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BT EXCLUSIVE: STARTUPS

Carro eyes digibank licence as vehicle to expand into SME loans

BT EXCLUSIVE: STARTUPS

Carro eyes digibank licence as vehicle to expand into SME loans

5 -min read
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5 -min read
Listen to this article

Singapore

WITH its auto financing business already revving up profits - used car marketplace Carro is now eyeing a wholesale digital banking licence to expand the business.

The startup is already in talks with potential partners to apply for the licence, which could open the door...