![Ripple Partner FOMO Pay Secures Hong Kong MSO License](https://i-invdn-com.investing.com/news/Ripple_800x533_L_1556445423.jpg)
FOMO Pay, a payment solutions provider that has partnered with blockchain company, has obtained a Money Services Operator (MSO) License in Hong Kong. The license will enable FOMO Pay to provide payment and remittance services in the region.
The company, which has been licensed by the Monetary Authority of Singapore (MAS(HN:)) for remittance services, is moving forward in its mission to establish a comprehensive financial network. The network aims to provide high-quality solutions that support business expansion and financial innovation.
Allen Vincent, senior manager at FOMO Pay, emphasized the company’s dedication to enhancing financial innovation. “We are preparing to build a comprehensive financial network that provides leading solutions that facilitate business growth,” Vincent said. With the new MSO License, FOMO Pay is ready to expand its reach and influence in the Asian financial markets, leveraging its partnership with Ripple to enhance its service offering.
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