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Singapore issues digital bank licenses to Ant Group, Sea, and joint bidders Singtel and Grab, with operations likely to start in early 2022

Alibaba's Ant Group and joint bidders Grab and Singtel are amongst bidders that have snagged licences to offer digital banking services in the country …

ZDNet Eileen Yu

Discussion

  • @amittwitr @amittwitr on x
    It's official 🇸🇬 Monetary Authority of Sing announced 4 successful digital bank licens https://www.mas.gov.sg/... Many r surprised by some new names so: - Chinese Consortium led by Greenland is interesting. Lots of partners - Sea is an internet co into gaming, ecomm and finserv h…
  • @jonrussell Jon Russell on x
    Singapore's digital financial license application process has been a really big theme in Southeast Asia tech in 2020—not keeping with the hype, MAS sneaked out the results this Friday evening Grab, Sea & Ant were strongly tipped and have been successful https://www.mas.gov.sg/...…