The Business Times
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Enigma Group leads consortium for digital full bank licence

Ng Ren Jye

Published Tue, Jan 14, 2020 · 09:50 PM

Singapore

A CONSORTIUM led by the Singapore-headquartered Enigma Group has applied for a digital full bank licence in the Republic, with an eye on serving underbanked small-and-medium-sized enterprises (SMEs) and the digital workforce.

The consortium includes three Singapore-based companies - management consultancy Qrypt Technologies, app developer 2359 Media and regulatory technology firm Blockchain Worx.

Singapore digital banks

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