses by providing a comprehensive suite of digital payment and banking solutions. FOMO Pay enables merchants to accept a wide range of payment methods, including credit cards and various mobile wallets, through a single platform. It has also expanded its services to include digital token payments and central bank digital currency (CBDC) projects. In 2022, FOMO Pay was fully acquired by AMTD Digital Inc. (NYSE: HKD).

Industry

Financial PSP GatewayPRIMARY
Financial Banking
Financial Other Service

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FOMO Pay

Singapore

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

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Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.