SINGAPORE -- SoftBank Group-backed super app operator Grab said Monday that it has formed a consortium with Singapore Telecommunications, Southeast Asia's largest telecom operator, to apply for a digital banking license in Singapore.
Finance
Grab joins forces with Singtel for Singapore digital banking license
SoftBank-backed app aims to expand ecosystem with leading telecom operator
Grab and Singtel could capitalize on their existing customer bases to offer banking services for consumers and businesses in Singapore. (Source photo from Reuters)
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