Singapore · Payments & e-money
Payoneer Singapore Private Limited
Payoneer Singapore Private Limited is a private limited company incorporated in Singapore. The Monetary Authority of Singapore (MAS) licenses it as a major payment institution under the Payment Services Act. It is a subsidiary of Payoneer Global Inc., which is listed on Nasdaq, and it serves Payoneer's customers based in Singapore with account issuance, domestic and cross-border money transfer, e-money issuance and merchant acquisition services. In June 2026 Nuvei agreed to acquire Payoneer Global Inc., with completion expected in mid-2027.
Licences and registrations
Held by Payoneer Singapore Private Limited. 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. No LEI is matched to this entry, and BICs are linked by LEI only.
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Group subsidiary
Firm type
FX and business payments
Trades as Payoneer
- Standing
- In June 2026 Nuvei agreed to acquire the firm's ultimate parent, Payoneer Global Inc. Completion is expected in mid-2027 and depends on shareholder and regulatory approvals.
- Ownership
- The firm is a subsidiary of Payoneer Global Inc., a Delaware corporation listed on Nasdaq, which Nuvei agreed in June 2026 to acquire.
- Ultimate owner
- Payoneer Global Inc., United States
- Head office
- 135 Cecil Street #10-01, Philippine Airlines Building, 069536 Singapore, Singapore
- Company register
- ACRA UEN 202025531H
- Incorporated
- 2020
Online
- Websites & references
- payoneer.com ↗
investor.payoneer.com ↗ group investor relations site - Official social accounts
- LinkedIn ↗ · X ↗ · Instagram ↗ · YouTube ↗
- Apps
- App Store ↗ · Google Play ↗
Sources · 7 pages consulted
- eservices.mas.gov.sg/fid/institution/detail/412296-PAYONEER-SINGAPORE-PRIVATE-LIMITED
- payoneer.com
- pubs.payoneer.com/legal/PayoneerCorporatePurchasingMCTerms_Apr_2025.htm
- businesswire.com/news/home/20230815365436/en/Payoneer-Singapore-Secures-Major-Payment-Institution-License-
- payoneer.com/newsroom/nuvei-to-acquire-payoneer-for-2-75-billion-creating-a-leading-global-platform-fo
- stocktitan.net/sec-filings/PAYO/8-k-payoneer-global-inc-reports-material-event-a4bbe1e872ed.html
- investor.payoneer.com/governance/executive-management
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
MAS licenses the firm as a major payment institution under the Payment Services Act. The licence covers account issuance, domestic money transfer, cross-border money transfer, merchant acquisition and e-money issuance services.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Monetary Authority of Singapore Singapore | Major Payment Institution (Payment Services Act) | — | 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.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Not disclosedThe firm's own safeguarding method was not found in its published documents. Under the Payment Services Act, MAS requires a major payment institution to protect customer money.
- Card issuer
- First Century Bank, N.A. United States
- Payment schemes and card networks
- Mastercard Through a partner pubs.payoneer.com ↗
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
It provides the Payoneer account and payment services to customers resident or incorporated in Singapore. The services include account issuance, domestic and cross-border transfers, e-money issuance and merchant acquisition.
It serves Payoneer customers who reside in Singapore or whose business is registered there. Payoneer's card terms say its US company Payoneer Inc. holds no Singapore licence under the Payment Services Act.
- Sells to
- Small businesses · Platforms and marketplaces · Enterprises
- Serves customers in
- Singapore
Leadership
Researched 29 Sep 2026 · Sources
- Executive
- Nagesh Devata Key personnel (MAS register); SVP Asia-Pacific, Payoneer (as of August 2023)
Recent events
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
Nuvei agreed to acquire the firm's parent, Payoneer Global Inc., for USD 7.40 per share in cash. Completion is expected in mid-2027.
payoneer.com ↗
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
- 5f9c1bbc6261
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
- Card acquiring
- E-money / stored value
- Licensed in
- Singapore · East Asia & Pacific
- First registered
- Not published
- Website
- www.payoneer.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
- 135 CECIL STREET #10-01, PHILIPPINE AIRLINES BUILDING 069536, Singapore, 069536
- 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
<FinInstnId>
<Nm>PAYONEER SINGAPORE PRIVATE LIMITED</Nm>
<PstlAdr>
<PstCd>069536</PstCd>
<TwnNm>Singapore</TwnNm>
<Ctry>SG</Ctry>
<AdrLine>135 CECIL STREET #10-01</AdrLine>
<AdrLine>PHILIPPINE AIRLINES BUILDING 069536</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
- 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.
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