--- title: "Boku Networks Services SG PTE. LTD · Major Payment Institution (MAS) · Singapore | Elucidate" description: "Boku Networks Services SG PTE. LTD is authorised by Monetary Authority of Singapore (MAS) as a major payment institution in Singapore. Register status, licences, activities and ownership." url: https://elucidate.co/directory/boku-networks-services-sg-pte-ltd-3653eec9230d --- 1. [Directory](https://elucidate.co/directory) 2. [Singapore](https://elucidate.co/directory/country/sg) 3. Boku Networks Services SG PTE. LTD Singapore · Payments & e-money # Boku Networks Services SG PTE. LTD Boku Network Services SG Pte. Ltd. is a Singapore private company registered under UEN 201906003G. The Monetary Authority of Singapore (MAS) authorises it as a Major Payment Institution under the Payment Services Act 2019. Its licence covers domestic money transfer, cross-border money transfer and merchant acquisition services. It is one of the Boku group entities controlled by Boku, Inc., whose shares trade on the AIM market of the London Stock Exchange. The group describes itself as a global network of local payment methods serving digital merchants, and states that it does not provide services directly to consumers. Register status Licensed in Singapore Major Payment Institution · Monetary Authority of Singapore (MAS) Prudential licence [1 licence or registration ↓](https://elucidate.co/directory/boku-networks-services-sg-pte-ltd-3653eec9230d#licences) BIC **No BIC** LEI **No LEI mapped** [Licence no. **Not published by the register**](https://elucidate.co/directory/boku-networks-services-sg-pte-ltd-3653eec9230d#licences) ## Licences and registrations Held by Boku Networks Services SG PTE. LTD. 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026. | Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [MAS Financial Institutions Directory - Major Payment Institution](https://elucidate.co/directory/register/mas-mpi) Monetary Authority of Singapore (MAS) | Major Payment InstitutionPayment Institution | Not published by the register | [Singapore](https://elucidate.co/directory/country/sg) | Active | — | — | - Money remittance - Payment services - Card acquiring | [Search the register ↗](https://eservices.mas.gov.sg/fid) | - Each licence applies in the country of the regulator that granted it. - Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here. ## Swift network Swift’s ISO 9362 BIC directory Holds no BIC in Swift’s directory. No LEI is matched to this entry, and BICs are linked by LEI only. ## Overview Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/boku-networks-services-sg-pte-ltd-3653eec9230d#overview-sources) Customers Not published Employees Not published Ownership Group subsidiary Firm type Merchant acquiring and processing Trades as Boku - **Ownership:** The firm is a Boku group entity controlled by Boku, Inc., which is listed on AIM. The intermediate holding chain is not published. - **Ultimate owner:** Boku, Inc., United States - **Head office:** 9 Straits View, West Tower, #05-07 Marina One, 018937 Singapore, Singapore - **Company register:** ACRA UEN 201906003G ### Online - **Websites & references:** [boku.com ↗](https://www.boku.com/) [developer.boku.com ↗](https://developer.boku.com/) developer portal (group) [investors.boku.com ↗](https://investors.boku.com/) investor relations of Boku, Inc. (group) - **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/boku-inc/) Sources · 9 pages consulted 1. [eservices.mas.gov.sg/fid/institution/detail/243836-BOKU-NETWORKS-SERVICES-SG-PTE-LTD](https://eservices.mas.gov.sg/fid/institution/detail/243836-BOKU-NETWORKS-SERVICES-SG-PTE-LTD) 2. [boku.com/group-entities/](https://www.boku.com/group-entities/) 3. [boku.com](https://www.boku.com/) 4. [boku.com/about-us/](https://www.boku.com/about-us/) 5. [investegate.co.uk/announcement/rns/boku-inc-di-reg-s-cat-3-144a--boku/2025-full-year-results/9476987](https://www.investegate.co.uk/announcement/rns/boku-inc-di-reg-s-cat-3-144a--boku/2025-full-year-results/9476987) 6. [investegate.co.uk/announcement/rns/boku-inc-di-reg-s-cat-3-144a--boku/trading-update/9657188](https://www.investegate.co.uk/announcement/rns/boku-inc-di-reg-s-cat-3-144a--boku/trading-update/9657188) 7. [investegate.co.uk/announcement/rns/boku-inc-di-reg-s-cat-3-144a--boku/result-of-agm/9623904](https://www.investegate.co.uk/announcement/rns/boku-inc-di-reg-s-cat-3-144a--boku/result-of-agm/9623904) 8. [data.fca.org.uk/artefacts/NSM/RNS/5750647.html](https://data.fca.org.uk/artefacts/NSM/RNS/5750647.html) 9. [mas.gov.sg/investor-alert-list](https://www.mas.gov.sg/investor-alert-list) ## Authorisation Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/boku-networks-services-sg-pte-ltd-3653eec9230d#overview-sources) - **Operates under:** Its own licences MAS authorises the firm as a Major Payment Institution under the Payment Services Act 2019, licence PS20200527. The licence covers domestic money transfer, cross-border money transfer and merchant acquisition services. | Authority | Licence or registration | Number | Held | Status | Source | | --- | --- | --- | --- | --- | --- | | Monetary Authority of Singapore Singapore | Major Payment Institution (Domestic Money Transfer, Cross-border Money Transfer and Merchant Acquisition Services) | PS20200527 | In its own name | Active | [eservices.mas.gov.sg ↗](https://eservices.mas.gov.sg/fid/institution/detail/243836-BOKU-NETWORKS-SERVICES-SG-PTE-LTD) | Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks. ## Partners and safeguarding Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/boku-networks-services-sg-pte-ltd-3653eec9230d#overview-sources) - **Safeguarding:** Segregated safeguarding accountsThe firm states that funds received for merchants are held in a trust account with a safeguarding institution in line with MAS requirements, commingled with other merchants' funds. [boku.com ↗](https://www.boku.com/group-entities/) Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices. ## Products and markets Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/boku-networks-services-sg-pte-ltd-3653eec9230d#overview-sources) - Merchant acquiring - International money transfer - Domestic payments The firm provides merchant acquisition and domestic and cross-border money transfer services to merchants, as part of the Boku group's local payment methods network. The firm operates from Singapore under its MAS licence. Other group entities hold the group's licences in other markets. - **Revenue:** USD 128.8mGroup · 31 Dec 2025 · [annual report ↗](https://www.investegate.co.uk/announcement/rns/boku-inc-di-reg-s-cat-3-144a--boku/2025-full-year-results/9476987) - **Payment volume:** USD 15.7bnTotal Payment Volume (TPV), group Group · 31 Dec 2025 · [annual report ↗](https://www.investegate.co.uk/announcement/rns/boku-inc-di-reg-s-cat-3-144a--boku/2025-full-year-results/9476987) - **Sells to:** Enterprises · Platforms and marketplaces - **Serves customers in:** Singapore ## Leadership Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/boku-networks-services-sg-pte-ltd-3653eec9230d#overview-sources) - **Chief executive:** Stuart Neal Chief Executive Officer, Boku, Inc. (group) Confirmed 29 Sep 2026 · [boku.com ↗](https://www.boku.com/about-us/) - **Chief financial officer:** Rob Whittick Chief Financial Officer, Boku, Inc. (group) Confirmed 29 Sep 2026 · [boku.com ↗](https://www.boku.com/about-us/) - **Chair:** Richard Pennycook Board Chair, Boku, Inc. (group) Confirmed 17 Jun 2026 · [investegate.co.uk ↗](https://www.investegate.co.uk/announcement/rns/boku-inc-di-reg-s-cat-3-144a--boku/result-of-agm/9623904) - **Executive:** Leila Kassner Chief Operating Officer, Boku group Confirmed 29 Sep 2026 · [boku.com ↗](https://www.boku.com/about-us/) - **Executive:** Peter Klein Chief Commercial Officer, Boku group Confirmed 29 Sep 2026 · [boku.com ↗](https://www.boku.com/about-us/) ## Recent events Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/boku-networks-services-sg-pte-ltd-3653eec9230d#overview-sources) 1. Jul 2026 Other Boku, Inc. lowered its 2026 revenue guidance to USD 135-142 million, citing among other factors the suspension of carrier-billing connections in one market. [investegate.co.uk ↗](https://www.investegate.co.uk/announcement/rns/boku-inc-di-reg-s-cat-3-144a--boku/trading-update/9657188) 2. Jun 2026 Leadership Former chief executive Jon Prideaux retired from the Boku, Inc. board before the 17 June 2026 annual general meeting. [investegate.co.uk ↗](https://www.investegate.co.uk/announcement/rns/boku-inc-di-reg-s-cat-3-144a--boku/result-of-agm/9623904) 3. Jul 2025 Leadership Boku, Inc. appointed Richard Pennycook CBE as Board Chair, succeeding Dr Richard Hargreaves. [data.fca.org.uk ↗](https://data.fca.org.uk/artefacts/NSM/RNS/5750647.html) Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source. ## Identifiers - **BIC:** Holds no BIC in Swift’s directory - **LEI:** No LEI mapped - **Elucidate firm ID:** 3653eec9230d ## Profile - **Type:** Payments & e-money - **Regulation:** Prudential licence - **Main licence class:** Payment Institution - **Activities:** - Money remittance - Payment services - Card acquiring - **Licensed in:** [Singapore](https://elucidate.co/directory/country/sg) · East Asia & Pacific - **First registered:** Not published - **Website:** [www.boku.com ↗](http://www.boku.com/) Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet. ## Ownership and group GLEIF relationship records No LEI is matched to this entry, so GLEIF relationship records cannot be linked. ## Addresses - **Address on the register:** 9 STRAITS VIEW, #05-07, MARINA ONE WEST TOWER 018937, Singapore, 018937 - **Country:** Singapore ## ISO 20022 identification As an agent in a Swift cross-border payment message (CBPR+) This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code. - **Identified by:** Name and postal address. No LEI or clearing code is mapped in the directory - **Postal address:** Hybrid: town, postcode and country in their own elements, the rest in two address lines ```xml BOKU NETWORKS SERVICES SG PTE. LTD 018937 Singapore SG 9 STRAITS VIEW, #05-07 MARINA ONE WEST TOWER 018937 ``` - The address line repeats the town or postcode. Remove the repeat if your payment system rejects it. CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent. The values are as published by the register. Check them against your own records before use. ## Related institutions ### Other payments & e-money institutions in Singapore - [Atlas Consolidated PTE. LTD. · trading as Hugo No BIC Payments & e-money Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINCEN-MSB · LEI 9845005BPECFKD4ED973](https://elucidate.co/directory/atlas-consolidated-pte-ltd-dd9bff35ebe7) - [Triple A Technologies PTE. LTD. · trading as TripleA No BIC Payments & e-money Crypto Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINCEN-MSB · LEI 984500DA4B5DE9599547](https://elucidate.co/directory/triple-a-technologies-pte-ltd-35777ab55bbd) - [Jst Digital Trading & Technology PTE. LTD. No BIC Payments & e-money Crypto Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINCEN-MSB · LEI 254900VFSNIDSSI4MR30](https://elucidate.co/directory/jst-digital-trading-and-technology-pte-ltd-0b04a7881932) - [Paxos Global PTE. LTD. No BIC Payments & e-money Crypto Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINTRAC-MSB · LEI 254900HKUGCSEE1Z8626](https://elucidate.co/directory/paxos-global-pte-ltd-f0e62912b4de) - [Ripple Markets Apac PTE. LTD. No BIC Payments & e-money Crypto Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINCEN-MSB · LEI 98450060F9F56F87ED90](https://elucidate.co/directory/ripple-markets-apac-pte-ltd-05ecaf0d5a45) - [Stonex Financial Pte. Ltd. BIC IGLUSGSG Payments & e-money Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · LEI 984500C5005644B14P13](https://elucidate.co/directory/stonex-financial-pte-ltd-iglusgsg) - [Xrex PTE. LTD. No BIC Payments & e-money Crypto Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINCEN-MSB · LEI 2549000QE6HHWJLNL230](https://elucidate.co/directory/xrex-pte-ltd-da7af7b2e1b7) - [2C2P Pte. Ltd. No BIC Payments & e-money Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · No LEI mapped](https://elucidate.co/directory/2c2p-pte-ltd-4eb1a068b1fb) [See all →](https://elucidate.co/directory/search?type=payments&cc=SG) [Other entries on MAS-MPI →](https://elucidate.co/directory/register/mas-mpi) Sources & method Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI. An institution missing from these registers is not necessarily unregulated. Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists. An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. [Read the methodology →](https://elucidate.co/directory/methodology) Register for this page - **MAS Financial Institutions Directory - Major Payment Institution**—Monetary Authority of Singapore (MAS) · [source ↗](https://eservices.mas.gov.sg/fid) as at 25 September 2026 - **Overview, authorisation, partners, products, leadership and events**—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source. ## Assess the financial crime risk behind a licence A licence records what an institution is authorised to do; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks and payment institutions. [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.