• 4 July 2019
  • banking|digital|Financial Inclusion|Singapore SME|sme lending

e27: These tech companies are eyeing for Singapore’s digital banking license

As published on e27

On Friday, June 28, Monetary Authority of Singapore (MAS) Chairman Tharman Shanmugaratnam announced that the government is set to issue up to five digital banking licenses to provide an opportunity for non-bank finance industry players to enter the banking scene, which is currently dominated by traditional banking institutions.

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