Jack Ma’s Ant Group has launched a digital bank in Singapore

Home / Jack Ma’s Ant Group has launched a digital bank in Singapore

Ant Group, the company behind China’s largest digital payment platform Alipay, has launched a neobank in Singapore.
Anext Bank will target small and medium-sized enterprises (SMEs). The bank has also partnered with trade platform Proxtera to provide financial solutions for SMEs wishing to engage in international trade.

In 2020, the company launched a similar bank for retail customers in Hong Kong.

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