E-wallet operators set sights on digital banking space
Their interest reflects how many of them have expanded to offering a range of financial services targeting both individuals and businesses
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Claudia Chong
Singapore
E-WALLET operators in Singapore are eyeing a future as a digital bank as opportunities in the business-to-business space come to the fore.
The Business Times understands that at least five e-wallet operators in Singapore - startups Liquid Group, Xfers and MatchMove Pay among them - are seriously evaluating whether to go after the digital bank licence once applications open in August.
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