PYMNTS-MonitorEdge-May-2024

Singtel

Western Union to Acquire Dash Mobile Wallet From Singtel
Western Union to Acquire Dash Mobile Wallet From Singtel
October 24, 2024  |  Acquisitions

Western Union plans to acquire Dash, a mobile wallet in Singapore that has more than 1.4 million users. The company and Dash owner Singtel signed...

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Grab- and Singtel-Backed GXS Launches Digital Bank in Singapore
Grab- and Singtel-Backed GXS Launches Digital Bank in Singapore
August 31, 2022  |  Digital Banking

GXS Bank, which is backed by Southeast Asian super app provider Grab and Asian communications technology group Singtel, has launched a digital bank for consumers and...

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Bank Negara Malaysia Grants Digital Banking License to GXS Bank
Bank Negara Malaysia Grants Digital Banking License to GXS Bank
April 29, 2022  |  Digital Banking

Grab and Singtel have announced that Bank Negara Malaysia will grant their digital bank joint venture, GXS Bank, and a consortium of Malaysian investors, including...

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Singtel, Grab Each Snag 16.3% of Indonesia’s PT Bank Fama
Singtel, Grab Each Snag 16.3% of Indonesia’s PT Bank Fama
January 21, 2022  |  International

Telecom firm Singapore Telecommunications (Singtel) and ride hailing and payments firm Grab Holdings Ltd. each bought 16.3% of Indonesia’s PT Bank Fama International to expand their...

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Grab-Singtel Ramps Up Hiring For Singapore Bank; Plans 2022 Launch
Grab-Singtel Ramps Up Hiring For Singapore Bank; Plans 2022 Launch
December 07, 2020  |  Digital-First Banking

A new Singaporean digital bank formed in a joint venture between Grab Holdings Inc. and Singapore Telecommunications Ltd. will hire 200 people before launching publicly...

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Grab, Sea And Ant Chosen To Receive Digital Banking Licenses In Singapore 
Grab, Sea And Ant Chosen To Receive Digital Banking Licenses In Singapore 
December 04, 2020  |  International

The Monetary Authority of Singapore (MAS) on Friday (Dec. 4) chose four firms to receive digital banking licenses, including “digital full bank” licenses for Singapore-based Sea Ltd....

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The Race For Singapore’s Digital Banking Licenses
The Race For Singapore’s Digital Banking Licenses
January 03, 2020  |  Digital Banking

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to...

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Top News In Payments: PayPal Further Integrates With MercadoLibre; Singtel, Grab To Launch Digital Bank In Singapore
Top News In Payments: PayPal Further Integrates With MercadoLibre; Singtel, Grab To Launch Digital Bank...
December 30, 2019  |  News

In today’s top payments news, PayPal further integrates with Argentinian eCommerce company MercadoLibre, and Singtel and Grab partner to launch a digital bank in Singapore....

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Singtel, Grab Team Up To Launch Digital Bank In Singapore
Singtel, Grab Team Up To Launch Digital Bank In Singapore
December 30, 2019  |  Digital Banking

Singtel and Grab are looking to consolidate their powers to create a new digital bank for the people of Singapore, they announced in a press...

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