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Triple A Technologies

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Triple-A (legally Triple A Technologies Pte. Ltd.) is a global financial technology business specialising in stablecoin and local currency payments.[1] Founded by Eric Barbier, it handles payments for merchants and cross-border transfers.[2][3][4]

History

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Triple A Technologies Pte. Ltd. began its business operations in Singapore in 2020.[5][6] Triple-A received a Standard Payment Institution licence from the Monetary Authority of Singapore in November 2021, covering digital payment token services. It later obtained a Major Payment Institution licence.[7][8][9]

In 2022, Triple-A raised US$4 million in seed funding led by zVentures, the investment arm of Razer.[10][11] In October 2023, it raised US$10 million Series A funding round led by Peak XV Partners and co-led by Shorooq Partners.[12][11][4]

Farfetch was among the merchants using Triple-A's cryptocurrency payment services in 2023.[12][13] In January 2024, Singapore's AXS introduced cryptocurrency payments for selected services through Triple-A.[14][15] GrabPay began accepting stablecoin wallet top-ups through the same provider in March. In both cases, Triple-A converted the payments into Singapore dollars.[16] Triple-A introduced stablecoin payouts for business transactions in 2024.[11] In November, it partnered with Crypto.com to enable payments to online merchants.[17] PayTop SAS, Triple-A's French subsidiary, received authorisation as a crypto-asset service provider under the European Union's Markets in Crypto-Assets (MiCA) regulation in May 2026.[18] The company also received in-principle approval from Dubai's Virtual Assets Regulatory Authority (VARA) for broker-dealer services in June 2026.[19][20]

Regulatory licences

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Its services include multicurrency accounts, merchant payment integrations and business payouts.[21][22][23] In February 2026, Triple-A announced a collaboration with Mastercard Move concerning cross-border transfers for banks and other payment providers.[24][25]

Triple A Technologies Pte. Ltd. holds a Major Payment Institution licence from the Monetary Authority of Singapore, covering money transfers, merchant acquisition and digital payment token services.[26]

In France, Triple-A operates through PayTop SAS, which is authorised as a payment institution (PI) by the Autorité de contrôle prudentiel et de résolution (ACPR) and as a crypto-asset service provider by the Autorité des marchés financiers (AMF) under the European Union's Markets in Crypto-Assets (MiCA) regulation.[27] In the United States Triple A Technologies Inc. is registered with the Financial Crimes Enforcement Network (FinCEN) as a money services business and holds money transmitter licences in multiple U.S. states.[28][29] In Canada Triple A Technologies Pte. Ltd. is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a foreign money services business and with the Bank of Canada as a payment service provider under the Retail Payment Activities Act.[30][31] In Dubai, Triple A Technologies FZCO received in-principle approval from the Virtual Assets Regulatory Authority for broker-dealer services in 2026.[32][33]

References

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  1. ↑ "S'pore payment firm Triple-A adds PayPal's digital currency in bid to chase growth". The Straits Times. 2024-05-28. ISSN 0585-3923. Retrieved 2026-11-07.
  2. ↑ Shu, Catherine (2023-10-25). "Triple-A gets funding from Peak XV to help more businesses use crypto". TechCrunch. Retrieved 2026-11-07.
  3. ↑ "Singapore based fintech Triple-A raises US$10m series A". Digital News Asia. 2023-10-25. Retrieved 2026-11-07.
  4. 1 2 Ghosh, Suvashree; Jagtiani, Sunil (2024-04-19). "Singapore-Licensed Triple-A to Offer PayPal Stablecoin Support". Bloomberg.com. Retrieved 2026-11-07.
  5. ↑ Shu, Catherine (2023-10-25). "Triple-A gets funding from Peak XV to help more businesses use crypto". TechCrunch. Retrieved 2026-11-07.
  6. ↑ "AXS to accept digital currencies in tie-up with crypto payment firm". The Straits Times. 2024-01-23. ISSN 0585-3923. Retrieved 2026-11-07.
  7. ↑ "Singapore Grants Crypto Payments License to TripleA". PYMNTS. 2021.
  8. ↑ "Triple A Technologies Pte. Ltd". Financial Institutions Directory. Monetary Authority of Singapore.
  9. ↑ "Singapore-licensed Triple-A to offer PayPal stablecoin support". The Business Times. 2024-04-19. Retrieved 2026-11-07.
  10. ↑ "Gaming Hardware Giant Razer's Venture Arm Leads $4 Million Investment In Singapore Crypto Payment Startup". Forbes. 17 June 2022.
  11. 1 2 3 "Triple-A". DigFin.
  12. 1 2 "Triple-A". TechCrunch. 24 October 2023.
  13. ↑ "Crypto.com and Triple-A join hands to enable direct crypto payments". The Straits Times. 2024-11-21. ISSN 0585-3923. Retrieved 2026-11-07.
  14. ↑ "Singapore AXS Users Can Make Payments in Digital Currencies". Bloomberg News. 23 January 2024.
  15. ↑ "AXS to allow payments in digital currencies in tie-up with crypto payment firm". The Business Times. 2024-01-23. Retrieved 2026-11-07.
  16. ↑ "Singapore Users Can Now Top Up GrabPay Wallet Using Crypto and Stablecoins". Fintech News Singapore.
  17. ↑ "Crypto.com and Triple-A join hands to enable direct crypto payments". The Straits Times.
  18. ↑ "De Gaulle Fleurance accompagne l'entité française du groupe Triple-A, la société PayTop, dans l'obtention de son agrément PSCA". De Gaulle Fleurance.
  19. ↑ "Triple-A Wins VARA In-Principle Approval for Broker-Dealer Services". The Fintech Times.
  20. ↑ "Payments firm Triple-A secures VARA IPA in Dubai". FinTech Global. 15 July 2026.
  21. ↑ "Triple-A". DigFin.
  22. ↑ "Stablecoins: the once-in-a-lifetime shift in payments". The Paypers.
  23. ↑ "Money 20/20: Triple-A Launches Multicurrency Accounts with Direct Access to Stablecoin Rails". Finopotamus.
  24. ↑ "Triple-A and Mastercard". Fintech News Singapore.
  25. ↑ "S'pore payment firm Triple-A adds PayPal's digital currency in bid to chase growth". The Straits Times. 2024-05-28. ISSN 0585-3923. Retrieved 2026-11-07.
  26. ↑ "Triple A Technologies Pte. Ltd". Financial Institutions Directory. Monetary Authority of Singapore.
  27. ↑ "De Gaulle Fleurance assisted PAYTOP, the French subsidiary of the Triple-A Group, in obtaining its CASP authorization". De Gaulle Fleurance. Retrieved 2026-11-07.
  28. ↑ "Triple A Technologies Inc". NMLS Consumer Access.
  29. ↑ Times, The Fintech (2026-08-08). "Triple-A Wins VARA In-Principle Approval for Broker-Dealer Services". The Fintech Times. Retrieved 2026-11-07.
  30. ↑ "Money Services Business Registry". Financial Transactions and Reports Analysis Centre of Canada.
  31. ↑ Government of Canada, Financial Transactions and Reports Analysis Centre of Canada (2024-07-31). "Money Services Business Registry | FINTRAC – Canada.ca". fintrac-canafe.canada.ca. Retrieved 2026-11-07.
  32. ↑ jhaxell (2026-07-15). "Payments firm Triple-A secures VARA IPA in Dubai". FinTech Global. Retrieved 2026-11-07.
  33. ↑ Ghosh, Suvashree; Jagtiani, Sunil (2024-04-19). "Singapore-Licensed Triple-A to Offer PayPal Stablecoin Support". Bloomberg.com. Retrieved 2026-11-07.
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