Financial services company 2C2P obtains permission from the Monetary Authority of Singapore (MAS) to expand its operations within the city-state.
2C2P Publishes Whitepaper on Southeast Asian Digital Payments Landscape
In March 2025, 2C2P Pte Ltd, a leading payments platform in Southeast Asia, published its annual whitepaper focusing on the digital payments landscape in the region. The whitepaper, which does not contain any advertisements, aims to build resilient, future-ready ecosystems for merchants and consumers alike, and reinforces 2C2P's role as a thought leader in shaping the regional dialogue on payments innovation.
Founded in 2003, 2C2P has been recognized as one of the early pioneers in Southeast Asia's payments sector. The company, under the leadership of Agnes Chua, Country Manager of 2C2P Singapore, continues to expand its reach and deliver more comprehensive payment offerings in a market that is rapidly embracing digital transformation.
The whitepaper emphasizes 2C2P's commitment to financial inclusion, a mission that is central to the company's operations. Local and regional financial institutions are currently collaborating with 2C2P to expand payment offerings and provide a seamless payment experience for business customers in Singapore and Southeast Asia. While specific names are not publicly detailed, these partnerships include various banks and payment partners.
The collaboration between 2C2P and Antom, a global merchant payment and digitalisation services provider, integrates Antom's world-class technologies with 2C2P's deep local expertise, creating a powerful foundation to deliver seamless, customer-centric financial services. Chua added that the company aims to empower businesses of all sizes and provide a trusted and seamless payment experience for customers anywhere and anytime.
In a significant milestone, 2C2P has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019. The MPI license authorizes 2C2P to deliver domestic money transfer, cross-border money transfer, and merchant acquisition services to businesses operating in Singapore.
This licensing achievement, combined with the company's local expertise and world-class technologies, positions 2C2P to expand its services and advance access to meet the needs of local merchants in Singapore and across Southeast Asia. The whitepaper, published beyond this licensing achievement, serves as a testament to 2C2P's ongoing commitment to driving financial inclusion and building resilient, future-ready ecosystems for merchants and consumers alike.
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