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