, Singapore

Hong Kong fintech YouTrip obtains principal license from Mastercard

This marks them as the first company in Singapore to obtain a prepaid license from Mastercard.

Hong Kong-based multi-currency mobile wallet startup YouTrip has secured a principal license from Mastercard, where they will assume the role of issuer and stored value facility holder of YouTrip accounts, a media release revealed.

This marks the first time that a company in Singapore obtained an electronic money license from Mastercard.

This builds on the two firms’ partnership in August 2018, together with contactless smart card brand EZ-Link for YouTrip’s debut in Singapore. The firm allows for the exchange and storage of 10 selected currencies in advance through its in-app exchange feature and lets the user pay fees in more than 150 currencies at wholesale exchange rates.

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The group shall be paid damages and fees by Blackgold Australia’s ex-CEO and ex-chairman.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
SBR 2 Lorem Ipsum [8 May]
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley