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PingPong receives key financial license in Malaysia, expanding its global fintech presence.
PingPong, a global cross-border payments platform, has received a Money Services Business Licence from Malaysia's central bank, Bank Negara Malaysia.
This licence allows PingPong to serve enterprises, financial institutions, and SaaS companies in Malaysia's $445 billion economy.
With over 60 global licenses, PingPong expands its presence in Southeast Asia, where the fintech sector is projected to grow to $111 billion by 2030, reflecting a 16% annual growth rate.
The approval positions PingPong to support Malaysia's growing fintech and financial services ecosystem.
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PingPong recibe una licencia financiera clave en Malasia, expandiendo su presencia de fintech global.