AEON Credit Service (M) Bhd

Fintech, smartphone digital banking

Consortiums and companies submit Malaysia digital banking license bids as deadline looms close, including Grab-Singtel venture

The Race for the five digital banking licenses heats up further as more consortiums and companies announced their application, including ride-hailing giant Grab-Singtel consortium, which bagged a digital full-bank license in Singapore last year. These consortiums also include overseas investors and technology partners from Singapore, Japan, and China.