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Singtel, Grab apply for digital bank licence in Singapore

2019-12-30 11:52:00| Telecompaper Headlines

(Telecompaper) Singapore operator Singtel has applied for a digital full bank licence in Singapore with Grab, the provider of an app in Southeast Asia for ride-hailing transport services, food delivery and payment services. The companies will form a consortium, with Grab holding 60 percent and Singtel 40 percent. 

Tags: digital bank apply singapore

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