GXS Bank, which is backed by Southeast Asian super app provider Grab and Asian communications technology group Singtel, has launched a digital bank for consumers and businesses in Singapore. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Grab and Singtel have announced that Bank Negara Malaysia will grant their digital bank joint venture, GXS Bank, and a consortium of Malaysian investors, including Kuok Brothers, with a full digital banking license, according to a Friday (April 29) press release. Get the Full Story...
Telecom firm Singapore Telecommunications (Singtel) and ride hailing and payments firm Grab Holdings Ltd. each bought 16.3% of Indonesia’s PT Bank Fama International to expand their offering into that nation, according to a Reuters report Friday (Jan. 21). Get the Full Story Complete the form to...
A new Singaporean digital bank formed in a joint venture between Grab Holdings Inc. and Singapore Telecommunications Ltd. will hire 200 people before launching publicly in early 2022, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
January 03, 2020
In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no […]
October 24, 2024
Western Union plans to acquire Dash, a mobile wallet in Singapore that has more than 1.4 million users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you […]
August 31, 2022
GXS Bank, which is backed by Southeast Asian super app provider Grab and Asian communications technology group Singtel, has launched a digital bank for consumers and businesses in Singapore. Get the...
April 29, 2022
Grab and Singtel have announced that Bank Negara Malaysia will grant their digital bank joint venture, GXS Bank, and a consortium of Malaysian investors, including Kuok Brothers, with a full...
January 21, 2022
Telecom firm Singapore Telecommunications (Singtel) and ride hailing and payments firm Grab Holdings Ltd. each bought 16.3% of Indonesia’s PT Bank Fama International to expand their offering into that nation, according...
