M-DAQ Global, a fintech company specializing in cross-border foreign exchange (FX) and payment solutions, has been awarded a capital markets services (CMS) license from the Monetary Authority of Singapore (MAS).
This license enables our subsidiary, M-DAQ Market Solutions, to handle over-the-counter (OTC) derivatives contracts.
With our B2C e-commerce experience and CMS license, M-DAQ Expanding into B2B services to accommodate more complex requirements and longer payment periods.
This complements the Group’s existing Major Payment Institution (MPI) license and strengthens its ability to provide comprehensive solutions for managing currency exposure, accessing liquidity and avoiding market volatility.
“Securing the CMS license strengthens our ability to meet the currency risk management needs of our growing number of clients. We build a strong foundation of FX expertise serving leaders in B2C e-commerce. This license allows us to expand our capabilities to support B2B applications with more complex requirements and longer payment periods.
With CMS and MPI licenses, the Group provides comprehensive, end-to-end solutions to help businesses manage currency exposure, collect and pay around the world, and confidently navigate market fluctuations. It will be available as. ”
Richard Koh, Founder and Group CEO of M-DAQ Global said:
Featured image credit: Edited from freepic
