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MAS says it received 21 applications for digital bank licences, but only 5 can be given out

There were 7 digital full bank licence applications, and 14 applications for digital wholesale bank licences.

The biggest consortium to apply for a digital banking licence so far includes EZ-Link, V3 Group, Singapore Business Federation and more

The consortium is focused on serving SMEs in Singapore, which employs close to 70 per cent of Singapore's workforce.

Razer Fintech plans to build ‘world’s first global youth bank’ targeting youth and millennials

If successful, the firm will build the world's first global youth bank, named Razer Youth Bank.

Grab and Singtel have jointly applied for a digital bank licence in Singapore

We'll know by the middle of the year if we're getting a Grab-Singtel digital bank.
Hendrik Bartel, CEO and co-founder of Truvalue Labs

A seasoned founder explains how to get into fintech, and what it takes for Silicon Valley to serve the big players of Wall Street

Truvalue Labs offers banks and asset managers on Wall Street data and analytics around ESG factors to help them assess possible investments.
Alex Wheldon is the co-founder of Rho Business Banking.

A serial entrepreneur with 4 startups on his resume tells us what it takes to build a business, and what makes fintech different

It's all about finding problems, solving them in a simple way, and making sure there's a market need for your solution, Alex Wheldon told Business Insider.
Ksenia Yudina, the founder of U-Nest

A first-time startup founder explains how to build the right team to attract investors and grow the business

Ksenia Yudina is the founder of U-Nest, an app-based fintech that offers users the ability to set up 529 college savings plans on their phones.
Pierpaolo Barbieri

NEW: Ualá, a fast-growing personal finance app in Argentina, just closed a $150 million fundraising led by Tencent and SoftBank’s Latin Ame...

The latest news on the stories that are dominating banking, business, and big deals.

Singapore will invest US$2 billion in ‘green’ finance to mitigate and adapt to climate change risks – here’s what that means

Singapore wants to be a leading centre for green finance. It also wants to make its financial system resilient to environmental risks.
Chime offers a "no-fees" bank account.

Chime, one of the hottest digital banks taking on Wall Street, faced outages that could see it lose customers. It highlights how competitive digital b...

Challenger bank Chime experienced an outage that locks customers out of their accounts and didn't allow them to make purchases.