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.”

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
DigitalBanking , SeaLtd , YTLDigital , Fintech

Next In Business News

ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings
DKSH shares soar 68 sen on privatisation proposal

Others Also Read