Tag "Ant Group"

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

Ant Group Inks Deal to Become Payments Firm 2C2P’s Largest Shareholder

Payments firm 2C2P announced that Chinese fintech giant Ant Group will become its majority shareholder in a strategic partnership. Further details of the deal was not disclosed. Through the strategic partnership, 2C2P’s extensive pool of merchants inclusive of global and

Read More

NETS Enhances Local SMEs’ Cross-Border Payments Capabilities With Alipay+ Integration

Network for Electronic Transfers (NETS), Singapore’s payment services group announced plans to integrate with Ant Group’s Alipay+ to further enhance the digital payments capabilities of its local merchants at the Singapore Fintech Festival 2021. Introduced by Ant Group since 2020,

Read More

What Have Singapore’s Digital Banks Been up To?

It has been six months since The Monetary Authority of Singapore (MAS) announced the four successful applicants for Singapore’s inaugural digital banks. A Grab-Singtel consortium and SeaMoney (an entity wholly owned by Sea Group) snagged digital full bank (DFB) licenses

Read More