
SINGAPORE -- A wide array of tech-savvy startups are lining up to apply for Singapore's first batch of digital banking licenses as the global financial hub strives to encourage a new wave of technological innovation.
With ride-hailing superapp Grab and telecoms giant Singtel already considering applying for a banking license, other fintechs in Singapore likely to apply include FOMO Pay, MatchMove, Funding Societies, MaxFinx, Xfers and oCap.