Sea, YTL Digital on track to form digital bank

Sea Capital Services said its “launch timeline” remains aligned with the plan approved by the Finance Minister.

PETALING JAYA: The consortium of Sea Ltd and YTL Digital Capital Sdn Bhd will launch its digital bank by the end of this year.

Sea is the parent company of eCommerce platform Shopee. In a statement to StarBiz, Sea Capital Services Bhd said its “launch timeline” remains aligned with the plan approved by the Finance Minister. “Our approved commencement date of the end of 2024 remains unchanged.”