A drought in global venture capital activity has not deterred startups across Asia from breaking new ground. This year’s Forbes Asia 100 to Watch list spotlights small companies and startups across the region that are targeting underserved markets or applying new technologies.
Sleek, an online corporate services provider, is looking to expand its footprint in Singapore’s vibrant small and medium-sized enterprise (SME) digital banking space, announcing on June 13, 2022, the launch of an array of new products designed to complement its existing Business Account product in the city-state.
This makes Sleek the first Fintech company in Singapore offering incorporation and accounting services to receive the MPI license. SINGAPORE, July 7, 2022 /PRNewswire/ Sleek.com, a leading technology company providing incorporation and accounting services for entrepreneurs, SMEs, and investors has announced today that it has been granted a Major Payment Institution License ("MPI") issued by the Monetary Authority of Singapore ("MAS"), effective from 1 July 2022. Sleek is the first Fintech company in Singapore offering incorporation & accounting services to receive the MPI license. The license allows Sleek to expand its Sleek Business Account suite of services with cross border transfers, account issuance, and e-money issuance to an even wider group of its SME clients. "Being granted the MPI license by our financial regulator is a testament to the trust our customers, investors and partners have placed in our financial security standards and compliance lev