Singapore · Payments & e-money
Sfox PTE. LTD.
SFOX Pte. Ltd. is a Singapore-incorporated company in the sFOX group of crypto-asset firms. The Monetary Authority of Singapore (MAS) licenses it as a major payment institution under the Payment Services Act for digital payment token and cross-border money transfer services. Its LEI record names Ox Labs Inc. of the United States as its direct and ultimate parent. It serves Singapore-resident clients of the sFOX institutional crypto-asset trading platform and holds their digital payment tokens in trust with its Wyoming affiliate SAFE Trust Company.
Licences and registrations
Held by Sfox PTE. LTD. (LEI 549300H26GM4JKXOMJ43). 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
Ox Labs Inc.
Firm type
Crypto exchange or broker
Trades as sFOX
- Standing
- On 7 May 2026 the firm announced that the Monetary Authority of Singapore (MAS) had granted it a major payment institution licence. MAS had given in-principle approval in March 2025.
- Ownership
- Ox Labs Inc. of the United States is the direct and ultimate parent of the firm, according to the parent relationship the firm reports in its LEI record.
- Direct parent
- Ox Labs Inc. ↗, United States
- Head office
- 1 Coleman Street #08-09A, The Adelphi, 179803 Singapore, Singapore
- Founder
- Akbar Thobani
Online
- Websites & references
- sfox.com ↗
trade.sfox.com ↗ trading platform login and account opening
docs.sfox.com ↗ developer API documentation
help.sfox.com ↗ help centre - Official social accounts
- LinkedIn ↗ · X ↗ · YouTube ↗
- App
- App Store ↗
Sources · 12 pages consulted
- eservices.mas.gov.sg/fid/institution/detail/433728-SFOX-PTE-LTD
- sfox.com/
- sfox.com/singapore-supplemental-terms-of-service/
- sfox.com/terms/
- sfox.com/legal-disclosure/
- sfox.com/announcement/sfox-pte-ltd-granted-major-payment-institution-license-by-monetary-authority
- sfox.com/announcement/institutional-crypto-horizon-expands-in-singapore-as-sfox-secures-mas-in-pri
- sfox.com/company/meet-the-team/
- sfox.com/company/contact-us/
- prnewswire.com/news-releases/sfox-names-javier-martinez-ceo-to-lead-next-phase-of-institutional-scale-30
- prnewswire.com/news-releases/sfox-strengthens-team-with-key-hires-from-the-payments-crypto-and-instituti
- mas.gov.sg/investor-alert-list
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Monetary Authority of Singapore licenses the firm as a major payment institution for cross-border money transfer and digital payment token services. MAS does not supervise its unregulated services, such as digital payment token derivatives.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Monetary Authority of Singapore Singapore | Major Payment Institution (Cross-border Money Transfer Service; Digital Payment Token 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.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm says it holds client fiat money in designated trust accounts at banks or other licensed financial institutions, segregated from its own funds, and holds client digital payment tokens in trust accounts with its affiliate SAFE Trust Company in Wyoming.
- Crypto-asset custody
- Held by a third-party custodianThe firm safeguards clients' digital payment tokens in trust accounts, including omnibus accounts, with SAFE Trust Company. SAFE Trust Company is a group affiliate regulated by the Wyoming Division of Banking and holds the tokens outside Singapore.
- Crypto custodian
- SAFE Trust Company United States
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
The firm buys and sells digital payment tokens as principal for Singapore-resident clients funded in fiat, and safeguards their tokens through its group custodian. Its MAS licence also covers cross-border money transfer services.
Under the sFOX terms of service, the firm contracts with clients who are Singapore residents. Other group entities serve clients in the United States and elsewhere.
- Sells to
- Enterprises · Financial institutions
- Serves customers in
- Singapore
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Javier Martinez Chief Executive Officer (Group Chief Executive Officer of the sFOX Group)
- Chief financial officer
- David Arnold Chief Financial Officer (sFOX group)
- Compliance / MLRO
- James Kiernan Chief Compliance Officer and U.S. BSA Officer (sFOX group)
- Executive
- Alexander William Tzen Angerer Key personnel named on the MAS Financial Institutions Directory
- Founder
- Akbar Thobani Co-Founder (sFOX group)
Recent events
Researched 29 Sep 2026 · Sources
-
Licence
The Monetary Authority of Singapore granted the firm a major payment institution licence for digital payment token and cross-border money transfer services.
sfox.com ↗ -
Leadership
The sFOX group named Javier Martinez chief executive officer, and founder Akbar Thobhani moved to the role of Founder and Visionary.
prnewswire.com ↗ -
Leadership
The sFOX group appointed David Arnold as chief financial officer and Javier Martinez as chief compliance and legal officer.
prnewswire.com ↗ -
Licence
The Monetary Authority of Singapore gave the firm in-principle approval for a major payment institution licence.
sfox.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
- How the LEI was matched
- Matched by Elucidate to GLEIF on name, country and address
- Elucidate firm ID
- aded629f9030
Profile
- Type
- Payments & e-money · CryptoPayment 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
- Crypto-assets
- Licensed in
- Singapore · East Asia & Pacific
- First registered
- Not published
- Website
- www.sfox.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
- Direct parent
- Ox Labs Inc. · United States5493001YCPG035ENOC21 ↗
The Ox Labs Inc. group has 2 institutions in the directory, in 2 countries: none holds a BIC.
Including sFOX Services, Inc..
See the Ox Labs Inc. group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Address on the register
- 1 COLEMAN STREET #08-09A, THE ADELPHI 179803, Singapore, 179803
- 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>549300H26GM4JKXOMJ43</LEI>
<Nm>SFOX PTE. LTD.</Nm>
<PstlAdr>
<PstCd>179803</PstCd>
<TwnNm>Singapore</TwnNm>
<Ctry>SG</Ctry>
<AdrLine>1 COLEMAN STREET #08-09A</AdrLine>
<AdrLine>THE ADELPHI 179803</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.
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