Singapore-based payments firm Fomo Pay said on October 23 that eligible clients can now send digital assets directly from their Fomo Pay business accounts to PantherTrade, a licensed Hong Kong virtual asset trading platform owned by Futu Holdings, which runs the moomoo trading app.

Required Travel Rule data will be exchanged automatically.

Fomo Pay said the setup removes the need to route transfers through third-party wallets and supports compliance requirements.

It said this is PantherTrade’s first Travel Rule integration with an overseas licensed institution.

Fomo Pay is listed in the Monetary Authority of Singapore’s financial institutions directory and has expanded its Singapore digital payment token license to add custody services for merchants, corporates, and institutions.

The partnership comes as Futu has expanded into virtual assets. Financial Action Task Force-aligned Travel Rule frameworks require covered transfers to include sender and recipient information, though local requirements vary.

🔗 Source: FOMO Pay

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