Coda Payments receives Major Payment Institution license from MAS Singapore

Coda issued a regulatory action on June 3, 2026.

Primary

Coda

Date

June 3, 2026

Sub-sector

B2B Payments

Regulatory approval signals Coda's expansion into regulated payments infrastructure in Asia-Pacific, relevant for founders building cross-border or regional payment solutions. Shows MAS willingness to license fintech payments platforms, but Coda's size and existing scale limit direct competitive threat.

Primary company

Coda

Counterparty

Not disclosed

Amount

Not disclosed

Event date

June 3, 2026

Sub-sector

B2B Payments

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PR Newswire

Source: prnewswire.com