The Beyond consortium led by V3 Group and EZ-Link has become the third player vying for a digital full bank licence in Singapore. It follows submissions by a Singtel-Grab team and another by Razer, Sheng Siong and four other partners.
Beyond also includes Far East Organization, Singapore Business Federation (SBF), Mitsui Sumitomo Insurance (MSIG), and Heliconia.
In a statement, the consortium said that it intends to focus on servicing the needs of small and medium enterprises.