Grab and Singtel team up to apply for a digital full bank license in Singapore

INSUBCONTINENT EXCLUSIVE:
Grab and Singtel, one of the largest telecoms in Singapore, announced today that they are applying for a digital full bank license together
If approved, the license will allow them to offer simple credit and investment products, before progressing to a full-functioning bank if
40%
Securing working capital is a major pain point across Southeast Asia, with several startup and financial institutions working on new tools
and financial services, all through one portal.It entered financial services in 2016 with the introduction of GrabPay Wallet, a digital
wallet, before launching Grab Financial Group in 2019
truly customer-centric digital bank that will deliver a variety of banking and financial services that are accessible, transparent and