FortiCard, a Singapore-based global Fintech firm, has announced the establishment of its subsidiary in the United States and the acquisition of a Money Services Business (MSB) license issued by the Financial Crimes Enforcement Network (FinCEN) under the U.S. Department of the Treasury.
This development marks a significant step in the company’s global expansion strategy and lays a solid foundation for its growth in the U.S. market.
Since its founding in 2010, FortiCard has focused on providing secure and convenient financial services to customers worldwide through innovative capital investment strategies.
With the newly obtained MSB license, the company is authorized to conduct various operations in the United States, including cryptocurrency trading, payment processing, and other financial services.
The acquisition not only removes previous operational restrictions but also opens up greater opportunities for growth in the North American market.
This milestone underscores FortiCard’s continued rise in the global fintech industry. The company’s global expansion and technological innovation have established a solid presence in multiple countries and regions.
Setting up a subsidiary and obtaining the MSB license in the U.S. represents a critical step in its commitment to sustainable growth and broader market reach.
In addition to expanding its U.S. presence, FortiCard has unveiled a five-year development blueprint that includes plans to apply for approval from the U.S. Securities and Exchange Commission (SEC) and eventually conduct an Initial Public Offering (IPO) on the U.S. stock market.
Going public is expected to provide the company with greater financial support and strengthen its leadership position in the global fintech industry.
By listing on the U.S. stock market, FortiCard aims to attract more investors and partners, thereby increasing its global market share and influence.
FortiCard’s expansion is driven not only by compliance and market positioning but also by continuous technological innovation. As a leader in the fintech industry, the company pioneers advancements in blockchain technology, cryptocurrency trading, and payment processing.
Its crypto asset management platform and cross-border payment solutions have been well-received in multiple markets, achieving significant results.
Looking ahead, FortiCard plans to invest heavily in technological innovation, developing groundbreaking financial products to set new trends in the global fintech industry.