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Grab targets ASEAN's unbanked in 'once in a lifetime' opportunity

Digital bank, 'buy now, pay later' to drive growth, says executive

Reuben Lai, head of Grab Financial Group, speaks during a Nikkei webinar. He says he doesn't see traditional banks as competition. (Nikkei montage/Retuers)

SINGAPORE -- Singapore tech unicorn Grab is determined to redesign Southeast Asia's underserved financial markets, with the head of its finance unit saying now is a "once in a lifetime" opportunity to drive financial inclusion in the region.

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