GXS Bank

The Indonesian digital lender has a market capitalisation of US$1.6 billion

They state that loans will be a key driver for growth

It is on track to achieve profitability by 2027, within MAS’ five-year framework for digital banks

Loss of 82 jobs part of the group’s transition from building a bank to running the operations: CEO Lai Pei-Si

Merging the superapp giants could change not only the face of South-east Asia’s ride-hailing market, but also its digital lending space

Revenue is up 22% at US$873 million from US$716 million the year before

The next big quality is empathy, which she has had to learn as well

The collaboration will allow eligible bank customers who invest in the offered fund to receive complimentary group personal accident insurance coverage

Muthukrishnan Ramaswami will remain as a senior adviser to GXS