CoGoLinks Asia Pte Ltd has been granted a Major Payment Institution (MPI) licence by the Monetary Authority of Singapore (MAS), effective from 1 March 2026. This licence enables CoGoLinks Asia to offer a range of services, including account issuance, domestic and cross-border money transfers, merchant acquisition, and e-money issuance within Singapore. Established in 2018 under the Vbill Group, CoGoLinks has developed a robust global licence portfolio, including approvals from the People’s Bank of China, Hong Kong’s Money Service Operator, the US’s Money Services Business, and the UAE’s Dubai Financial Services Authority.
The company has successfully integrated its cross-border collection platform into China’s e-commerce and foreign trade sectors, unlocking payment channels for nearly 20 currencies and serving over 240,000 enterprises. A CoGoLinks spokesperson highlighted the company’s strategy of addressing payment challenges with tailored solutions, stating, “Deep industry expertise combined with customised solutions is CoGoLinks’ DNA and competitive edge.”
With the new MPI licence, CoGoLinks plans to establish a local operations team in Singapore and focus on three key initiatives. These include optimising the China-Southeast Asia payment corridor, replicating its cross-border payment system for Southeast Asian enterprises, and achieving payment interoperability between Southeast Asia and the global market. The company aims to leverage its compliance credentials and technological capabilities to accelerate digital cross-border payments worldwide. “Singapore is a key node in our global expansion,” a company representative noted, emphasising the strategic importance of the city-state in their global digital payment network.
