Grab, Singtel to start banking services in Singapore


SINGAPORE: Grab Holdings Ltd and Singapore Telecommunications Ltd (Singtel) plan to roll out a banking service next week, joining tech giants like Jack Ma’s Ant Group Co in taking advantage of the country’s fintech liberalisation.

Called GXS, the bank will start by offering a savings account from Sept 5 and envisions expanding into credit products over time.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Grab , telco Singtel ,

Next In Business News

Indonesia’s B50 delay opens short-term export window for Malaysian palm oil
Taiwan aims to be strategic AI partner in US tariff deal
Oil prices inch up as market evaluates supply risks
CPO to trade around RM4,000 a tonne in 2026, according to Kenanga
Gold slips as upbeat US data boosts dollar, dims rate-cut bets
Rakuten Trade raises FBM KLCI year-end target, sees stronger earnings and fund flows
Genting Plantations unit fined RM96.6mil by Indonesian authorities
US clears FGV to export palm following WRO modification
NEV sector surging full steam ahead
FBM KLCI dips after five-day rally, poised to end on a weekly gain

Others Also Read