Singapore is the fifth-largest financial center in 2020, according to 27th edition of the global Financial Centres Index (GFCI) Rank. But what is so special about Singapore? Why do so many european companies register there or open a branch office. Especially companies from the financial sphere? First of all, we need to admit that E-money is no longer a hot topic for fintech conferences but it is already a reality. Most people and businesses are using e-money on everyday basis. This is why so many businesses nowadays are looking for opportunities in this field. Let’s see which benefits are available to you by getting an EMI-license in Singapore.
4 benefits of obtaining an EMI-license in Singapore
Obtaining an EMI-license can improve your existing business and open promising opportunities for new companies as well. If you’re looking for a country, where you can get an EMI-license, you should definitely consider Singapore as one of the states for this. The process of obtaining a license in Singapore requires time and may be very stressful if you haven’t requested it before. UniversePay has solid experience in licensing questions with several successful cases. Our team will lead you through the whole process from collecting the documents to the application. And as an additional bonus – everything can be done remotely. Visit our website to get a free consultation.