Singapore digital bank race heats up with 21 licence bidders

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Firms look to shake up the city-state's banking landscape.

Singapore digital bank race heats up with 21 licence bidders
Singapore has drawn huge interest from technology firms looking to shake up the city-state's banking landscape, attracting 21 applications for five digital bank licences on offer. Among firms bidding are Alibaba Group affiliate Ant Financial, a venture between Singapore Telecommunications ...

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