Tag "ANEXT Bank"
13 Fintech Giants Back Programme Sirius to Promote MSME Sustainability in APAC
Programme Sirius has been launched to support Micro, Small, and Medium-Sized Enterprises (MSMEs) in the Asia-Pacific region on their path towards sustainability. With the backing of 13 fintech industry leaders from 11 economies, the programme aims to bolster MSMEs’ efforts
Read More
Ant Group Injects Another S$200 Million Funding Into ANEXT Bank
Ant Group has further invested S$200 million (approximately US$148 million) into ANEXT Bank, its wholly-owned subsidiary and SME digital bank, according to recent filings with the Accounting and Corporate Regulatory Authority (ACRA) of Singapore. The latest investment marks a continued commitment
Read More
Top 10 Female Fintech Leaders in Asia That Inspires Us
In celebration of this year’s International Women’s Day on 8 March, the Fintech News Network is unveiling its selection of ten of the most influential female fintech leaders in Asia Pacific (APAC). These trailblazing female fintech leaders and founders are
Read More
How Digital Banks in Asia are Redefining Banking with Unique Business Models
The digital banking landscape in Asia is a vibrant and diverse ecosystem, contrasting significantly with its Western counterparts. In the Asia-Pacific (APAC) region, 11 out of the 13 profitable digital banks, including South Korea’s Kakao Bank, India’s Paytm Bank, and
Read More
ANEXT Bank Launches API Repository to Help SMEs Access Financial Services
ANEXT Bank, a digital wholesale bank in Singapore, is taking steps to make financial services more accessible to small and medium-sized businesses (SMEs). The bank launched the ANEXT Programme for Industry Specialists (APIs) and partnered with three new platforms; food
Read More
All 5 Singapore Digital Banks Are Now Members of the Credit Bureau
The five digital banks licensed by the Monetary Authority of Singapore (MAS) are now members of the island state’s credit bureau. This brings the Credit Bureau Singapore’s (CBS) members to 36. The two full digital banks Grab and Singtel’s GXS
Read More
Are Digital Banks Breeding a Risky Competitive Climate in Singapore?
Technological developments have accelerated the transformation of financial services, leading to the explosion of digital banks worldwide. In Singapore, the entry of digital banks into the local financial system is driving economic innovation and enhancing financial inclusion, according to a
Read More
Ant’s ANEXT Bank Launches Embedded Finance Platform for SMEs
ANEXT Bank, Singapore’s digital wholesale bank and a wholly-owned subsidiary of Ant Group, will collaborate with industry specialists to expand the breadth of service offerings for SMEs on their platforms to include the bank’s digital financial services. The ANEXT Programme
Read More
Ant Group Soft Launches Its SME-Focused Digital Wholesale Bank ANEXT
ANEXT Bank, a digital wholesale bank incorporated in Singapore and a wholly-owned subsidiary of Ant Group, announced its soft launch today. The bank said in a statement that the soft launch follows its receipt of MAS’ approval to commence business
Read More