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digital banking licences
Banking & finance
Ant Group soft launches its digital wholesale bank in Singapore
The bank will provide digital financial services to local and regional MSMEs, especially those engaging in cross-border operations
June 06, 2022
Company in the news
iFast aiming for Malaysia digital bank licence, $100 bil AUA goal 'not a big number': Lim
“To get to $100 billion by 2028, I don’t think it sounds too far-fetched if you look at the size of the market for this business."
February 08, 2021
SFF x SWITCH 2020
AMTD, Razer, iFast miss out on digital bank licence applications, announce plans moving forward
All three companies said that they will remain committed to rolling out their initiatives in digital finance respectively.
December 07, 2020
Banking & finance
Singapore to stick to plans of awarding digital banking licences by end 2020 amid tightening scrutiny in China and US
The decision on awarding these licenses are “strictly merit-based", says MAS chief Ravi Menon.
November 25, 2020
Fintech
Singapore's next stage as a fintech hub; download your free pullout here
SINGAPORE (Nov 11): The Edge Singapore is honoured to be the official media partner of the Singapore FinTech Festival for the third consecutive year. SFF2018 was already the world’s largest fintech festival; SFFxSWITCH 2019 (Singapore Week of Innovatio
November 08, 2019
Fintech
Hong Leong Finance seeks virtual bank licence
(Sept 13): Singapore’s Hong Leong Finance sees the country’s plan to issue virtual banking licences as an opportunity to find new customers and re-invent itself as a tech-savvy lender to the nation’s new businesses.
September 13, 2019
Fintech
Ping An unit mulls Singapore digital bank licence application
(Sept 6): Ping An Insurance (Group) Co’s financial technology unit is considering an application for one of Singapore’s new digital banking licences, according to a person familiar with the matter.
September 06, 2019