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Carro eyes digibank licence as vehicle to expand into SME loans
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Sharanya Pillai
Published Wed, Nov 6, 2019 · 09:50 PM
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 to SME lending.
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