Singapore · Payments & e-money
Lulu Money (Singapore) PTE. LTD.
LuLu Money (Singapore) Pte. Ltd. is a private limited company incorporated in Singapore in 2000 under the name Mass Express Pte Ltd. The Monetary Authority of Singapore (MAS) licenses it as a Major Payment Institution for cross-border money transfer services. It is wholly owned by LuLu Financial Holdings, an Abu Dhabi-based holding company. It sends money abroad for individual customers through two branches in Singapore under the LuLu Money brand.
Licences and registrations
Held by Lulu Money (Singapore) PTE. LTD. (LEI 254900MYIPLO95C4ST27). 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 InstitutionMonetary Authority of Singapore (MAS) | Major Payment InstitutionPayment Institution | Not published by the register | Singapore | Active | — | — |
|
Search the register ↗ |
- 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.
Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
100% Lulu Financial Holdings Ltd
Firm type
Money remittance
Trades as LuLu Money
- Ownership
- LuLu Financial Holdings, an Abu Dhabi-based holding company, reports a 100% stake in the firm.
- Direct parent
- Lulu Financial Holdings Ltd ↗, United Arab Emirates 100%
- Head office
- 810 Geylang Road, #01-01 City Plaza, 409286 Singapore, Singapore
- Company register
- ACRA UEN 200000303N
- Incorporated
- 13 Jan 2000
- Former name
- MASS EXPRESS PTE LTD
Online
- Websites & references
- lulumoney.com.sg ↗
- Official social accounts
- Facebook ↗ · Instagram ↗
- App
- Google Play ↗
Sources · 10 pages consulted
- eservices.mas.gov.sg/fid/institution/detail/1083-LULU-MONEY-SINGAPORE-PTE-LTD
- lulumoney.com.sg/
- lulumoney.com.sg/about/
- lulumoney.com.sg/our-team/
- lulumoney.com.sg/services/money-transfer/
- lulumoney.com.sg/terms-and-conditions/
- lulumoney.com.sg/aml-cft-policy/
- lulufin.com/
- lei.bloomberg.com/leis/view/254900MYIPLO95C4ST27
- gulfnews.com/gn-focus/company-news/adeeb-ahamed-of-lulu-financial-holdings-joins-the-wall-street-journ
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Monetary Authority of Singapore licenses the firm as a Major Payment Institution under the Payment Services Act 2019 for cross-border money transfer services.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Monetary Authority of Singapore Singapore | Major Payment Institution (Cross-border Money Transfer Service) | — | In its own name | Active | eservices.mas.gov.sg ↗ |
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.
Products and markets
Researched 29 Sep 2026 · Sources
The firm offers transfers to bank accounts in India, the Philippines, Pakistan and Sri Lanka, cash pick-up and door-to-door delivery in the Philippines. It also describes itself as a remittance partner of MoneyGram, Ria and Transfast.
The firm serves customers in Singapore from two branches, in Geylang and Little India.
- Sells to
- Consumers
- Serves customers in
- Singapore
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Patricia Chua GM - LuLu Money (Singapore)
- Executive
- Sandeep Vazhuthakaadu HOO - LuLu Money (Singapore) (Head of Operations)
- Executive
- Richard M Wason Chief Executive Officer, LuLu Financial Holdings (group)
- Executive
- Adeeb Ahamed Managing Director, LuLu Financial Holdings (group)
Recent events
Researched 29 Sep 2026 · Sources
The research found no fines, investigations, security incidents, licence changes or corporate events from the last three years.
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
- How the LEI was matched
- Matched by Elucidate to GLEIF on name, country and address
- Elucidate firm ID
- f14faa76b7f4
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- Payment Institution
- Activities
- Money remittance
- Payment services
- Licensed in
- Singapore · East Asia & Pacific
- First registered
- Not published
- Website
- www.lulumoney.com.sg ↗
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
- Direct parent
- Lulu Financial Holdings Ltd · United Arab Emirates254900ZKUUG5N5HC3X48 ↗
The Lulu Financial Holdings Ltd group has 2 institutions in the directory, in 2 countries: 1 holds a BIC and 1 does not.
Including Lulu Financial Services (Phils) Inc.
See the Lulu Financial Holdings Ltd group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Address on the register
- 810 GEYLANG ROAD #01-01 CITY PLAZA 409286, Singapore, 409286
- 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, with its LEI
- Postal address
- Hybrid: town, postcode and country in their own elements, the rest in two address lines
<FinInstnId>
<LEI>254900MYIPLO95C4ST27</LEI>
<Nm>LULU MONEY (SINGAPORE) PTE. LTD.</Nm>
<PstlAdr>
<PstCd>409286</PstCd>
<TwnNm>Singapore</TwnNm>
<Ctry>SG</Ctry>
<AdrLine>810 GEYLANG ROAD #01-01 CITY PLAZA</AdrLine>
<AdrLine>409286</AdrLine>
</PstlAdr>
</FinInstnId>- 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.
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 →Register for this page
- MAS Financial Institutions Directory - Major Payment Institution—Monetary Authority of Singapore (MAS) · source ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- 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) is an independent score of the financial crime risk of banks and payment institutions.
Book a demo