Snapshot from Jun 25, 2026 at 22:38 UTC. For live data and tracking: View Live
Events / Regulatory / Coda Payments receives Singapore MPI Licence
Regulatory licence approval

Coda Payments receives Singapore MPI Licence

Analysis based on 6 articles · First reported May 29, 2026 · Last updated Jun 02, 2026

Sentiment
60
Attention
3
Articles
6
Market Impact
Direct
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Market Impact

The approval of the Major Payment Institution licence for Mesh Payments by the Singapore — Monetary Authority of Singapore is a positive development for the fintech and digital payments sector. It signals regulatory clarity and support for companies operating in Singapore, potentially attracting more investment and fostering innovation in the region. For Mesh Payments, this strengthens its operational capabilities and regulatory standing, which could lead to increased market share and investor confidence.

Fintech Digital Payments Digital Content
Event Summary

Mesh Payments Pte. Ltd., a Singapore entity of Codan Limited, a global leader in digital content monetization and distribution, has received approval for its Major Payment Institution (MPI) Licence from the Singapore — Monetary Authority of Singapore. This approval follows an earlier In-Principle Approval and is a significant milestone for the Singapore-headquartered fintech company. The MPI licence authorizes Mesh Payments to continue providing merchant acquisition, domestic money transfers, and cross-border money transfers under Singapore's Payment Services Act. Shane Happach, CEO of Codan Limited, highlighted Singapore's central role in the company's growth and commitment to compliance. Codan Limited's solutions are trusted by over 300 publishers, including Activision Blizzard, LG Electronics, MiHoYo, and Moonton, supporting over 400 payment methods across more than 70 markets.

Key Actions
100 Singapore — Monetary Authority of Singapore approved licence Mesh Payments
100 Mesh Payments received approval Singapore — Monetary Authority of Singapore
Entities Involved
priv
Mesh Payments
Mesh Payments received a Major Payment Institution licence from the Singapore — Monetary Authority of Singapore, allowing it to continue and strengthen its payment services globally from Singapore. This enhances its regulatory standing and operational capabilities.
Importance 100 Sentiment 70
stock
Codan Limited
Codan Limited, the parent company of Mesh Payments, achieved a significant milestone by securing the MPI licence, reinforcing its position as a global leader in digital content monetization and distribution.
Importance 90 Sentiment 70
cbnk
Singapore — Monetary Authority of Singapore
The Singapore — Monetary Authority of Singapore approved the Major Payment Institution licence for Mesh Payments, demonstrating its role in regulating and fostering the fintech industry in Singapore.
Importance 80 Sentiment 50
cnt
Singapore
Singapore continues to be a central hub for fintech and digital commerce due to its clear regulatory environment and forward-looking approach, as highlighted by Mesh Payments' CEO.
Importance 70 Sentiment 40
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Shane Happach
Shane Happach, CEO of Codan Limited, emphasized the importance of the MPI licence for Mesh Payments' global growth and commitment to compliance in Singapore.
Importance 60 Sentiment 50
stock
Activision Blizzard
Activision Blizzard is mentioned as one of the publishers that trusts Codan Limited's monetization and distribution solutions, indicating Codan Limited's broad reach in the digital content industry.
Importance 10 Sentiment 0
stock
LG Electronics
LG Electronics is listed as a publisher utilizing Codan Limited's services, showcasing Codan Limited's partnerships with major digital content providers.
Importance 10 Sentiment 0
priv
MiHoYo
MiHoYo is mentioned as a publisher that trusts Codan Limited's monetization and distribution solutions, highlighting Codan Limited's diverse client base.
Importance 10 Sentiment 0
priv
Moonton
Moonton is listed as a publisher that trusts Codan Limited's monetization and distribution solutions, further illustrating Codan Limited's partnerships in the digital content sector.
Importance 10 Sentiment 0
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