SINGAPORE -- Malaysian conglomerate YTL Group on Monday announced the launch of its digital banking business in Malaysia with Singapore's Sea, entering an increasingly crowded field of loss-making players.
Finance
Malaysian conglomerate YTL joins digital banking fray with Singapore's Sea
Ryt Bank touts AI-backed financial services in regional field of loss-making platforms
New Malaysian digital bank Ryt Bank touts interest of up to 4% per annum paid daily into customers’ accounts, as well as a lending service where no interest fees are charged if borrowers pay back loans within the first month of due dates. (Nikkei montage/Source images from Ryt Bank and Akira Kodaka)
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