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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.
"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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