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TikTok owner, Ant Financial said to have put in bids

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Published Thu, Jan 2, 2020 · 09:50 PM

    Singapore

    CHINA'S ByteDance Technology, which owns the popular video-sharing app TikTok, is said to have applied for a wholesale digital banking licence in Singapore, The Business Times understands.

    This comes as the firm - said to be the world's largest tech startup with a reported valuation of more than US$75 billion as at 2018 - had earlier signalled intentions to edge into financial services.

    Singapore digital banksByteDance

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