SINGAPORE -- Singapore-based GXS Bank, a virtual lender majority-owned by Grab, on Tuesday began offering instant loans from 200 Singapore dollars ($150) each as it aims to capture the market of gig workers and digital natives seeking flexible, accessible financial services.
Finance
Superapp Grab's digital bank launches instant loans in Singapore
Virtual lender GXS expands product line for gig workers and digital natives
GXS is offering personal loans of as low as S$200 on its app. (Photo courtesy of GXS Bank)
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