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Ron Sim's V3 Group mulls Singapore digibank bid with Far East Organization, Temasek's Heliconia and EZ-Link

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Published Thu, Nov 14, 2019 · 09:59 AM

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    Ron Sim's V3 Group is said to be in talks with property group Far East Organization, stored-value card operator EZ-Link, and Temasek-owned Heliconia Capital to form a consortium to gun for a digital bank licence in Singapore.

    The Business Times understands that the partners are targeting one of the two digital full-bank licences in Singapore that will allow it to accept deposits from retail customers.

    Market talk is that the final line-up of the consortium is not finalised and that there might be new players joining the fray.

    Singapore digital banksV3 GroupFar East OrganizationEZ-LinkHeliconia Capital

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