Grab-Singtel and Ant Group win digital bank licenses in Singapore

Singapore on Friday granted four firms, including Ant Group and Grab, licenses to run digital banks in the Southeast Asian country, in a move that would allow the tech giants to expand their financial services offerings. The nation’s central bank, Monetary Authority of Singapore (MAS), said it applied a “rigorous, merit-based process” to select a […]
https://tcrn.ch/3lJc4U0