today announced it has submitted an application for digital bank licence to Bank Negara Malaysia .
"The digital bank aims to sustainably provide affordable and ethical financing products, while hand holding the B40 and micro, small and medium enterprises to nurture good financial management, pouring rocket fuel into post-pandemic productivity," it said. On May 24, it secured Crowdo Holdings Pte Ltd, an SME-focused neobank for emerging ASEAN markets, as consortium partner before subsequently securing INFOPRO Sdn Bhd as its partner on June 1.
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