SINGAPORE, Dec 3 (Reuters) - A venture between Southeast Asian ride-hailing firm Grab and Singapore Telecommunications and internet platform company Sea Ltd have each won licences to run Singapore's first digital banks, in the city-state's biggest banking shakeup in two decades.
Alibaba Group affiliate Ant Group and a consortium comprising China's Greenland Financial Holding Group also won licences, Singapore's banking regulator said on Friday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!