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Named Anext Bank, it will target small and medium enterprises (SMEs), it said in a statement this week. It has also formed a partnership with trading platform Proxtera to provide financial solutions for SMEs looking to participate in overseas trade.
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"Amid rapid acceleration in the digital economy, business models are changing and pivoting to become digital-first, if not adopting a hybrid model. Financial services have to evolve and be where SMEs are doing their businesses digitally,” Anext Bank CEO Toh Su Mei said in the statement.
https://www.theblockcrypto.com/linked/150225/jack-mas-ant-group-launches-digital-bank-in-singapore
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