The granting of a Major Payment Institution License to Nuvei's Singapore entity by the Monetary Authority of Singapore is a significant regulatory milestone. It enables Nuvei to offer a broader range of payment services in a strategic market. This expansion can lead to increased revenue opportunities and strengthen Nuvei's position in the Asian financial technology sector. The direct mention of Nuvei and the significance of the license suggest a positive short-term impact on its stock price, given the potential for market expansion and revenue growth.