GXS Bank

GXS Bank on Monday unveiled its GXS Biz Property-backed Loan, developed in partnership with Funding Societies, offering small and medium-sized enterprises (SMEs) in Singapore access to up to S$2 million ($1.57 million) in financing secured against residential or commercial property.

Singapore-based financial services company Singlife announced Wednesday a partnership with GXS Bank to embed insurance coverage for the bank’s first investment product on GXS Invest.

GXS Bank announced Monday that it has received regulatory approval to acquire Validus Capital Pte Ltd, the Singapore subsidiary of Validus Investment Holdings Pte Ltd (Validus Group).

GXS Bank, a joint venture between Grab Holdings and Singtel, has partnered with US-based technology consultancy firm Thoughtworks to accelerate its digital bank launch in Southeast Asia (SEA).