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.
Singtel and Grab have joined hands to apply for a digital full banking licence in Singapore. In a joint statement, the companies announced that they will form a consortium with Grab taking a 60 percent stake and Singtel 40 percent.
Singapore’s vibrant fintech community has scored another first with Beijing-headquartered strtup ABC Technology making Singapore its international base.