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Retail Asia02/07/2021

Malaysian budget airline AirAsia Group Bhd said on Thursday its fintech unit has bid for a digital banking license in the country as part of a consortium. BigPay, the unit, has partnered with Malaysian Industrial Development Finance Berhad – a unit of the country’s largest asset manager Permodalan Nasional Bhd – and private equity firm […]

Retail Asia14/11/2019

Singapore cross-border startup InstaReM has withdrawn from the contest for a digital wholesale banking license, preferring to focus on its global business-to-business payments instead. It is the first firm to declare its withdrawal. InstaReM, which recently rebranded to Nium, has backed down from its application for a digital wholesale license because the banking landscape in […]

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Tag: bank license

Malaysia’s AirAsia applies for digital banking license

Singapore Fintech Ditches Plans for Digital Bank License